Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in the United States - 2023
Contents:
- Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in the United States (FOB) - 2022
- Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in the United States (CIF) - 2022
- Exports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in the United States
- Imports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in the United States
Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in the United States (FOB) - 2022
In 2022, the average export price for seed; sugar beet seed, of a kind used for sowing amounted to $4,880 per ton, leveling off at the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 19% against the previous year. The export price peaked at $5,027 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($5,186 per ton), while the average price for exports to Taiwan (Chinese) ($1,202 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 Taiwan (Chinese) (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in the United States (CIF) - 2022
In 2022, the average import price for seed; sugar beet seed, of a kind used for sowing amounted to $11,864 per ton, which is down by -42.7% against the previous year. In general, the import price continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2016 when the average import price increased by 188%. The import price peaked at $24,695 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 ($19,371 per ton), while the price for Italy ($7,818 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.6%), while the prices for the other major suppliers experienced a decline.
Exports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in the United States
In 2022, overseas shipments of seed; sugar beet seed, of a kind used for sowing decreased by -2.1% to 1.9K tons, falling for the second year in a row after two years of growth. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +11.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -14.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 62% against the previous year. As a result, the exports attained the peak of 2.2K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of seed; sugar beet seed, of a kind used for sowing fell slightly to $9M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +11.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -14.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 61%. As a result, the exports attained the peak of $11M. 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 the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 6.1 | 8.9 | 8.9 | 8.1 | 9.9% |
| Mexico | 0.3 | N/A | 0.2 | 0.4 | 10.1% |
| Colombia | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Thailand | N/A | 1.1 | N/A | N/A | 0% |
| Others | 0.2 | 0.5 | 0.2 | 0.3 | 14.5% |
| Total | 6.6 | 10.6 | 9.3 | 9.0 | 10.9% |
Top Export Markets for Seed; Sugar Beet Seed, of A Kind Used for Sowing from the United States in 2022:
- Canada (1654.8 tons)
- Mexico (88.7 tons)
- Colombia (42.6 tons)
Imports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in the United States
In 2022, overseas purchases of seed; sugar beet seed, of a kind used for sowing were finally on the rise to reach 5.6 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a precipitous slump.
In value terms, imports of seed; sugar beet seed, of a kind used for sowing skyrocketed to $67K in 2022. In general, imports, however, continue to indicate a deep contraction.
| Import of Seed; Sugar Beet Seed, of A Kind Used for Sowing in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 36.6 | 33.1 | N/A | 40.6 | 3.5% |
| Germany | 26.2 | 18.1 | 14.4 | 16.3 | -14.6% |
| Italy | 15.5 | N/A | N/A | 5.2 | -30.5% |
| Canada | 7.6 | N/A | N/A | N/A | 0% |
| Others | N/A | 12.9 | N/A | 4.8 | -39.0% |
| Total | 86.0 | 64.1 | 14.4 | 66.9 | -8.0% |
Top Suppliers of Seed; Sugar Beet Seed, of A Kind Used for Sowing to the United States in 2022:
- France (4.1 tons)
- Germany (0.8 tons)
- Italy (0.7 tons)
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This report provides an in-depth analysis of the global market for tree, flower and other seeds, fruits and spores for sowing.
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