Price for Soya Beans; Seed, Whether or Not Broken in Colombia - 2022
Contents:
- Price for Soya Beans; Seed, Whether or Not Broken in Colombia (CIF) - 2022
- Price for Soya Beans; Seed, Whether or Not Broken in Colombia (FOB) - 2022
- Imports of Soya Beans; Seed, Whether or Not Broken in Colombia
- Exports of Soya Beans; Seed, Whether or Not Broken in Colombia
Price for Soya Beans; Seed, Whether or Not Broken in Colombia (CIF) - 2022
The average import price for soya beans; seed, whether or not brokens stood at $2,723 per ton in December 2021, therefore, remained relatively stable against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2021 when the average import price increased by 51% against the previous month. As a result, import price attained the peak level of $3,754 per ton. From November 2021 to December 2021, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Brazil.
From January 2021 to December 2021, the rate of growth in terms of prices for Brazil amounted to +0.9% per month.
Price for Soya Beans; Seed, Whether or Not Broken in Colombia (FOB) - 2022
In 2022, the average export price for soya beans; seed, whether or not brokens amounted to $1,659 per ton, jumping by 39% against the previous year. In general, the export price enjoyed a noticeable expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 131%. The export price peaked at $2,171 per ton in 2019; however, from 2020 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 Ecuador.
From 2012 to 2022, the rate of growth in terms of prices for Ecuador amounted to +1.6% per year.
Imports of Soya Beans; Seed, Whether or Not Broken in Colombia
In 2022, supplies from abroad of soya beans; seed, whether or not brokens decreased by -22.3% to 200 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 20,775%. As a result, imports reached the peak of 258 tons, and then contracted sharply in the following year.
In value terms, imports of soya beans; seed, whether or not brokens fell to $623K in 2022. Overall, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 16,403%. As a result, imports reached the peak of $703K, and then dropped in the following year.
| Import of Soya Beans; Seed, Whether or Not Broken in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 0.7 | 4.3 | 703 | 623 | 861.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.7 | 4.3 | 703 | 623 | 861.9% |
Top Suppliers of Soya Beans; Seed, Whether or Not Broken to Colombia in 2022:
- Brazil (200.2 tons)
Exports of Soya Beans; Seed, Whether or Not Broken in Colombia
In 2022, overseas shipments of soya beans; seed, whether or not brokens were finally on the rise to reach 5.8 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a dramatic curtailment.
In value terms, exports of soya beans; seed, whether or not brokens skyrocketed to $9.6K in 2022. Overall, exports, however, recorded a sharp decline.
| Export of Soya Beans; Seed, Whether or Not Broken in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 113 | 18.5 | 0.7 | 9.6 | -56.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 113 | 18.5 | 0.7 | 9.6 | -56.0% |
Top Export Markets for Soya Beans; Seed, Whether or Not Broken from Colombia in 2022:
- Ecuador (5.8 tons)
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This report provides an in-depth analysis of the soya bean market in Colombia.
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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 Colombia.
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This report provides an in-depth analysis of the global soya bean market.
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