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

Contents:

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

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

The average import price for seed; sugar beet seed, of a kind used for sowing stood at $108,671 per ton in 2022, rising by 75% against the previous year. In general, the import price, however, recorded a slight descent. The import price peaked at $125,326 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($110,931 per ton), while the price for Italy ($32,157 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+56.3%), 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 the UK (FOB) - 2022

In 2022, the average export price for seed; sugar beet seed, of a kind used for sowing amounted to $62,646 per ton, with a decrease of -32.4% against the previous year. Overall, the export price recorded a slight descent. The pace of growth appeared the most rapid in 2021 an increase of 150%. As a result, the export price attained the peak level of $92,675 per ton, and then shrank rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($116,529 per ton), while the average price for exports to the United Arab Emirates ($16,460 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 the United Arab Emirates (+32.2%), 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 the UK

In 2022, overseas purchases of seed; sugar beet seed, of a kind used for sowing decreased by -37.5% to 167 tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, recorded a mild increase. The pace of growth appeared the most rapid in 2020 when imports increased by 250% against the previous year. As a result, imports reached the peak of 563 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of seed; sugar beet seed, of a kind used for sowing rose significantly to $18M in 2022. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 260% against the previous year. As a result, imports attained the peak of $28M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Seed; Sugar Beet Seed, of A Kind Used for Sowing in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3.920.110.917.966.2%
ItalyN/AN/AN/A0.10%
FranceN/AN/A2.90.1-96.6%
Belgium3.57.32.9N/A-9.0%
Others0.30.3N/AN/A0.0%
Total7.727.716.618.233.2%

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

  1. Germany (161.8 tons)
  2. Italy (2.7 tons)
  3. France (1.1 tons)
  4. Belgium (0.3 tons)

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

Exports of seed; sugar beet seed, of a kind used for sowing from the UK soared to 40 tons in 2022, jumping by 279% against the year before. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of seed; sugar beet seed, of a kind used for sowing soared to $2.5M in 2022. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Seed; Sugar Beet Seed, of A Kind Used for Sowing in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BelgiumN/AN/AN/A1,0420%
Poland783N/AN/A1,0379.8%
Germany0.1N/A5.5116950.7%
Denmark14.721.753.866.865.6%
FranceN/A85.512.223.2-47.9%
United Arab EmiratesN/AN/AN/A15.50%
Falkland Islands (Malvinas)N/A1.6N/AN/A0%
Saudi Arabia51.425.8N/AN/A-49.8%
Others1441,31991021614.5%
Total9931,4549822,51736.3%

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

  1. Belgium (26.0 tons)
  2. Poland (8.9 tons)
  3. Germany (1.8 tons)
  4. Denmark (1.2 tons)
  5. United Arab Emirates (0.9 tons)
  6. France (0.7 tons)

Source: IndexBox Market Intelligence Platform

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