Price for Soya Beans; Seed, Whether or Not Broken in Bolivia - 2023

Contents:

  1. Price for Soya Beans; Seed, Whether or Not Broken in Bolivia (CIF) - 2022
  2. Imports of Soya Beans; Seed, Whether or Not Broken in Bolivia

Price for Soya Beans; Seed, Whether or Not Broken in Bolivia (CIF) - 2022

In 2022, the average import price for soya beans; seed, whether or not brokens amounted to $533 per ton, reducing by -3.2% against the previous year. Overall, the import price recorded a pronounced decrease. The growth pace was the most rapid in 2016 an increase of 20% against the previous year. The import price peaked at $740 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Argentina.

From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to -3.2% per year.

Imports of Soya Beans; Seed, Whether or Not Broken in Bolivia

In 2022, purchases abroad of soya beans; seed, whether or not brokens decreased by -18.5% to 4.3K tons, falling for the second year in a row after two years of growth. Over the period under review, total imports indicated a perceptible increase from 2019 to 2022: its volume increased at an average annual rate of +3.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -28.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 54% against the previous year. As a result, imports attained the peak of 6K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of soya beans; seed, whether or not brokens contracted dramatically to $2.3M in 2022. The total import value increased at an average annual rate of +3.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 35% against the previous year.

Import of Soya Beans; Seed, Whether or Not Broken in Bolivia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina2.12.72.92.33.1%
OthersN/A0.1N/AN/A0%
Total2.12.82.92.33.1%

Top Suppliers of Soya Beans; Seed, Whether or Not Broken to Bolivia in 2022:

  1. Argentina (4.3K tons)

Source: IndexBox Market Intelligence Platform

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