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

Contents:

  1. Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Belgium (FOB) - 2022
  2. Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Belgium (CIF) - 2022
  3. Exports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Belgium
  4. Imports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Belgium

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

The average export price for seed; sugar beet seed, of a kind used for sowing stood at $37,329 per ton in 2022, rising by 2.9% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 13%. Over the period under review, the average export prices attained the peak figure at $41,157 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($48,394 per ton), while the average price for exports to the Netherlands ($13,431 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+6.4%), 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 Belgium (CIF) - 2022

The average import price for seed; sugar beet seed, of a kind used for sowing stood at $6,763 per ton in 2022, rising by 5.2% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 103%. The import price peaked at $9,446 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($36,388 per ton), while the price for Italy ($3,735 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Belgium

In 2022, approx. 3.2K tons of seed; sugar beet seed, of a kind used for sowing were exported from Belgium; reducing by -9.6% compared with 2021 figures. Over the period under review, exports showed a abrupt downturn. The smallest decline of -0.8% was in 2020.

In value terms, exports of seed; sugar beet seed, of a kind used for sowing declined to $120M in 2022. Overall, exports saw a slight shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 4.5%. As a result, the exports reached the peak of $130M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France63.350.962.442.6-12.4%
Russia10.511.18.818.921.6%
Germany3.83.65.16.821.4%
Poland5.16.87.66.69.0%
Egypt5.65.26.05.60.0%
Turkey0.90.92.84.267.1%
China4.39.22.03.7-4.9%
Belarus1.41.01.23.231.7%
Ukraine0.30.10.12.088.2%
Italy2.42.33.41.5-14.5%
United Kingdom3.27.83.20.4-50.0%
Others23.931.726.424.40.7%
Total125130129120-1.4%

Top Export Markets for Seed; Sugar Beet Seed, of A Kind Used for Sowing from Belgium in 2022:

  1. France (1175.0 tons)
  2. Russia (548.1 tons)
  3. Egypt (399.2 tons)
  4. Germany (157.2 tons)
  5. Poland (136.4 tons)
  6. China (119.9 tons)
  7. Ukraine (103.1 tons)
  8. Belarus (95.1 tons)
  9. Turkey (90.6 tons)
  10. Italy (31.5 tons)
  11. United Kingdom (14.8 tons)

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

In 2022, imports of seed; sugar beet seed, of a kind used for sowing into Belgium contracted rapidly to 5.9K tons, waning by -33.5% on the previous year's figure. Over the period under review, imports continue to indicate a pronounced decline. The growth pace was the most rapid in 2021 when imports increased by 74% against the previous year. As a result, imports reached the peak of 8.9K tons, and then reduced sharply in the following year.

In value terms, imports of seed; sugar beet seed, of a kind used for sowing dropped notably to $40M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +9.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 52%.

Import of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy9.217.824.512.510.8%
France11.18.912.510.3-2.5%
Germany4.84.44.63.9-6.7%
Others5.515.315.413.233.9%
Total30.646.457.039.99.2%

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

  1. Italy (3.3K tons)
  2. France (2.2K tons)
  3. Germany (0.1K tons)

Source: IndexBox Market Intelligence Platform

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