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

Contents:

  1. Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in France (CIF) - 2023
  2. Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in France (FOB) - 2022
  3. Imports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in France
  4. Exports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in France

Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in France (CIF) - 2023

The average import price for seed; sugar beet seed, of a kind used for sowing stood at $10,953 per ton in October 2023, with a decrease of -18.1% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 an increase of 212% m-o-m. As a result, import price attained the peak level of $39,742 per ton. From March 2023 to October 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($15,861 per ton), while the price for Germany amounted to $9,957 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+0.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for seed; sugar beet seed, of a kind used for sowing amounted to $9,848 per ton, reducing by -10.2% against the previous year. In general, the export price saw a pronounced decline. The pace of growth appeared the most rapid in 2020 an increase of 60%. The export price peaked at $13,577 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($22,837 per ton), while the average price for exports to Belgium ($3,274 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 (+2.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, after three years of growth, there was significant decline in supplies from abroad of seed; sugar beet seed, of a kind used for sowing, when their volume decreased by -18.9% to 5.5K tons. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +16.6% 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 increased by +58.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 45% against the previous year.

In value terms, imports of seed; sugar beet seed, of a kind used for sowing fell to $130M in 2022. The total import value increased at an average annual rate of +1.8% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 12%. As a result, imports attained the peak of $143M, and then shrank in the following year.

Import of Seed; Sugar Beet Seed, of A Kind Used for Sowing in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany58.277.171.785.313.6%
Belgium65.150.861.541.6-13.9%
Others0.10.310.33.5227.1%
Total1231281431301.9%

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

  1. Germany (4.3K tons)
  2. Belgium (1.1K tons)

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

In 2022, exports of seed; sugar beet seed, of a kind used for sowing from France reached 12K tons, surging by 13% against the year before. The total export volume increased at an average annual rate of +4.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, the exports reached 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 rose slightly to $115M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.9% 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 +51.6% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 48% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Seed; Sugar Beet Seed, of A Kind Used for Sowing in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany30.951.757.376.835.5%
Belgium10.88.010.49.4-4.5%
Egypt4.34.26.07.118.2%
DenmarkN/AN/A8.05.6-30.0%
Russia11.722.77.83.9-30.7%
Others18.426.024.012.5-12.1%
Total76.111311411514.8%

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

  1. Germany (7.3K tons)
  2. Belgium (2.9K tons)
  3. Denmark (0.6K tons)
  4. Egypt (0.5K tons)
  5. Russia (0.2K tons)

Source: IndexBox Market Intelligence Platform

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