U.S. - Mustard Seed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMustard Seed Price in the United States - 2023
Contents:
- Mustard Seed Price in the United States (CIF) - 2023
- Mustard Seed Price in the United States (FOB) - 2023
- Mustard Seed Imports in the United States
- Mustard Seed Exports in the United States
Mustard Seed Price in the United States (CIF) - 2023
The average mustard seed import price stood at $1,756 per ton in September 2023, shrinking by -8.1% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.0%. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 30% m-o-m. As a result, import price reached the peak level of $1,970 per ton. From May 2023 to September 2023, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was Canada ($1,811 per ton), while the price for India totaled $1,281 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Canada (+1.3%), while the prices for the other major suppliers experienced a decline.
Mustard Seed Price in the United States (FOB) - 2023
The average mustard seed export price stood at $557 per ton in September 2023, standing approximately at the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 13% month-to-month. Over the period under review, the average export prices attained the peak figure at $681 per ton in October 2022; however, from November 2022 to September 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In September 2023, the countries with the highest prices were Canada ($566 per ton) and Mexico ($535 per ton), while the average price for exports to Australia ($535 per ton) and New Zealand ($535 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.
Mustard Seed Imports in the United States
In 2022, overseas purchases of mustard seed were finally on the rise to reach 107K tons after two years of decline. Overall, imports recorded resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, mustard seed imports skyrocketed to $96M in 2022. Over the period under review, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Mustard Seed in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 46.4 | 42.2 | 50.2 | 87.8 | 23.7% |
| India | 0.7 | 1.1 | 1.3 | 4.6 | 87.3% |
| Others | 0.1 | 0.1 | 0.3 | 3.3 | 220.8% |
| Total | 47.3 | 43.3 | 51.7 | 95.7 | 26.5% |
Top Suppliers of Mustard Seed to the United States in 2022:
- Canada (102.9K tons)
- India (2.9K tons)
Mustard Seed Exports in the United States
In 2022, approx. 20K tons of mustard seed were exported from the United States; surging by 35% compared with the previous year. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +12.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.4% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, mustard seed exports surged to $13M in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +5.0% 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 +77.8% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 47% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Mustard Seed in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 4.6 | 3.4 | 4.6 | 7.9 | 19.8% |
| Mexico | 0.8 | 0.8 | 1.1 | 0.9 | 4.0% |
| Thailand | 0.7 | 0.8 | 0.6 | 0.9 | 8.7% |
| Switzerland | 0.1 | 0.1 | 0.8 | 0.8 | 100.0% |
| Australia | 0.2 | 0.4 | 0.2 | 0.7 | 51.8% |
| Ecuador | 0.7 | 0.6 | 0.8 | 0.4 | -17.0% |
| Japan | 0.2 | 0.1 | 0.2 | 0.3 | 14.5% |
| Peru | 0.6 | 0.6 | 1.0 | N/A | 29.1% |
| France | 0.6 | N/A | N/A | N/A | 0% |
| Others | 2.6 | 0.4 | 1.4 | 0.9 | -29.8% |
| Total | 11.1 | 7.3 | 10.7 | 12.9 | 5.1% |
Top Export Markets for Mustard Seed from the United States in 2022:
- France (undefinedK tons)
- Canada (13.0K tons)
- Mexico (1.6K tons)
- Australia (1.3K tons)
- Thailand (1.3K tons)
- Switzerland (1.1K tons)
- Ecuador (0.4K tons)
- Japan (0.3K tons)
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.
Product coverage:
- FCL 292 - Mustard seed
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In August 2022, the mustard seed price per ton amounted to $1.8K (CIF, US), falling by -26.7% against the previous month.
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