# China's December soybean imports jump, annual volumes fall for 2nd year - DatamarNews

> China's soybean imports rose 19% year on year in December 2022 to 10.56 million tonnes, the highest monthly level since June 2021, as buyers restocked after tight supplies. Full-year 2022 imports fell 5.6% to 91.08 million tonnes, the second annual decline.

- Date: 2023-01-13 · published 2023-01-13T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/14872-china-s-december-soybean-imports-jump-annual-volumes-fall-for-2nd-year
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A December rebound in Chinese buying supports soybean and soymeal demand, though weaker feed consumption and a second annual import decline cap the outlook.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-01-17 | [China’s December soybean imports jump](https://feedsoft.ai/events/37768-china-s-december-soybean-imports-jump.md) | -3.1% | +0.3% |
| SOY | 2020-11-07 | [China's Oct soybean imports jump 41% on year on swine fever recovery \| S&P Global](https://feedsoft.ai/events/50147-china-s-oct-soybean-imports-jump-41-on-year-on-swine-fever-recovery-s-and-p.md) | +3.9% | +5.5% |
| SOY | 2022-08-18 | [New marketing year points to favorable soybean export volumes to China](https://feedsoft.ai/events/14908-new-marketing-year-points-to-favorable-soybean-export-volumes-to-china.md) | +5.8% | -1.6% |
| SOY | 2017-10-16 | [China to Import 110 MMT Soybeans Annually Within Five Years](https://feedsoft.ai/events/68326-china-to-import-110-mmt-soybeans-annually-within-five-years.md) | -2.1% | -2.3% |
| SOY | 2022-10-24 | [China's monthly soybean imports jump \| World Grain](https://feedsoft.ai/events/14892-china-s-monthly-soybean-imports-jump-world-grain.md) | -0.6% | +2.3% |
| SBM | 2020-11-07 | [China's Oct soybean imports jump 41% on year on swine fever recovery \| S&P Global](https://feedsoft.ai/events/50147-china-s-oct-soybean-imports-jump-41-on-year-on-swine-fever-recovery-s-and-p.md) | +1.5% | +1.1% |
| SBM | 2017-10-16 | [China to Import 110 MMT Soybeans Annually Within Five Years](https://feedsoft.ai/events/68326-china-to-import-110-mmt-soybeans-annually-within-five-years.md) | -2.3% | -3.1% |
| SBM | 2022-10-24 | [China's monthly soybean imports jump \| World Grain](https://feedsoft.ai/events/14892-china-s-monthly-soybean-imports-jump-world-grain.md) | +1.8% | -1.8% |

## Sources

- datamarnews.com: https://datamarnews.com/noticias/chinas-december-soybean-imports-jump-annual-volumes-fall-for-2nd-year/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.