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

Contents:

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

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

In 2022, the average import price for seed; sugar beet seed, of a kind used for sowing amounted to $38,667 per ton, surging by 6% against the previous year. Overall, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +9.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for seed; sugar beet seed, of a kind used for sowing increased by +50.1% against 2019 indices. The pace of growth appeared the most rapid in 2013 when the average import price increased by 50% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($40,545 per ton) and Italy ($35,519 per ton), while the price for France ($28,410 per ton) and Belgium ($31,455 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for seed; sugar beet seed, of a kind used for sowing stood at $19,667 per ton in 2021, approximately mirroring the previous year. In general, the export price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2013 when the average export price decreased by -2.8% against the previous year. Over the period under review, the average export prices reached the peak figure at $33,511 per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for Democratic People's Republic of Korea amounted to +33.2% per year.

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

Imports of seed; sugar beet seed, of a kind used for sowing into China shrank dramatically to 344 tons in 2022, waning by -53.3% on the previous year. Overall, imports showed a dramatic contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 15%.

In value terms, imports of seed; sugar beet seed, of a kind used for sowing contracted remarkably to $13M in 2022. Over the period under review, imports recorded a significant decrease. The pace of growth appeared the most rapid in 2021 with an increase of 42%.

Import of Seed; Sugar Beet Seed, of A Kind Used for Sowing in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany11.25.216.310.6-1.8%
Italy3.93.22.31.2-32.5%
Belgium9.07.15.41.1-50.4%
France4.23.42.90.3-58.5%
OthersN/AN/AN/AN/A0%
Total28.318.926.813.3-22.3%

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

  1. Germany (261.0 tons)
  2. Belgium (35.9 tons)
  3. Italy (34.9 tons)
  4. France (11.9 tons)

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

In 2021, exports of seed; sugar beet seed, of a kind used for sowing from China stood at 6 kg, remaining stable against 2020. In general, exports faced a precipitous decline. The smallest decline of 99.9% was in 2020.

In value terms, exports of seed; sugar beet seed, of a kind used for sowing amounted to $118 in 2021. Over the period under review, exports showed a dramatic decrease. The smallest decline of 99.9% was in 2020.

Export of Seed; Sugar Beet Seed, of A Kind Used for Sowing in China (USD)
COUNTRY201920202021CAGR,
2019-2021
United States798N/A118-61.5%
OthersN/AN/AN/A0%
Total798N/A118-61.5%

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

  1. United States (6.0 kg)

Source: IndexBox Market Intelligence Platform

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