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

Contents:

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

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

The average import price for seed; sugar beet seed, of a kind used for sowing stood at $34,727 per ton in 2022, with an increase of 95% against the previous year. In general, the import price continues to indicate significant growth. The most prominent rate of growth was recorded in 2015 an increase of 192% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the immediate term.

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 ($102,000 per ton), while the price for France totaled $14,941 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+26.1%), 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 Luxembourg (FOB) - 2022

The average export price for seed; sugar beet seed, of a kind used for sowing stood at $12,500 per ton in 2022, increasing by 4.2% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2014 when the average export price increased by 78% against the previous year. As a result, the export price attained the peak level of $131,750 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +55.4% per year.

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

In 2022, the amount of seed; sugar beet seed, of a kind used for sowing imported into Luxembourg skyrocketed to 22 kg, increasing by 38% against 2021 figures. Over the period under review, imports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 59%. As a result, imports reached the peak of 62 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of seed; sugar beet seed, of a kind used for sowing soared to $764 in 2022. Overall, imports enjoyed a resilient increase.

Import of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Luxembourg (USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/AN/A5100%
France633728285254-26.2%
BelgiumN/A221N/AN/A0%
OthersN/AN/AN/AN/A0%
Total6339492857646.5%

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

  1. France (17.0 kg)
  2. Germany (5.0 kg)

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

In 2022, after two years of growth, there was decline in overseas shipments of seed; sugar beet seed, of a kind used for sowing, when their volume decreased by 0% to 2 kg. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 100% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, exports of seed; sugar beet seed, of a kind used for sowing rose modestly to $25 in 2022. Over the period under review, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 243%. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Luxembourg (USD)
COUNTRY202020212022CAGR,
2020-2022
France7.024.025.089.0%
OthersN/AN/AN/A0%
Total7.024.025.089.0%

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

  1. France (2.0 kg)

Source: IndexBox Market Intelligence Platform

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