Price for Soya Beans; Seed, Whether or Not Broken in the United Arab Emirates - 2022
Contents:
- Price for Soya Beans; Seed, Whether or Not Broken in the United Arab Emirates (CIF) - 2022
- Price for Soya Beans; Seed, Whether or Not Broken in the United Arab Emirates (FOB) - 2022
- Imports of Soya Beans; Seed, Whether or Not Broken in the United Arab Emirates
- Exports of Soya Beans; Seed, Whether or Not Broken in the United Arab Emirates
Price for Soya Beans; Seed, Whether or Not Broken in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for soya beans; seed, whether or not brokens amounted to $940 per ton, picking up by 12% against the previous year. In general, the import price recorded buoyant growth. The pace of growth appeared the most rapid in 2017 when the average import price increased by 120%. The import price peaked at $1,702 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($1,000 per ton), while the price for Australia ($377 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malawi (+18.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Soya Beans; Seed, Whether or Not Broken in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for soya beans; seed, whether or not brokens amounted to $710 per ton, falling by -39.6% against the previous year. Overall, the export price showed a deep downturn. The most prominent rate of growth was recorded in 2020 an increase of 67%. As a result, the export price reached the peak level of $2,580 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahrain ($3,812 per ton), while the average price for exports to Yemen ($674 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 Bahrain (+9.0%), while the prices for the other major destinations experienced a decline.
Imports of Soya Beans; Seed, Whether or Not Broken in the United Arab Emirates
In 2022, after three years of growth, there was significant decline in overseas purchases of soya beans; seed, whether or not brokens, when their volume decreased by -90% to 136 tons. In general, imports saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 68% against the previous year.
In value terms, imports of soya beans; seed, whether or not brokens fell dramatically to $128K in 2022. Overall, imports continue to indicate a sharp descent. The pace of growth appeared the most rapid in 2020 with an increase of 58%.
| Import of Soya Beans; Seed, Whether or Not Broken in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 58.6 | 57.5 | 45.5 | 105 | 21.5% |
| Canada | 25.2 | 77.9 | 21.3 | 18.8 | -9.3% |
| Australia | N/A | N/A | N/A | 3.8 | 0% |
| Malawi | 249 | 285 | N/A | N/A | 14.5% |
| Nigeria | 45.7 | 215 | 349 | N/A | 176.3% |
| Ethiopia | 48.9 | 26.5 | 32.8 | N/A | -18.1% |
| United States | 6.4 | 79.8 | 0.5 | N/A | -72.0% |
| Zambia | N/A | N/A | 670 | N/A | 0% |
| Others | 66.1 | 46.8 | 30.9 | N/A | -31.6% |
| Total | 500 | 788 | 1,150 | 128 | -36.5% |
Top Suppliers of Soya Beans; Seed, Whether or Not Broken to the United Arab Emirates in 2022:
- India (105.3 tons)
- Canada (20.6 tons)
- Australia (10.1 tons)
Exports of Soya Beans; Seed, Whether or Not Broken in the United Arab Emirates
In 2022, exports of soya beans; seed, whether or not brokens from the United Arab Emirates soared to 98 tons, rising by 2,224% against the year before. Over the period under review, exports enjoyed 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 $69K in 2022. Overall, exports continue to indicate a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Soya Beans; Seed, Whether or Not Broken in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Yemen | 10.7 | 0.2 | 0.3 | 64.8 | 82.3% |
| Bahrain | 16.0 | 0.6 | 0.6 | 1.9 | -50.8% |
| Kuwait | 17.8 | 0.6 | 0.5 | 1.5 | -56.2% |
| Oman | 3.9 | 0.1 | 3.2 | N/A | -9.4% |
| Others | 3.8 | 5.5 | 0.2 | 1.2 | -31.9% |
| Total | 52.2 | 6.9 | 4.9 | 69.4 | 10.0% |
Top Export Markets for Soya Beans; Seed, Whether or Not Broken from the United Arab Emirates in 2022:
- Yemen (96.1 tons)
- Kuwait (0.6 tons)
- Bahrain (0.5 tons)
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