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

Contents:

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

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

The average import price for seed; sugar beet seed, of a kind used for sowing stood at $21,012 per ton in 2022, picking up by 7.9% against the previous year. Over the period under review, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +7.6% 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 decreased by -12.1% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 80% against the previous year. As a result, import price attained the peak level of $23,905 per ton. From 2020 to 2022, the average import prices remained at a lower figure.

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 ($33,148 per ton), while the price for Belgium ($14,675 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+8.8%), 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 India (FOB) - 2022

The average export price for seed; sugar beet seed, of a kind used for sowing stood at $1,238 per ton in 2022, with a decrease of -83.8% against the previous year. Overall, the export price saw a abrupt slump. The most prominent rate of growth was recorded in 2019 an increase of 102%. As a result, the export price attained the peak level of $14,068 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($1,854 per ton), while the average price for exports to Bangladesh ($870 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 Egypt (+5.0%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of seed; sugar beet seed, of a kind used for sowing into India declined rapidly to 27 tons, with a decrease of -20.6% against 2021. Over the period under review, imports, however, posted a prominent increase. The pace of growth was the most pronounced in 2021 with an increase of 126%. As a result, imports reached the peak of 35 tons, and then dropped markedly in the following year.

In value terms, imports of seed; sugar beet seed, of a kind used for sowing declined to $576K in 2022. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 166%. As a result, imports reached the peak of $672K, and then reduced in the following year.

Import of Seed; Sugar Beet Seed, of A Kind Used for Sowing in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark89.037.666.923438.0%
Belgium17355.32242208.3%
Germany28.88.933.212261.8%
New Zealand11.87.78.6N/A-14.6%
EthiopiaN/A15.329.0N/A89.5%
United States47.736.046.5N/A-1.3%
France45.933.541.9N/A-4.5%
Italy9.71.43.3N/A-41.7%
Others15456.6218N/A19.0%
Total5602526725760.9%

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

  1. Belgium (15.0 tons)
  2. Denmark (8.7 tons)
  3. Germany (3.7 tons)

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

In 2022, the amount of seed; sugar beet seed, of a kind used for sowing exported from India soared to 43 tons, growing by 163% against the previous year. Overall, exports saw significant growth. The growth pace was the most rapid in 2020 with an increase of 1,669% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of seed; sugar beet seed, of a kind used for sowing contracted dramatically to $54K in 2022. In general, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 862% against the previous year. As a result, the exports attained the peak of $138K. 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 India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nepal0.712.420.348.3310.2%
United Kingdom0.23.21.64.6184.4%
BangladeshN/A3.60.50.9-50.0%
Egypt12.548.458.5N/A116.3%
AfghanistanN/A7.7N/AN/A0%
Others0.962.945.5N/A611.0%
Total14.413812653.855.2%

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

  1. Nepal (40.0 tons)
  2. United Kingdom (2.5 tons)
  3. Bangladesh (1.0 tons)

Source: IndexBox Market Intelligence Platform

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