Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Ethiopia - 2022

Contents:

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

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

In 2022, the average import price for seed; sugar beet seed, of a kind used for sowing amounted to $9,000 per ton, which is down by -19.8% against the previous year. Over the period under review, the import price continues to indicate a pronounced setback. The pace of growth was the most pronounced in 2013 when the average import price increased by 40%. The import price peaked at $21,063 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to -5.9% per year.

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

The average export price for seed; sugar beet seed, of a kind used for sowing stood at $583 per ton in 2021, with an increase of 2.8% against the previous year. Overall, the export price, however, showed a precipitous setback. The export price peaked at $4,627 per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

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

From 2015 to 2021, the rate of growth in terms of prices for India amounted to +2.8% per year.

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

In 2022, the amount of seed; sugar beet seed, of a kind used for sowing imported into Ethiopia declined rapidly to 2 kg, which is down by -99.9% on the year before. Overall, imports saw a sharp reduction. The most prominent rate of growth was recorded in 2021 with an increase of 1,900%.

In value terms, imports of seed; sugar beet seed, of a kind used for sowing declined notably to $18 in 2022. Over the period under review, imports recorded a sharp reduction. The pace of growth was the most pronounced in 2021 when imports increased by 2,221%.

Import of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China90.81.00.9N/A-90.0%
ItalyN/AN/A21.5N/A0%
Others3.1N/AN/AN/A0%
Total93.91.022.4N/A-51.2%

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

  1. China (2.0 kg)

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

Exports of seed; sugar beet seed, of a kind used for sowing from Ethiopia soared to 103 tons in 2021, picking up by 56% compared with the previous year. Overall, total exports indicated a significant expansion from 2020 to 2021: its volume increased at an average annual rate of +56.1% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of seed; sugar beet seed, of a kind used for sowing soared to $60K in 2021. In general, total exports indicated a significant increase from 2020 to 2021: its value increased at an average annual rate of +60.5% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Ethiopia (Thousand USD)
COUNTRY20202021CAGR,
2020-2021
India37.460.160.7%
OthersN/AN/A0%
Total37.460.160.7%

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

  1. India (103.0 tons)

Source: IndexBox Market Intelligence Platform

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