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

Contents:

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

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

The average import price for soya beans; seed, whether or not brokens stood at $1,712 per ton in 2022, approximately reflecting the previous year. Overall, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for soya beans; seed, whether or not brokens decreased by -6.1% against 2018 indices. The growth pace was the most rapid in 2017 when the average import price increased by 50%. The import price peaked at $1,824 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($8,385 per ton), while the price for Croatia ($585 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 (+19.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for soya beans; seed, whether or not brokens stood at $1,579 per ton in 2022, waning by -4.9% against the previous year. Overall, the export price, however, enjoyed a tangible increase. The growth pace was the most rapid in 2016 an increase of 69% against the previous year. As a result, the export price reached the peak level of $3,146 per ton. From 2017 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($2,914 per ton), while the average price for exports to Poland ($960 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 Romania (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the fourth consecutive year, Germany recorded growth in supplies from abroad of soya beans; seed, whether or not brokens, which increased by 64% to 5.2K tons in 2022. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of soya beans; seed, whether or not brokens soared to $8.8M in 2022. Over the period under review, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Soya Beans; Seed, Whether or Not Broken in Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria3,2954,1174,7006,47125.2%
France3714722551,29151.5%
Netherlands79.984.517832860.1%
Czech Republic222N/AN/A142-13.8%
Poland87.90.2N/A12412.2%
Hungary27.411346.387.247.1%
Croatia52.344.248.160.04.7%
Others58.997.119831675.1%
Total4,1944,9285,4258,82028.1%

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

  1. Austria (3503.3 tons)
  2. France (876.7 tons)
  3. Netherlands (308.7 tons)
  4. Poland (154.5 tons)
  5. Croatia (102.5 tons)
  6. Czech Republic (90.5 tons)
  7. Hungary (80.3 tons)

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

In 2022, the amount of soya beans; seed, whether or not brokens exported from Germany soared to 2K tons, growing by 150% compared with 2021 figures. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of soya beans; seed, whether or not brokens surged to $3.2M in 2022. In general, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Soya Beans; Seed, Whether or Not Broken in Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria48.9108348994172.9%
Slovakia29.423.6169443147.0%
France65.926425643587.6%
Poland5.220.235.4395323.5%
BelarusN/A49.2126228115.3%
Czech RepublicN/A1.628.0182966.5%
Hungary81.294.410613117.3%
Italy60.462.114913029.1%
RussiaN/A38.258.780.044.7%
Others73.744.064.216230.0%
Total3657061,3413,181105.8%

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

  1. Austria (653.6 tons)
  2. Poland (411.4 tons)
  3. Slovakia (264.6 tons)
  4. France (222.6 tons)
  5. Italy (117.5 tons)
  6. Belarus (100.1 tons)
  7. Czech Republic (95.1 tons)
  8. Hungary (54.7 tons)
  9. Russia (28.1 tons)

Source: IndexBox Market Intelligence Platform

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