
U.S. - Mustard Seed - Market Analysis, Forecast, Size, Trends and Insights
Mustard Seed Price per Ton June 2022
U.S. Mustard Seed Export Price per Ton June 2022
In June 2022, the mustard seed price per ton stood at $581 (FOB, US) in June 2022, declining by -7.6% against the previous month. Overall, the export price saw a perceptible curtailment. The growth pace was the most rapid in April 2022 when the average export price increased by 86% m-o-m. As a result, the export price reached the peak level of $1,057 per ton. From May 2022 to June 2022, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($840 per ton), while the average price for exports to the UK ($535 per ton) was amongst the lowest.
From January 2022 to June 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (0.0%), while the prices for the other major destinations experienced more modest paces of growth.
U.S. Mustard Seed Exports
In June 2022, the amount of mustard seed exported from the United States dropped significantly to 792 tons, with a decrease of -16.2% against May 2022 figures. In general, exports saw a deep contraction. The most prominent rate of growth was recorded in February 2022 when exports increased by 77% m-o-m. The exports peaked at 2.3K tons in March 2022; however, from April 2022 to June 2022, the exports failed to regain momentum.
In value terms, mustard seed exports fell significantly to $460K (IndexBox estimates) in June 2022. Over the period under review, exports recorded a abrupt downturn. The growth pace was the most rapid in February 2022 when exports increased by 72% m-o-m. As a result, the exports attained the peak of $1.3M. From March 2022 to June 2022, the growth of the exports failed to regain momentum.
U.S. Mustard Seed Exports by Country
Canada (428 tons) was the main destination for mustard seed exports from the United States, accounting for a 54% share of total exports. Moreover, mustard seed exports to Canada exceeded the volume sent to the second major destination, Belgium (107 tons), fourfold. Australia (104 tons) ranked third in terms of total exports with a 13% share.
From January 2022 to June 2022, the average monthly rate of growth in terms of volume to Canada stood at -11.2%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Belgium (+33.6% per month) and Australia (-36.0% per month).
In value terms, Canada ($246K) remains the key foreign market for mustard seed exports from the United States, comprising 53% of total exports. The second position in the ranking was held by Belgium ($67K), with a 15% share of total exports. It was followed by Australia, with a 12% share.
From January 2022 to June 2022, the average monthly rate of growth in terms of value to Canada totaled -12.9%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Belgium (+15.5% per month) and Australia (-36.0% per month).
This report provides an in-depth analysis of the mustard seed market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
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Choosing the Best Countries to Establish Your Sustainable Supply Chain
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The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
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The Largest Producers on The Market and Their Profiles
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