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

Contents:

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

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

The average import price for seed; sugar beet seed, of a kind used for sowing stood at $7,986 per ton in 2022, approximately reflecting the previous year. Over the period under review, the import price, however, recorded a slight curtailment. The most prominent rate of growth was recorded in 2016 when the average import price increased by 18% against the previous year. As a result, import price attained the peak level of $12,014 per ton. From 2017 to 2022, the average import prices failed to regain momentum.

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 Germany ($10,703 per ton), while the price for the UK ($1,969 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+26.8%), 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 Ghana (FOB) - 2022

In 2022, the average export price for seed; sugar beet seed, of a kind used for sowing amounted to $2,506 per ton, surging by 5.8% against the previous year. In general, the export price, however, showed a deep slump. Over the period under review, the average export prices hit record highs at $8,289 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -11.3% per year.

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

In 2022, supplies from abroad of seed; sugar beet seed, of a kind used for sowing decreased by -4.8% to 138 kg for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +10.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 27% against the previous year.

In value terms, imports of seed; sugar beet seed, of a kind used for sowing dropped modestly to $1.1K in 2022. The total import value increased at an average annual rate of +4.3% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 8.8%. As a result, imports attained the peak of $1.1K, and then reduced in the following year.

Import of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Ghana (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3034054293969.3%
United States19728633033118.9%
Belgium16424929731023.6%
United Kingdom11211289.063.0-17.5%
Others1953.03.02.0-78.3%
Total9711,0551,1481,1024.3%

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

  1. United States (38.0 kg)
  2. Germany (37.0 kg)
  3. United Kingdom (32.0 kg)
  4. Belgium (30.0 kg)

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

In 2022, shipments abroad of seed; sugar beet seed, of a kind used for sowing was finally on the rise to reach 162 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a noticeable decrease.

In value terms, exports of seed; sugar beet seed, of a kind used for sowing stood at $406 in 2022. Over the period under review, exports, however, saw a abrupt downturn.

Export of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Ghana (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom488441372406-5.9%
Others36.0N/AN/AN/A0%
Total524441372406-8.2%

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

  1. United Kingdom (162.0 kg)

Source: IndexBox Market Intelligence Platform

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