Price for Soya Beans; Seed, Whether or Not Broken in Azerbaijan - 2023
Contents:
- Price for Soya Beans; Seed, Whether or Not Broken in Azerbaijan (CIF) - 2022
- Imports of Soya Beans; Seed, Whether or Not Broken in Azerbaijan
Price for Soya Beans; Seed, Whether or Not Broken in Azerbaijan (CIF) - 2022
The average import price for soya beans; seed, whether or not brokens stood at $1,985 per ton in 2022, increasing by 3.9% against the previous year. Overall, the import price enjoyed a strong increase. The most prominent rate of growth was recorded in 2015 when the average import price increased by 48%. As a result, import price reached the peak level of $2,180 per ton. From 2016 to 2022, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ukraine ($2,317 per ton), while the price for Turkey ($1,848 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+16.0%), while the prices for the other major suppliers experienced a decline.
Imports of Soya Beans; Seed, Whether or Not Broken in Azerbaijan
After three years of growth, purchases abroad of soya beans; seed, whether or not brokens decreased by -4.5% to 231 tons in 2022. Over the period under review, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 88%. As a result, imports reached the peak of 242 tons, and then contracted in the following year.
In value terms, imports of soya beans; seed, whether or not brokens fell slightly to $458K in 2022. In general, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 105% against the previous year. As a result, imports attained the peak of $462K, leveling off in the following year.
| Import of Soya Beans; Seed, Whether or Not Broken in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 180 | 187 | 350 | 300 | 18.6% |
| Ukraine | N/A | 14.2 | 73.6 | 134 | 207.2% |
| Austria | N/A | 23.6 | 37.8 | 24.4 | 1.7% |
| Russia | 15.3 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.9 | N/A | N/A | 0% |
| Total | 195 | 225 | 462 | 458 | 32.9% |
Top Suppliers of Soya Beans; Seed, Whether or Not Broken to Azerbaijan in 2022:
- Turkey (162.1 tons)
- Ukraine (58.0 tons)
- Austria (10.8 tons)
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This report provides an in-depth analysis of the soya bean market in Azerbaijan.
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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 Azerbaijan.
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This report provides an in-depth analysis of the global soya bean market.
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