Price for Soya Beans; Seed, Whether or Not Broken in Denmark - 2023
Contents:
- Price for Soya Beans; Seed, Whether or Not Broken in Denmark (FOB) - 2022
- Price for Soya Beans; Seed, Whether or Not Broken in Denmark (CIF) - 2022
- Exports of Soya Beans; Seed, Whether or Not Broken in Denmark
- Imports of Soya Beans; Seed, Whether or Not Broken in Denmark
Price for Soya Beans; Seed, Whether or Not Broken in Denmark (FOB) - 2022
The average export price for soya beans; seed, whether or not brokens stood at $5,089 per ton in 2022, almost unchanged from the previous year. In general, the export price faced a precipitous decrease. The most prominent rate of growth was recorded in 2020 when the average export price increased by 194% against the previous year. The export price peaked at $89,833 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Sweden.
From 2012 to 2022, the rate of growth in terms of prices for Norway amounted to -6.8% per year.
Price for Soya Beans; Seed, Whether or Not Broken in Denmark (CIF) - 2022
In 2022, the average import price for soya beans; seed, whether or not brokens amounted to $18,082 per ton, increasing by 536% against the previous year. Overall, the import price saw a significant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Belgium ($24,217 per ton), while the price for Austria ($1,294 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+32.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Soya Beans; Seed, Whether or Not Broken in Denmark
In 2022, overseas shipments of soya beans; seed, whether or not brokens decreased by 0% to 6.1 tons, falling for the second year in a row after two years of growth. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 649%. As a result, the exports reached the peak of 8.5 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of soya beans; seed, whether or not brokens stood at $31K in 2022. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 2,104% against the previous year. As a result, the exports attained the peak of $32K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Soya Beans; Seed, Whether or Not Broken in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | N/A | N/A | N/A | 31.2 | 0% |
| Germany | 1.5 | N/A | N/A | N/A | 0% |
| Iceland | N/A | 32.1 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.5 | 32.1 | N/A | 31.2 | 175.0% |
Top Export Markets for Soya Beans; Seed, Whether or Not Broken from Denmark in 2022:
- Sweden (6.1 tons)
Imports of Soya Beans; Seed, Whether or Not Broken in Denmark
In 2022, supplies from abroad of soya beans; seed, whether or not brokens decreased by -4% to 863 kg, falling for the second year in a row after two years of growth. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 35,350% against the previous year. As a result, imports reached the peak of 7.1 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of soya beans; seed, whether or not brokens skyrocketed to $16K in 2022. In general, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 118,430% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Soya Beans; Seed, Whether or Not Broken in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | N/A | N/A | N/A | 15.0 | 0% |
| Italy | N/A | N/A | N/A | 0.2 | 0% |
| Germany | N/A | N/A | N/A | 0.2 | 0% |
| Austria | N/A | 11.8 | N/A | 0.1 | -90.8% |
| India | N/A | N/A | 2.6 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | N/A | 11.9 | 2.6 | 15.6 | 14.5% |
Top Suppliers of Soya Beans; Seed, Whether or Not Broken to Denmark in 2022:
- Belgium (621.0 kg)
- Austria (85.0 kg)
- Germany (80.0 kg)
- Italy (66.0 kg)
- India (1.0 kg)
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This report provides an in-depth analysis of the soya bean market in Denmark.
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This report provides an in-depth analysis of the global soya bean market.
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This report provides an in-depth analysis of the soya bean market in Denmark.
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