What is the price of soya beans per kilogram/pound in Australia today?
The retail price range for Australia soya beans is between US$ 1.45 and US$ 7.82 per kilogram or between US$ 0.66 and US$ 3.55 per pound(lb). Click here to see today's exact prices of soya beans in Australia
The retail price range in Australian Dollar for soya beans is between AUD 2.18 and AUD 11.76 per kilogram or between AUD 0.99 and AUD 5.33 per pound(lb) in Canberra and Melbourne.
Wholesale prices
In 2024, the approximate wholesale price range for Australia soya beans is between US$ 1.01 and US$ 5.47 per kilogram or between US$ 0.46 and US$ 2.48 per pound(lb).
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Australia Soya Beans Export Prices - Historical, Trends and Prediction
The export price per kilogram of Soya Beans from Australia over the last five years has been relatively stable. In 2017, the price was 0.73 US $ per kg, followed by 0.77 US $ per kg in 2018. In 2019, the price dropped to 0.68 US $ per kg, before increasing to 0.91 US $ per kg in 2020. The price then decreased to 0.8 US $ per kg in 2021 and 0.81 US $ per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Soya Beans from Australia in 2023 will be around 0.81 US $ per kg and in 2024 will be around 0.82 US $ per kg.The soya beans exports from Australia are categorised as:
- Soya beans, whether or not broken (excluding seed for sowing) (HS code 120190)
- Soya bean seed, for sowing (HS code 120110)
- Soya beans, whether or not broken (HS code 120100)
Australia Soya Beans Import Prices - Historical, Trends and Prediction
The import price per kilogram of Soya Beans into Australia over the last five years has been relatively stable. In 2017, the price was $0.73, followed by $0.77 in 2018, $0.68 in 2019, $0.91 in 2020, and $0.80 in 2021. This indicates that the price has been fluctuating slightly, but overall has remained relatively consistent. Looking ahead, it is likely that the import price per kilogram of Soya Beans into Australia will remain around the same level in the next two years, with an estimated price of $0.81 in 2022 and $0.81 in 2023.Export values for Australia soya beans
The total values in export for soya beans in Australia were US$ 3,395, US$ 2,714, US$ 2,338 and US$ 1,158 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Cereals/Grains category in Australia: Wheat, Rye, Barley, Oats, Maize, Rice, Sorghum, Buckwheet, Millet & Canary seed.
See prices of soya beans in other countries across Oceania: Fiji soya beans, French Polynesia soya beans, Guam soya beans, Micronesia soya beans, New Caledonia soya beans, Papua New Guinea soya beans, Samoa soya beans, Solomon Islands soya beans, Tonga soya beans & Vanuatu soya beans.
Australia soya beans - Production, Exports, Imports, Seasons and HS Codes
The amount of soya beans exported by Australia in 2020 was 1,038 tons. In 2019 Australia sold 1,692 tonnes of soya beans. Across 2019 alone, the interest in Australia soya beans (cereals/grains category) has decreased, recording a change of -44.415 % compared to the year 2018. Between 2017 and 2019, soya beans' exports decreased by -54.55 pc bringing Australia US$1.16m for the year 2019. Australia's soya beans exports are classified as:
- Soya beans, whether or not broken (excluding seed for sowing) (HS code 120190)
- Soya bean seed, for sowing (HS code 120110)
- Soya beans, whether or not broken (HS code 120100)
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Australia soya beans export values
In 2019, Australia exported soya beans costing 1.16m USD, a contraction of -50.38% from 2018's total soya beans export of 2.338m USD. The yearly reduction in value of Australia soya beans between 2017 to 2018 was -13.854 percent.
The annual change in the amount of Australia's soya beans exports between 2017 and 2019 was -54.55% in comparison to a variation of -44.415% in the period between 2018 and 2019.
Australia's stake of the world's total soya beans' exports in 2019 was less than 1%. Australia holds position 43 in world exports of soya beans.
Export markets for Australia soya beans ( in '000$ )
Australia's best performing export markets for soya beans are South Korea, New Zealand, Solomon Islands, New Caledonia and Fiji.
Import/Export Trends
Australia is a net importer of soya beans. The annual growth of Australia soya beans in value between 2015 to 2019 was -36%, per annum, while annual growth in quantity was %, per annum.
Australia procured 4,136 tonnes of soya beans in 2019.
Production
The production of soya beans in Australia was 45,408 tonnes in 2019 and is forecast to change by an average of -47.63%. The country had an estimated 40,191.00 hectares under soya beans cultivation.