Price for Soya Beans; Seed, Whether or Not Broken in Kuwait - 2022
Contents:
- Price for Soya Beans; Seed, Whether or Not Broken in Kuwait (CIF) - 2022
- Imports of Soya Beans; Seed, Whether or Not Broken in Kuwait
Price for Soya Beans; Seed, Whether or Not Broken in Kuwait (CIF) - 2022
In 2022, the average import price for soya beans; seed, whether or not brokens amounted to $1,273 per ton, reducing by -36.2% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by 57% against the previous year. Over the period under review, average import prices hit record highs at $1,996 per ton in 2021, and then contracted significantly in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,274 per ton), while the price for Slovakia ($1,273 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by India (+12.4%).
Imports of Soya Beans; Seed, Whether or Not Broken in Kuwait
In 2022, after three years of growth, there was significant decline in supplies from abroad of soya beans; seed, whether or not brokens, when their volume decreased by -53.4% to 4.7 tons. Overall, imports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 86% against the previous year. As a result, imports attained the peak of 10 tons, and then shrank significantly in the following year.
In value terms, imports of soya beans; seed, whether or not brokens declined remarkably to $6K in 2022. Over the period under review, imports, however, saw buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of 130% against the previous year.
| Import of Soya Beans; Seed, Whether or Not Broken in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 3.2 | 3.6 | 9.2 | 2.2 | -11.7% |
| Slovakia | N/A | N/A | N/A | 2.2 | 0% |
| China | 0.1 | 0.1 | 0.1 | 1.6 | 152.0% |
| United Arab Emirates | 0.4 | 5.2 | 4.0 | N/A | 216.2% |
| Others | 0.4 | 0.3 | 6.8 | N/A | 312.3% |
| Total | 4.0 | 9.3 | 20.2 | 6.0 | 14.5% |
Top Suppliers of Soya Beans; Seed, Whether or Not Broken to Kuwait in 2022:
- Slovakia (1.7 tons)
- India (1.7 tons)
- China (1.3 tons)
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This report provides an in-depth analysis of the soya bean market in Kuwait.
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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 Kuwait.
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This report provides an in-depth analysis of the global soya bean market.
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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.
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