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

Contents:

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

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

In 2022, the average import price for seed; sugar beet seed, of a kind used for sowing amounted to $27,934 per ton, waning by -14.8% against the previous year. Over the period under review, the import price showed a abrupt setback. The pace of growth appeared the most rapid in 2016 when the average import price increased by 131% against the previous year. The import price peaked at $90,419 per ton in 2012; however, from 2013 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 France ($37,262 per ton), while the price for Belgium ($23,698 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+10.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

Imports of seed; sugar beet seed, of a kind used for sowing into Azerbaijan surged to 26 tons in 2022, growing by 96% against the previous year. Over the period under review, imports posted perceptible growth.

In value terms, imports of seed; sugar beet seed, of a kind used for sowing surged to $721K in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +8.3% 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 decreased by -8.0% against 2020 indices.

Import of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany15322028327421.4%
Belgium152N/A1032029.9%
Italy25739.935.4186-10.2%
France5.4508N/A59.7122.8%
Others0.215.69.7N/A596.4%
Total5677844327218.3%

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

  1. Belgium (8.5 tons)
  2. Germany (7.9 tons)
  3. Italy (7.8 tons)
  4. France (1.6 tons)

Source: IndexBox Market Intelligence Platform

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