Nepal - Soya Beans - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSoya Bean Price in Nepal - 2022
Contents:
- Soya Bean Price in Nepal (CIF) - 2022
- Soya Bean Price in Nepal (FOB) - 2022
- Soya Bean Imports in Nepal
- Soya Bean Exports in Nepal
Soya Bean Price in Nepal (CIF) - 2022
The average soya bean import price stood at $710 per ton in 2022, picking up by 14% against the previous year. In general, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, soya bean import price increased by +45.6% against 2018 indices. The pace of growth appeared the most rapid in 2021 an increase of 32% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($726 per ton), while the price for the United States ($705 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Soya Bean Price in Nepal (FOB) - 2022
In 2022, the average soya bean export price amounted to $1,917 per ton, declining by -6.5% against the previous year. Overall, the export price, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2016 an increase of 65%. The export price peaked at $2,051 per ton in 2021, and then contracted in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($3,631 per ton), while the average price for exports to the United Arab Emirates ($910 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+15.1%), while the prices for the other major destinations experienced more modest paces of growth.
Soya Bean Imports in Nepal
In 2022, purchases abroad of soya beans was finally on the rise to reach 136K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a noticeable descent.
In value terms, soya bean imports soared to $97M in 2022. Overall, imports enjoyed a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Soya Bean in Nepal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 58.3 | 39.5 | 23.8 | 78.8 | 10.6% |
| Canada | 7.9 | 3.9 | 6.2 | 14.6 | 22.7% |
| India | 0.8 | 0.7 | 0.9 | 1.9 | 33.4% |
| Brazil | 2.5 | 2.8 | 4.2 | N/A | 29.6% |
| Others | 2.2 | 1.0 | 14.7 | 1.2 | -18.3% |
| Total | 71.6 | 48.0 | 49.8 | 96.6 | 10.5% |
Top Suppliers of Soya Bean to Nepal in 2022:
- United States (111.8K tons)
- Canada (20.1K tons)
- India (2.7K tons)
Soya Bean Exports in Nepal
In 2022, after three years of growth, there was significant decline in shipments abroad of soya beans, when their volume decreased by -91.2% to 2.9 tons. Over the period under review, exports continue to indicate a sharp downturn. The growth pace was the most rapid in 2021 with an increase of 39%. As a result, the exports reached the peak of 33 tons, and then contracted notably in the following year.
In value terms, soya bean exports dropped rapidly to $5.5K in 2022. In general, exports saw a precipitous curtailment. The growth pace was the most rapid in 2021 with an increase of 70% against the previous year. As a result, the exports reached the peak of $68K, and then declined notably in the following year.
| Export of Soya Bean in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.2 | 7.0 | 16.7 | 2.2 | -24.9% |
| Canada | 0.4 | 0.3 | 0.1 | 1.7 | 62.0% |
| Australia | 1.7 | 2.1 | 4.2 | 1.4 | -6.3% |
| United Arab Emirates | N/A | N/A | N/A | 0.3 | 0% |
| Japan | 2.0 | 1.7 | 5.7 | N/A | 68.8% |
| United Kingdom | 14.9 | 25.9 | 28.4 | N/A | 38.1% |
| India | 1.2 | 0.2 | 1.0 | N/A | -8.7% |
| Others | 15.0 | 2.5 | 11.5 | N/A | -12.4% |
| Total | 40.4 | 39.7 | 67.5 | 5.5 | -48.6% |
Top Export Markets for Soya Bean from Nepal in 2022:
- United States (1540.0 kg)
- Canada (673.0 kg)
- Australia (374.0 kg)
- United Arab Emirates (300.0 kg)
This report provides an in-depth analysis of the soya bean market in Nepal. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 236 - Soybeans
Country coverage:
- Nepal
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Nepal
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the soya bean market in Nepal.
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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 Nepal.
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This report provides an in-depth analysis of the global soya bean market.
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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.
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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.
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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.
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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.
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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
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Global soya bean consumption amounted to X thousand tons in 2015, stabilizing at the previous year level.
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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
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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
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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
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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
