Price for Soya Beans; Seed, Whether or Not Broken in Austria - 2023
Contents:
- Price for Soya Beans; Seed, Whether or Not Broken in Austria (FOB) - 2023
- Price for Soya Beans; Seed, Whether or Not Broken in Austria (CIF) - 2022
- Exports of Soya Beans; Seed, Whether or Not Broken in Austria
- Imports of Soya Beans; Seed, Whether or Not Broken in Austria
Price for Soya Beans; Seed, Whether or Not Broken in Austria (FOB) - 2023
The average export price for soya beans; seed, whether or not brokens stood at $860 per ton in August 2023, which is down by -30% against the previous month. In general, the export price showed a perceptible slump. The pace of growth was the most pronounced in February 2023 an increase of 47% against the previous month. Over the period under review, the average export prices hit record highs at $2,255 per ton in May 2023; however, from June 2023 to August 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was Hungary ($2,574 per ton), while the average price for exports to Germany ($730 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+21.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Soya Beans; Seed, Whether or Not Broken in Austria (CIF) - 2022
In 2022, the average import price for soya beans; seed, whether or not brokens amounted to $973 per ton, surging by 2.9% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 55%. Over the period under review, average import prices hit record highs at $1,413 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,801 per ton), while the price for Slovenia ($625 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Soya Beans; Seed, Whether or Not Broken in Austria
In 2022, approx. 15K tons of soya beans; seed, whether or not brokens were exported from Austria; increasing by 88% compared with 2021. In general, exports, however, saw a slight shrinkage.
In value terms, exports of soya beans; seed, whether or not brokens surged to $22M in 2022. Overall, exports saw a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Soya Beans; Seed, Whether or Not Broken in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 16.0 | 15.6 | 4.3 | 12.3 | -8.4% |
| Czech Republic | 0.9 | 0.9 | 0.9 | 2.2 | 34.7% |
| Romania | 0.5 | 0.6 | 0.5 | 1.2 | 33.9% |
| France | 0.5 | 0.6 | 1.2 | 1.2 | 33.9% |
| Hungary | 1.9 | 0.6 | 1.1 | 0.8 | -25.0% |
| Canada | N/A | 0.1 | N/A | 0.7 | 164.6% |
| Slovakia | 0.7 | 0.5 | 1.6 | 0.7 | 0.0% |
| Finland | N/A | N/A | N/A | 0.6 | 0% |
| Slovenia | 0.2 | 0.2 | 0.3 | 0.4 | 26.0% |
| Others | 1.3 | 1.7 | 1.4 | 2.1 | 17.3% |
| Total | 21.9 | 20.9 | 11.3 | 22.2 | 0.5% |
Top Export Markets for Soya Beans; Seed, Whether or Not Broken from Austria in 2022:
- Germany (9.4K tons)
- Czech Republic (1.3K tons)
- Canada (0.9K tons)
- Romania (0.6K tons)
- France (0.6K tons)
- Finland (0.4K tons)
- Hungary (0.4K tons)
- Slovakia (0.3K tons)
- Slovenia (0.2K tons)
Imports of Soya Beans; Seed, Whether or Not Broken in Austria
In 2022, supplies from abroad of soya beans; seed, whether or not brokens increased by 157% to 6.2K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports posted a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of soya beans; seed, whether or not brokens skyrocketed to $6M in 2022. Overall, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Soya Beans; Seed, Whether or Not Broken in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 54.7 | 431 | 191 | 1,277 | 185.8% |
| Hungary | 334 | 535 | 603 | 1,003 | 44.3% |
| Slovakia | 89.7 | 344 | 73.9 | 832 | 110.1% |
| Germany | 503 | 427 | 218 | 788 | 16.1% |
| France | 314 | 332 | 302 | 763 | 34.4% |
| Slovenia | N/A | 354 | 162 | 649 | 35.4% |
| Poland | 54.2 | 161 | 376 | 358 | 87.6% |
| Croatia | 998 | 69.3 | 114 | 163 | -45.3% |
| Others | 83.1 | 187 | 234 | 195 | 32.9% |
| Total | 2,430 | 2,840 | 2,275 | 6,028 | 35.4% |
Top Suppliers of Soya Beans; Seed, Whether or Not Broken to Austria in 2022:
- Czech Republic (1604.5 tons)
- Hungary (1172.4 tons)
- Slovenia (1038.5 tons)
- Slovakia (946.4 tons)
- Germany (437.3 tons)
- France (426.9 tons)
- Poland (350.2 tons)
- Croatia (126.8 tons)
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This report provides an in-depth analysis of the soya bean market in Austria.
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This report provides an in-depth analysis of the global soya bean market.
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This report provides an in-depth analysis of the soya bean market in Austria.
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This report provides an in-depth analysis of the global soya bean market.
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