Price for Soya Beans; Seed, Whether or Not Broken in Lithuania - 2023
Contents:
- Price for Soya Beans; Seed, Whether or Not Broken in Lithuania (CIF) - 2022
- Price for Soya Beans; Seed, Whether or Not Broken in Lithuania (FOB) - 2022
- Imports of Soya Beans; Seed, Whether or Not Broken in Lithuania
- Exports of Soya Beans; Seed, Whether or Not Broken in Lithuania
Price for Soya Beans; Seed, Whether or Not Broken in Lithuania (CIF) - 2022
In 2022, the average import price for soya beans; seed, whether or not brokens amounted to $2,513 per ton, with an increase of 30% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 95% against the previous year. Over the period under review, average import prices attained the peak figure at $2,557 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($4,409 per ton), while the price for Poland ($1,426 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (-0.3%), while the prices for the other major suppliers experienced a decline.
Price for Soya Beans; Seed, Whether or Not Broken in Lithuania (FOB) - 2022
The average export price for soya beans; seed, whether or not brokens stood at $4,164 per ton in 2022, jumping by 259% against the previous year. Overall, the export price saw a resilient expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($4,178 per ton), while the average price for exports to Latvia amounted to $1,160 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+1.1%), while the prices for the other major destinations experienced a decline.
Imports of Soya Beans; Seed, Whether or Not Broken in Lithuania
Imports of soya beans; seed, whether or not brokens into Lithuania skyrocketed to 231 tons in 2022, jumping by 35% against the year before. The total import volume increased at an average annual rate of +4.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 skyrocketed to $580K in 2022. In general, imports continue to indicate a significant increase. 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 Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 268 | 351 | 311 | 388 | 13.1% |
| France | N/A | N/A | N/A | 173 | 0% |
| Poland | 1.3 | 38.4 | 13.7 | 18.9 | 144.1% |
| Others | 7.8 | 0.6 | 4.1 | N/A | -27.5% |
| Total | 278 | 390 | 329 | 580 | 27.8% |
Top Suppliers of Soya Beans; Seed, Whether or Not Broken to Lithuania in 2022:
- Austria (178.2 tons)
- France (39.3 tons)
- Poland (13.3 tons)
Exports of Soya Beans; Seed, Whether or Not Broken in Lithuania
In 2022, the amount of soya beans; seed, whether or not brokens exported from Lithuania skyrocketed to 42 tons, growing by 1,262% against 2021 figures. Overall, exports saw a significant increase. 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 $174K in 2022. Over the period under review, exports enjoyed a significant increase. 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 Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 8.0 | 0.2 | N/A | 173 | 178.6% |
| Latvia | N/A | 1.1 | 3.6 | 0.2 | -57.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 8.0 | 1.3 | 3.6 | 174 | 179.1% |
Top Export Markets for Soya Beans; Seed, Whether or Not Broken from Lithuania in 2022:
- Russia (41.5 tons)
- Latvia (0.2 tons)
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This report provides an in-depth analysis of the soya bean market in Lithuania.
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This report provides an in-depth analysis of the global soya bean market.
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