United Arab Emirates - Soya Beans - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSoya Bean Price in the United Arab Emirates - 2021
Contents:
- Soya Bean Price in the United Arab Emirates (CIF) - 2022
- Soya Bean Price in the United Arab Emirates (FOB) - 2022
- Soya Bean Imports in the United Arab Emirates
- Soya Bean Exports in the United Arab Emirates
Soya Bean Price in the United Arab Emirates (CIF) - 2022
The average soya bean import price stood at $579 per ton in 2022, falling by -62.3% against the previous year. Overall, the import price, however, showed a mild increase. The pace of growth was the most pronounced in 2021 an increase of 122%. As a result, import price reached the peak level of $1,536 per ton, and then dropped remarkably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($866 per ton), while the price for Argentina ($508 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Soya Bean Price in the United Arab Emirates (FOB) - 2022
In 2022, the average soya bean export price amounted to $740 per ton, growing by 61% against the previous year. Overall, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, soya bean export price increased by +69.3% against 2019 indices. Over the period under review, the average export prices hit record highs at $756 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($937 per ton), while the average price for exports to Oman ($436 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 Myanmar (+98.5%), while the prices for the other major destinations experienced more modest paces of growth.
Soya Bean Imports in the United Arab Emirates
For the fourth year in a row, the United Arab Emirates recorded growth in purchases abroad of soya beans, which increased by 567% to 137K tons in 2022. Overall, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, soya bean imports surged to $79M in 2022. Over the period under review, imports enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 285% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
Import of Soya Bean in the United Arab Emirates (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | N/A | N/A | N/A | 49.3 | 0% |
Argentina | N/A | N/A | N/A | 24.6 | 0% |
Paraguay | N/A | N/A | N/A | 3.9 | 0% |
Ethiopia | 3.6 | 2.0 | 2.7 | 0.3 | -56.3% |
Malawi | 0.3 | 2.3 | 25.0 | N/A | 812.9% |
Ukraine | N/A | 2.8 | 1.2 | N/A | -57.1% |
Others | 2.6 | 1.0 | 2.6 | 1.2 | -22.7% |
Total | 6.5 | 8.2 | 31.5 | 79.2 | 130.1% |
Top Suppliers of Soya Bean to the United Arab Emirates in 2022:
- Brazil (79.1K tons)
- Argentina (48.3K tons)
- Paraguay (7.2K tons)
- Ethiopia (0.5K tons)
Soya Bean Exports in the United Arab Emirates
In 2022, shipments abroad of soya beans decreased by 99.9% to 144 tons, falling for the second year in a row after two years of growth. Overall, exports faced a precipitous descent. The most prominent rate of growth was recorded in 2020 with an increase of 249% against the previous year. As a result, the exports reached the peak of 462K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, soya bean exports contracted notably to $107K in 2022. Over the period under review, exports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 319% against the previous year. As a result, the exports reached the peak of $242M. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Soya Bean in the United Arab Emirates (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Yemen | N/A | N/A | N/A | 0.1 | 0% |
Togo | N/A | N/A | N/A | N/A | 0% |
India | 2.2 | 19.1 | 7.1 | N/A | 79.6% |
Oman | 0.1 | N/A | N/A | N/A | 0% |
Iran | 55.5 | 222 | 187 | N/A | 83.6% |
Qatar | N/A | N/A | N/A | N/A | 0% |
Others | N/A | 0.9 | N/A | N/A | 0% |
Total | 57.8 | 242 | 194 | 0.1 | -88.0% |
Top Export Markets for Soya Bean from the United Arab Emirates in 2022:
- Yemen (99.1 tons)
- Togo (17.0 tons)
- Oman (12.7 tons)
- Qatar (8.1 tons)
This report provides an in-depth analysis of the soya bean market in the United Arab Emirates. 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:
- United Arab Emirates
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the United Arab Emirates
- 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
This report provides an in-depth analysis of the soya bean market in the United Arab Emirates.
This report provides an in-depth analysis of the global soya bean market.
This report provides an in-depth analysis of the soya bean market in the United Arab Emirates.
This report provides an in-depth analysis of the global soya bean market.
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