What is the price of soya beans per kilogram/pound in China today?
The retail price range for China soya beans is between US$ 10.03 and US$ 13.52 per kilogram or between US$ 4.55 and US$ 6.13 per pound(lb). Click here to see today's exact prices of soya beans in China
The retail price range in Yuan Renminbi for soya beans is between CNY 70.33 and CNY 94.79 per kilogram or between CNY 31.90 and CNY 42.99 per pound(lb) in Beijing and Shanghai.
Wholesale prices
In 2024, the approximate wholesale price range for China soya beans is between US$ 7.02 and US$ 9.46 per kilogram or between US$ 3.18 and US$ 4.29 per pound(lb).
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China Soya Beans Export Prices - Historical, Trends and Prediction
The export price per kilogram of Soya Beans from China over the last five years has seen a steady decline. In 2017, the price was 0.81 US $ per kg, followed by 0.75 US $ per kg in 2018. In 2019, the price increased slightly to 0.81 US $ per kg, before rising to 0.90 US $ per kg in 2020. The price then jumped to 1.16 US $ per kg in 2021 and 1.17 US $ per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Soya Beans from China in 2023 will be 1.09 US $ per kg and in 2024 will be 1.02 US $ per kg.The China soya beans exports are classified as:
- Soya beans, whether or not broken (HS code 120100)
- Soya beans, whether or not broken (excluding seed for sowing) (HS code 120190)
- Soya bean seed, for sowing (HS code 120110)
China Soya Beans Import Prices - Historical, Trends and Prediction
The import price per kilogram of Soya Beans into China over the last five years has been relatively stable. In 2017, the price was 0.81 US $ per kg, followed by a slight decrease to 0.75 US $ per kg in 2018. In 2019, the price increased to 0.81 US $ per kg, and then rose further to 0.90 US $ per kg in 2020. The highest price was recorded in 2021, at 1.16 US $ per kg, before dropping slightly to 1.17 US $ per kg in 2022. Based on this trend, it is predicted that the import price per kilogram of Soya Beans into China in 2023 will be around 1.17 US $ per kg, and in 2024 will be around 1.16 US $ per kg.Export values for China soya beans
The total values in export for soya beans in China were US$ 1,735,360, US$ 1,458,560, US$ 1,600,320 and US$ 1,476,384 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 China: Wheat, Rye, Barley, Oats, Maize, Rice, Sorghum, Buckwheet, Millet & Canary seed.
See prices of soya beans in other countries across Asia: Kazakhstan soya beans, Kyrgyzstan soya beans, Tajikistan soya beans, Turkmenistan soya beans, Uzbekistan soya beans, China soya beans, Hong Kong soya beans, Macao soya beans, North Korea soya beans & Mongolia soya beans.
China soya beans - Production, Exports, Imports, Seasons and HS Codes
In 2019 China sold 1,831,360 tonnes of soya beans. In 2019 alone, the interest in China soya beans (cereals/grains category) has shrunk, recording a change of -14.523 percent compared to the year 2018. Between 2017 and 2019, soya beans' exports increased by 2.03% bringing China US$1,476.38m for the year 2019. China's soya beans exports are classified as:
- Soya beans, whether or not broken (excluding seed for sowing) (HS code 120190)
- Soya beans, whether or not broken (HS code 120100)
- Soya bean seed, for sowing (HS code 120110)
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China soya beans export values
In 2019, China supplied soya beans worth 1,476.38m USD, a drop of -7.74% from 2018's total soya beans export of 1600.32m USD. The yearly reduction in value of China soya beans between 2017 to 2018 was 9.719%.
The yearly change in the amount of China's soya beans exports between 2017 and 2019 was 2.03% when compared to a variation of -14.523% in the growth rate between 2018 and 2019.
China's stake of the world's total soya beans' exports in 2019 was 3.3 per cent. The country is ranked number 4 in world exports of soya beans.
Export markets for China soya beans ( in '000$ )
China's best performing export markets for soya beans are Venezuela, South Korea, Japan, the Netherlands and Ecuador.
Import/Export Trends
China is a net exporter of soya beans. The annual growth of China soya beans in value between 2015 to 2019 was -15%, per annum, while annual growth in quantity for the same period was -17%, per annum.
China purchased 1,417,373,952 tonnes of soya beans in 2019.
Production
The production of soya beans in China was 754,866,624 tonnes in 2019 and is predicted to change by an average of -1.52%. The country had an estimated 404,385,720.00 hectares under soya beans cultivation.