Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Finland - 2023

Contents:

  1. Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Finland (CIF) - 2022
  2. Imports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Finland

Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Finland (CIF) - 2022

In 2022, the average import price for seed; sugar beet seed, of a kind used for sowing amounted to $110,918 per ton, with an increase of 14% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for seed; sugar beet seed, of a kind used for sowing decreased by -3.2% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of 29%. Over the period under review, average import prices attained the maximum at $114,608 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($130,395 per ton), while the price for Denmark ($80,618 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Finland

In 2022, approx. 25 tons of seed; sugar beet seed, of a kind used for sowing were imported into Finland; falling by -34.6% on 2021 figures. In general, imports showed a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 21%. As a result, imports attained the peak of 38 tons, and then declined significantly in the following year.

In value terms, imports of seed; sugar beet seed, of a kind used for sowing contracted dramatically to $2.8M in 2022. Over the period under review, imports continue to indicate a noticeable setback. The pace of growth appeared the most rapid in 2020 when imports increased by 21% against the previous year.

Import of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.92.62.31.8-1.8%
Denmark1.10.71.40.7-14.0%
BelgiumN/A0.3N/A0.2-18.4%
OthersN/AN/AN/AN/A0%
Total3.03.63.72.8-2.3%

Top Suppliers of Seed; Sugar Beet Seed, of A Kind Used for Sowing to Finland in 2022:

  1. Germany (14.2 tons)
  2. Denmark (8.9 tons)
  3. Belgium (2.0 tons)

Source: IndexBox Market Intelligence Platform

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