Price for Soya Beans; Seed, Whether or Not Broken in Nepal - 2022
Contents:
- Price for Soya Beans; Seed, Whether or Not Broken in Nepal (CIF) - 2022
- Imports of Soya Beans; Seed, Whether or Not Broken in Nepal
Price for Soya Beans; Seed, Whether or Not Broken in Nepal (CIF) - 2022
In 2022, the average import price for soya beans; seed, whether or not brokens amounted to $761 per ton, with an increase of 22% against the previous year. In general, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.4% 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 increased by +98.9% against 2017 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 23% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Tanzania ($862 per ton), while the price for India ($461 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 (+20.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Soya Beans; Seed, Whether or Not Broken in Nepal
In 2022, imports of soya beans; seed, whether or not brokens into Nepal fell markedly to 149 tons, with a decrease of -97.5% on 2021. Overall, imports showed a significant decline. The pace of growth was the most pronounced in 2021 when imports increased by 123%.
In value terms, imports of soya beans; seed, whether or not brokens reduced sharply to $113K in 2022. In general, imports recorded a sharp downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 176% against the previous year. As a result, imports reached the peak of $3.7M, and then declined dramatically in the following year.
Import of Soya Beans; Seed, Whether or Not Broken in Nepal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Tanzania | N/A | N/A | N/A | 82.7 | 0% |
China | 2.2 | 1.6 | 4.1 | 16.9 | 97.3% |
India | N/A | N/A | N/A | 13.9 | 0% |
United States | 598 | 827 | 2,268 | N/A | 94.7% |
Canada | 2,752 | 501 | 1,394 | N/A | -28.8% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 3,352 | 1,329 | 3,666 | 113 | -67.7% |
Top Suppliers of Soya Beans; Seed, Whether or Not Broken to Nepal in 2022:
- Tanzania (96.0 tons)
- India (30.1 tons)
- China (23.0 tons)
This report provides an in-depth analysis of the soya bean market in Nepal.
This report provides an in-depth analysis of the global soya bean market.
This report provides an in-depth analysis of the soya bean market in Nepal.
This report provides an in-depth analysis of the global soya bean market.
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