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

Contents:

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

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

In 2022, the average import price for soya beans; seed, whether or not brokens amounted to $4,100 per ton, growing by 2.6% against the previous year. Over the period under review, the import price saw a resilient increase. The pace of growth was the most pronounced in 2017 an increase of 137% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +13.3% per year.

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

In 2022, the average export price for soya beans; seed, whether or not brokens amounted to $15,861 per ton, surging by 28% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 744%. The export price peaked at $16,566 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($18,285 per ton), while the average price for exports to Italy ($11,019 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 France (+24.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of soya beans; seed, whether or not brokens into Japan soared to 24 tons in 2022, picking up by 60% against 2021 figures. Over the period under review, 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 surged to $98K in 2022. Overall, imports enjoyed a significant expansion. 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 Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China41.444.560.098.433.5%
Chile7.8N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total49.144.560.098.426.1%

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

  1. China (24.0 tons)

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

For the third consecutive year, Japan recorded decline in shipments abroad of soya beans; seed, whether or not brokens, which decreased by -64.5% to 3.5 tons in 2022. Over the period under review, exports saw a dramatic slump. The smallest decline of -25.4% was in 2020.

In value terms, exports of soya beans; seed, whether or not brokens shrank rapidly to $56K in 2022. In general, exports faced a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 457%.

Export of Soya Beans; Seed, Whether or Not Broken in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany13.8N/A67.536.638.4%
Italy183N/AN/A11.0-60.8%
France3.37.311.22.7-6.5%
NetherlandsN/AN/AN/A2.10%
United States2.610.545.02.0-8.4%
CanadaN/AN/AN/A1.90%
PhilippinesN/A4.0N/AN/A0%
OthersN/A0.4N/AN/A0%
Total20322.212456.2-34.8%

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

  1. Germany (2000.0 kg)
  2. Italy (1000.0 kg)
  3. France (171.0 kg)
  4. Netherlands (133.0 kg)
  5. United States (123.0 kg)
  6. Canada (118.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Japan's July 2023 Soya Bean Import Sees Astonishing 13% Surge, Reaching $197M
Oct 9, 2023
Eye 311

In terms of value, imports of Soya Bean reached $197 million in July 2023.

Global Soya Beans Market Expected to See Significant Growth with a CAGR of +3.5% to $278.3B by 2030
Apr 25, 2024
Eye 101

Global demand for soya beans is expected to continue increasing over the next seven years, with market performance forecasted to accelerate and reach 451M tons by 2030. The market value is projected to grow to $278.3B by 2030.

Best Import Markets for Soya Bean
Nov 10, 2023
Eye 288

Explore the top import markets for Soya Bean, including China, Mexico, Japan, and more. Learn about their import values and key statistics in the global Soya Bean market.

Lower Supply in South America to Raise Soybean Price Forecast in 2022
Feb 11, 2022
Eye 653

In 2021, the average annual soybean price soared by 43% y/y to $583 per ton. This year, soybean prices were expected to remain relatively stable, but shortages in supply are likely to spur their growth.  

Soybean Production in the U.S. and Brazil to Expand Robustly Driven by Rising Demand from China
Jun 7, 2021
Eye 668

The currently increasing demand for soybeans in biofuel production, animal feed and food products outpaced production growth, resulting in a significant hike in soya prices. Together with expectations of further price growth, it contributes to rising costs of many downstream products and accelerates food inflation. In China,  rebuilding pig herds after swine fever outbreaks emerges as a new driver for the global market. Those factors highlight soybeans as an attractive commodity to invest in, leading to robust expansion of crop acreage in the U.S. and Brazil. 

Global Soybean Market - China Drives Global Consumption Growth
Sep 18, 2018
Eye 3977

Global Soybean Market: Soybean is widely used both in animal feeding and human consumption, with soyfeed taking the larger part of consumption. For human consumption such products as soy oil, soy milk, soy flour, soy protein, tofu and many retail food

Which Country Consumes the Most Soya Beans in the World?
Feb 9, 2018
Eye 3679

Global soya bean consumption amounted to X thousand tons in 2015, stabilizing at the previous year level.

Which Countries Consume the Most Soya Beans?
Mar 2, 2017
Eye 12993

From 2008 to 2015, the global soya bean market was roller-coast in physical terms, showing an upward trend, overall. The last wave started from a local low point in 2012 at X million tons. Over the next two years, the market posted solid gains. How

Which Countries Produce the Most Soya Beans?
Feb 27, 2017
Eye 1444

Global production on the soya bean market was roller-coast over the period under review, rising with an annual growth rates at +X%. The most significant setback occurred in 2012 by X% Y-o-Y, and in the next two years production volume surged and reac

Which Countries Import the Most Soya Beans?
Feb 23, 2017
Eye 1460

The volume of total imports on the global soya bean market in 2015 stood at X million tons. There was an annual increase of +X% for the period from 2008 to 2015. In value terms, imports of soya beans dropped to X billion USD in 2015, which was X

Free Data: Soya beans; seed, whether or not broken - Japan