Price for Soya Beans; Other than Seed, Whether or Not Broken in Pakistan - 2023

Contents:

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

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

In 2022, the average import price for soya beans; other than seed, whether or not brokens amounted to $805 per ton, waning by -67.1% against the previous year. In general, the import price continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2020 when the average import price increased by 61%. The import price peaked at $4,027 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($808 per ton), while the price for the United States amounted to $797 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.2%).

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

The average export price for soya beans; other than seed, whether or not brokens stood at $445 per ton in 2022, dropping by -27.7% against the previous year. Over the period under review, the export price faced a deep reduction. The pace of growth appeared the most rapid in 2019 an increase of 159%. The export price peaked at $1,467 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Afghanistan ($445 per ton), while the average price for exports to Kazakhstan stood at $440 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+21.1%).

Imports of Soya Beans; Other than Seed, Whether or Not Broken in Pakistan

After two years of decline, purchases abroad of soya beans; other than seed, whether or not brokens increased by 29,757,297% to 23K tons in 2022. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of soya beans; other than seed, whether or not brokens surged to $19M in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Soya Beans; Other than Seed, Whether or Not Broken in Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
BrazilN/AN/AN/A14.00%
United StatesN/AN/AN/A4.70%
OthersN/AN/AN/AN/A0%
TotalN/AN/AN/A18.70%

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

  1. Brazil (17.3K tons)
  2. United States (5.9K tons)

Exports of Soya Beans; Other than Seed, Whether or Not Broken in Pakistan

Exports of soya beans; other than seed, whether or not brokens from Pakistan declined rapidly to 9.4 tons in 2022, which is down by -97.2% on the year before. Overall, exports recorded a precipitous shrinkage. The growth pace was the most rapid in 2021 with an increase of 2,333%. As a result, the exports reached the peak of 336 tons, and then contracted remarkably in the following year.

In value terms, exports of soya beans; other than seed, whether or not brokens dropped dramatically to $4.2K in 2022. Over the period under review, exports saw a dramatic downturn. The pace of growth was the most pronounced in 2021 with an increase of 1,983%. As a result, the exports reached the peak of $206K, and then dropped significantly in the following year.

Export of Soya Beans; Other than Seed, Whether or Not Broken in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Afghanistan77.29.916.64.1-62.4%
KazakhstanN/AN/AN/A0.10%
OmanN/AN/A188N/A0%
United Arab Emirates20.3N/AN/AN/A0%
Others3.8N/A1.8N/A-31.2%
Total1019.92064.2-65.4%

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

  1. Afghanistan (9.2 tons)
  2. Kazakhstan (0.3 tons)

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 125

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 317

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 676

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 701

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 4002

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 3731

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 13046

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 1469

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 1490

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 2406

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; other than seed, whether or not broken - Pakistan