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

Contents:

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

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

The average import price for seed; sugar beet seed, of a kind used for sowing stood at $55,543 per ton in 2022, surging by 33% against the previous year. Over the period under review, the import price, however, saw a perceptible curtailment. Over the period under review, average import prices hit record highs at $70,305 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($58,734 per ton), while the price for Denmark totaled $55,091 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+15.4%), while the prices for the other major suppliers experienced a decline.

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

The average export price for seed; sugar beet seed, of a kind used for sowing stood at $31,857 per ton in 2022, waning by -28.4% against the previous year. Overall, the export price, however, recorded a noticeable increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 150% against the previous year. As a result, the export price attained the peak level of $54,271 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($120,000 per ton), while the average price for exports to Australia ($5,000 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+1.5%), 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 New Zealand

In 2022, after two years of decline, there was significant growth in purchases abroad of seed; sugar beet seed, of a kind used for sowing, when their volume increased by 458% to 5.6 tons. Over the period under review, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of seed; sugar beet seed, of a kind used for sowing skyrocketed to $312K in 2022. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Denmark (4.9 tons)
2. Germany (0.7 tons)

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

After two years of decline, shipments abroad of seed; sugar beet seed, of a kind used for sowing decreased by -30% to 7 kg in 2022. In general, exports showed a dramatic contraction.

In value terms, exports of seed; sugar beet seed, of a kind used for sowing declined dramatically to $223 in 2022. Overall, exports faced a sharp reduction.

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

1. India (2.0 kg)
2. Canada (1.0 kg)
3. Australia (1.0 kg)
4. Taiwan (Chinese) (1.0 kg)
5. United Kingdom (1.0 kg)
6. Dominican Republic (1.0 kg)

Source: IndexBox Market Intelligence Platform