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

Contents:

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

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

In 2022, the average import price for soya beans; seed, whether or not brokens amounted to $24,162 per ton, with an increase of 694% against the previous year. Over the period under review, the import price enjoyed a buoyant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($34,024 per ton), while the price for Germany ($2,424 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+101.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for soya beans; seed, whether or not brokens amounted to $19,000 per ton, remaining stable against the previous year. Overall, the export price recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when the average export price decreased by 99.9% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2020 to 2022, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

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

Imports of soya beans; seed, whether or not brokens into Luxembourg surged to 1.2 tons in 2022, rising by 45% compared with the previous year. Over the period under review, imports, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 55% against the previous year.

In value terms, imports of soya beans; seed, whether or not brokens skyrocketed to $28K in 2022. Overall, imports saw 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 Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/AN/AN/A27.20%
Germany8.1N/A2.10.9-51.9%
Belgium0.10.3N/A0.10.0%
Austria0.71.3N/AN/A85.7%
France2.5N/A0.3N/A-65.4%
OthersN/AN/AN/AN/A0%
Total11.41.62.528.235.2%

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

  1. Spain (800.0 kg)
  2. Germany (361.0 kg)
  3. Belgium (5.0 kg)

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

In 2022, the amount of soya beans; seed, whether or not brokens exported from Luxembourg totaled 1 kg, stabilizing at the previous year's figure. Overall, exports showed a precipitous curtailment. The smallest decline of 99.9% was in 2021.

In value terms, exports of soya beans; seed, whether or not brokens amounted to $19 in 2022. Over the period under review, exports showed a precipitous curtailment. The smallest decline of 99.9% was in 2021.

Export of Soya Beans; Seed, Whether or Not Broken in Luxembourg (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
NetherlandsN/AN/AN/A0%
Oman10.5N/AN/A0%
OthersN/AN/AN/A0%
Total10.5N/AN/A0%

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

  1. Netherlands (1.0 kg)

Source: IndexBox Market Intelligence Platform

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