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

Contents:

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

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

In 2022, the average import price for soya beans; seed, whether or not brokens amounted to $1,363 per ton, with a decrease of -8.5% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 31%. As a result, import price reached the peak level of $1,490 per ton, and then dropped in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Romania ($1,529 per ton), while the price for France ($1,173 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for soya beans; seed, whether or not brokens stood at $1,182 per ton in 2022, dropping by -10.6% against the previous year. Overall, the export price, however, posted temperate growth. The growth pace was the most rapid in 2021 an increase of 37% against the previous year. The export price peaked at $1,926 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($1,679 per ton), while the average price for exports to the Netherlands stood at $567 per ton.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+8.9%).

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

In 2022, the amount of soya beans; seed, whether or not brokens imported into Bulgaria declined significantly to 6.8 tons, with a decrease of -42.2% on 2021 figures. In general, imports showed a precipitous descent. The most prominent rate of growth was recorded in 2021 with an increase of 86% against the previous year.

In value terms, imports of soya beans; seed, whether or not brokens dropped remarkably to $9.3K in 2022. Over the period under review, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 144%. As a result, imports reached the peak of $18K, and then shrank significantly in the following year.

Import of Soya Beans; Seed, Whether or Not Broken in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RomaniaN/AN/A1.74.8182.4%
Serbia11.91.01.12.5-40.6%
France5.26.18.21.9-28.5%
AustriaN/AN/A6.6N/A0%
OthersN/AN/AN/AN/A0%
Total17.17.217.69.3-18.4%

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

  1. Romania (3.1 tons)
  2. Serbia (2.0 tons)
  3. France (1.7 tons)

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

In 2022, exports of soya beans; seed, whether or not brokens from Bulgaria soared to 2.7 tons, rising by 119% compared with 2021 figures. Over the period under review, exports showed a significant increase. As a result, the exports attained 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 $3.2K in 2022. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 178%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Soya Beans; Seed, Whether or Not Broken in Bulgaria (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania4525941,6522,09766.8%
NetherlandsN/AN/AN/A8210%
Italy332N/AN/AN/A0%
OthersN/AN/AN/A3160%
Total7845941,6523,23460.4%

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

  1. Netherlands (1449.0 kg)
  2. Romania (1249.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Global Soya Beans Market Expected to See Significant Growth with a CAGR of +3.5% to $278.3B by 2030
Apr 25, 2024
Eye 117

Global demand for soya beans is expected to continue increasing over the next seven years, with market performance forecasted to accelerate and reach 451M tons by 2030. The market value is projected to grow to $278.3B by 2030.

Best Import Markets for Soya Bean
Nov 10, 2023
Eye 309

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.

Lower Supply in South America to Raise Soybean Price Forecast in 2022
Feb 11, 2022
Eye 671

In 2021, the average annual soybean price soared by 43% y/y to $583 per ton. This year, soybean prices were expected to remain relatively stable, but shortages in supply are likely to spur their growth.  

Soybean Production in the U.S. and Brazil to Expand Robustly Driven by Rising Demand from China
Jun 7, 2021
Eye 695

The currently increasing demand for soybeans in biofuel production, animal feed and food products outpaced production growth, resulting in a significant hike in soya prices. Together with expectations of further price growth, it contributes to rising costs of many downstream products and accelerates food inflation. In China,  rebuilding pig herds after swine fever outbreaks emerges as a new driver for the global market. Those factors highlight soybeans as an attractive commodity to invest in, leading to robust expansion of crop acreage in the U.S. and Brazil. 

Global Soybean Market - China Drives Global Consumption Growth
Sep 18, 2018
Eye 3996

Global Soybean Market: Soybean is widely used both in animal feeding and human consumption, with soyfeed taking the larger part of consumption. For human consumption such products as soy oil, soy milk, soy flour, soy protein, tofu and many retail food

Which Country Consumes the Most Soya Beans in the World?
Feb 9, 2018
Eye 3720

Global soya bean consumption amounted to X thousand tons in 2015, stabilizing at the previous year level.

Which Countries Consume the Most Soya Beans?
Mar 2, 2017
Eye 13038

From 2008 to 2015, the global soya bean market was roller-coast in physical terms, showing an upward trend, overall. The last wave started from a local low point in 2012 at X million tons. Over the next two years, the market posted solid gains. How

Which Countries Produce the Most Soya Beans?
Feb 27, 2017
Eye 1463

Global production on the soya bean market was roller-coast over the period under review, rising with an annual growth rates at +X%. The most significant setback occurred in 2012 by X% Y-o-Y, and in the next two years production volume surged and reac

Which Countries Import the Most Soya Beans?
Feb 23, 2017
Eye 1484

The volume of total imports on the global soya bean market in 2015 stood at X million tons. There was an annual increase of +X% for the period from 2008 to 2015. In value terms, imports of soya beans dropped to X billion USD in 2015, which was X

Soya Bean Market - China Remains the Most Promising Market for Soybeans
Aug 15, 2016
Eye 2401

According to a recently published report by IndexBox Marketing, China is the largest consumer on the soy beanmarket in the world. At the same time, X% of China's total consumption in 2015 accounted for imports. In 2016, according to Oil World data, th

Free Data: Soya beans; seed, whether or not broken - Bulgaria