South Africa: price index of soya beans 2001-2019

As of the calendar year 2019, the price index of soya beans in South Africa amounted to 166.5 percent, an increase of 10.8 percent from 2018. Between 2001 and 2019, significant fluctuations can be observed, with an overall increasing trend in the price index of soya beans. The price index increase in 2008 can possibly be linked to the global world food price crisis, along with a domestic consumption which surpassed the production, causing a shortage of soya beans. In 2016, a similar trend can be observed when consumption exceeded the production, therefore affecting the price of soya beans.

Price index of soya beans in South Africa from 2001 to 2019

Characteristic	Price index (2010=100)
2019	166.5
2018	155.7
2017	177.3
2016	223.6
2015	184.8
2014	196.3
2013	180.8
2012	160.6
2011	117.7
2010	100
2009	128.5
2008	169.8
2007	117.4
2006	71.2
2005	54.1
2004	90.6
2003	105.6
2002	85.3
2001	52.8

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Release date

July 2020

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Region

South Africa

Survey time period

2001 to 2019

Supplementary notes

Price index data is for calendar years (2010=base year).

The source indicates that for production year 2018/2019 the data is preliminary however it does not specify for calendar years.

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