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

Contents:

  1. Price for Soya Beans; Seed, Whether or Not Broken in Chile (FOB) - 2022
  2. Price for Soya Beans; Seed, Whether or Not Broken in Chile (CIF) - 2022
  3. Exports of Soya Beans; Seed, Whether or Not Broken in Chile
  4. Imports of Soya Beans; Seed, Whether or Not Broken in Chile

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

In 2022, the average export price for soya beans; seed, whether or not brokens amounted to $2,137 per ton, remaining constant against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 35%. As a result, the export price reached the peak level of $3,012 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($10,327 per ton), while the average price for exports to the United States ($1,990 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+14.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for soya beans; seed, whether or not brokens stood at $5,872 per ton in 2022, growing by 3.4% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 33% against the previous year. As a result, import price attained the peak level of $6,027 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($9,959 per ton), while the price for New Zealand ($1,747 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Soya Beans; Seed, Whether or Not Broken in Chile

In 2022, overseas shipments of soya beans; seed, whether or not brokens decreased by -49.7% to 3.5K tons, falling for the second year in a row after two years of growth. Overall, exports faced a deep contraction. The pace of growth was the most pronounced in 2020 when exports increased by 50% against the previous year. As a result, the exports attained the peak of 7.7K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of soya beans; seed, whether or not brokens reduced markedly to $7.6M in 2022. In general, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 51%. As a result, the exports attained the peak of $15M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Soya Beans; Seed, Whether or Not Broken in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States8.714.814.16.3-10.2%
Canada0.3N/A0.20.518.6%
FranceN/AN/A0.10.4300.0%
Netherlands1.00.40.40.3-33.1%
Others0.1N/AN/A0.10.0%
Total10.115.214.97.6-9.0%

Top Export Markets for Soya Beans; Seed, Whether or Not Broken from Chile in 2022:

  1. United States (3150.1 tons)
  2. Canada (206.3 tons)
  3. France (150.2 tons)
  4. Netherlands (33.7 tons)

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

In 2022, supplies from abroad of soya beans; seed, whether or not brokens increased by 9.1% to 94 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a precipitous shrinkage.

In value terms, imports of soya beans; seed, whether or not brokens rose remarkably to $550K in 2022. Overall, imports, however, recorded a abrupt decrease.

Import of Soya Beans; Seed, Whether or Not Broken in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States824689420459-17.7%
New ZealandN/AN/AN/A34.90%
Canada39.364.842.424.9-14.1%
Netherlands10.47.82.523.130.5%
Others5.64.723.38.113.1%
Total879766488550-14.5%

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

  1. United States (68.1 tons)
  2. New Zealand (20.0 tons)
  3. Netherlands (2.6 tons)
  4. Canada (2.5 tons)

Source: IndexBox Market Intelligence Platform

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