Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Germany - 2023
Contents:
- Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Germany (FOB) - 2023
- Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Germany (CIF) - 2023
- Exports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Germany
- Imports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Germany
Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Germany (FOB) - 2023
In November 2023, the average export price for seed; sugar beet seed, of a kind used for sowing amounted to $45,408 per ton, with a decrease of -10.3% against the previous month. Overall, the export price, however, posted temperate growth. The pace of growth was the most pronounced in August 2023 when the average export price increased by 113% m-o-m. The export price peaked at $60,882 per ton in April 2023; however, from May 2023 to November 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was Belarus ($124K per ton), while the average price for exports to the Netherlands ($1,040 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Germany (CIF) - 2023
In November 2023, the average import price for seed; sugar beet seed, of a kind used for sowing amounted to $10,290 per ton, which is down by -4.1% against the previous month. Over the period under review, the import price, however, recorded a modest increase. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 56% against the previous month. Over the period under review, average import prices reached the peak figure at $12,087 per ton in January 2023; however, from February 2023 to November 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was France ($12,265 per ton), while the price for Austria ($4,067 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Italy (+4.5%), while the prices for the other major suppliers experienced a decline.
Exports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Germany
In 2022, the amount of seed; sugar beet seed, of a kind used for sowing exported from Germany totaled 12K tons, remaining relatively unchanged against 2021 figures. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 53%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of seed; sugar beet seed, of a kind used for sowing expanded remarkably to $429M in 2022. In general, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 33%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 53.6 | 67.4 | 74.4 | 94.6 | 20.8% |
| Russia | 28.5 | 26.4 | 75.0 | 93.2 | 48.4% |
| Netherlands | 24.6 | 27.1 | 32.3 | 29.0 | 5.6% |
| Belarus | 8.0 | 8.2 | 9.5 | 19.5 | 34.6% |
| Egypt | 13.5 | 16.9 | 18.5 | 18.3 | 10.7% |
| China | 10.0 | 10.9 | 10.1 | 15.7 | 16.2% |
| Ukraine | 11.7 | 14.3 | 20.5 | 14.6 | 7.7% |
| Poland | 15.1 | 12.7 | 24.1 | 12.8 | -5.4% |
| Austria | 0.6 | 1.5 | 7.6 | 12.2 | 172.9% |
| Turkey | 3.9 | 8.6 | 12.5 | 10.5 | 39.1% |
| Others | 74.4 | 98.5 | 106 | 109 | 13.6% |
| Total | 244 | 293 | 390 | 429 | 20.7% |
Top Export Markets for Seed; Sugar Beet Seed, of A Kind Used for Sowing from Germany in 2022:
- France (4.7K tons)
- Russia (2.8K tons)
- Egypt (1.1K tons)
- Ukraine (0.4K tons)
- Netherlands (0.4K tons)
- China (0.4K tons)
- Turkey (0.3K tons)
- Poland (0.3K tons)
- Austria (0.3K tons)
- Belarus (0.2K tons)
Imports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Germany
After three years of growth, purchases abroad of seed; sugar beet seed, of a kind used for sowing decreased by -3.3% to 16K tons in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +17.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 55%.
In value terms, imports of seed; sugar beet seed, of a kind used for sowing expanded to $135M in 2022. In general, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 86% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 22.3 | 48.4 | 63.6 | 82.5 | 54.7% |
| Italy | 28.9 | 47.9 | 49.9 | 41.6 | 12.9% |
| Denmark | 2.0 | 6.9 | 11.3 | 4.1 | 27.0% |
| Others | 4.2 | 3.6 | 5.9 | 6.8 | 17.4% |
| Total | 57.4 | 107 | 131 | 135 | 33.0% |
Top Suppliers of Seed; Sugar Beet Seed, of A Kind Used for Sowing to Germany in 2022:
- Italy (8.7K tons)
- France (7.0K tons)
- Denmark (0.3K tons)
542
This report provides an in-depth analysis of the market for tree, flower and other seeds, fruits and spores for sowing in Germany.
2288
This report provides an in-depth analysis of the global market for tree, flower and other seeds, fruits and spores for sowing.
542
This report provides an in-depth analysis of the market for tree, flower and other seeds, fruits and spores for sowing in Germany.
2288
This report provides an in-depth analysis of the global market for tree, flower and other seeds, fruits and spores for sowing.
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