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

Contents:

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

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

In 2022, the average import price for seed; sugar beet seed, of a kind used for sowing amounted to $25,211 per ton, dropping by -4.2% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 11% against the previous year. Over the period under review, average import prices hit record highs at $29,541 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($27,913 per ton), while the price for Italy ($24,211 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+1.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for seed; sugar beet seed, of a kind used for sowing amounted to $9,858 per ton, which is down by -24.2% against the previous year. In general, the export price saw a deep reduction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 76% against the previous year. The export price peaked at $25,992 per ton in 2013; however, from 2014 to 2022, the 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 Ukraine ($33,286 per ton), while the average price for exports to Belarus ($773 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 France (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of seed; sugar beet seed, of a kind used for sowing into Russia soared to 9.8K tons, picking up by 144% on the year before. Over the period under review, imports enjoyed significant growth. As a result, imports attained 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 soared to $248M in 2022. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy8.56.319.6158164.9%
Germany28.715.936.557.626.1%
France21.961.848.532.514.1%
Belgium9.91.4N/AN/A-85.9%
Others2.80.41.8N/A-19.8%
Total71.885.810624851.2%

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

  1. Italy (6.5K tons)
  2. Germany (2.1K tons)
  3. France (1.2K tons)

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

Exports of seed; sugar beet seed, of a kind used for sowing from Russia surged to 75 tons in 2022, with an increase of 21% against the year before. Over the period under review, exports, however, continue to indicate a noticeable decline.

In value terms, exports of seed; sugar beet seed, of a kind used for sowing shrank to $744K in 2022. In general, exports, however, continue to indicate a abrupt contraction. The growth pace was the most rapid in 2020 with an increase of 8.3%. As a result, the exports reached the peak of $1.4M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan38035880.24243.7%
UkraineN/AN/A30.7289841.4%
BelarusN/AN/AN/A30.50%
DenmarkN/A212N/AN/A0%
Turkmenistan903820696N/A-12.2%
OthersN/AN/A0.3N/A0%
Total1,2841,390807744-16.6%

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

  1. Belarus (39.5 tons)
  2. Kazakhstan (27.3 tons)
  3. Ukraine (8.7 tons)

Source: IndexBox Market Intelligence Platform

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