Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Estonia - 2023
Contents:
- Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Estonia (CIF) - 2022
- Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Estonia (FOB) - 2022
- Imports of Seed; Vegetable Seed, of A Kind Used for Sowing in Estonia
- Exports of Seed; Vegetable Seed, of A Kind Used for Sowing in Estonia
Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Estonia (CIF) - 2022
The average import price for seed; vegetable seed, of a kind used for sowings stood at $18,487 per ton in 2022, declining by -17.1% against the previous year. Overall, the import price continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2016 an increase of 14% against the previous year. The import price peaked at $36,680 per ton in 2014; however, from 2015 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 the Netherlands ($72,559 per ton), while the price for Sweden ($3,501 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+29.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Estonia (FOB) - 2022
In 2022, the average export price for seed; vegetable seed, of a kind used for sowings amounted to $25,243 per ton, which is down by -11.9% against the previous year. In general, the export price, however, showed notable growth. The growth pace was the most rapid in 2018 when the average export price increased by 106% against the previous year. Over the period under review, the average export prices hit record highs at $32,911 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($89,666 per ton), while the average price for exports to Hong Kong SAR ($12,024 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 Latvia (+19.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Seed; Vegetable Seed, of A Kind Used for Sowing in Estonia
For the fourth year in a row, Estonia recorded growth in overseas purchases of seed; vegetable seed, of a kind used for sowings, which increased by 13% to 85 tons in 2022. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 38%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in years to come.
In value terms, imports of seed; vegetable seed, of a kind used for sowings dropped to $1.6M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +12.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 40% against the previous year.
| Import of Seed; Vegetable Seed, of A Kind Used for Sowing in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 295 | 393 | 593 | 599 | 26.6% |
| Netherlands | 289 | 572 | 409 | 457 | 16.5% |
| Finland | 105 | 184 | 197 | 135 | 8.7% |
| Poland | 183 | 221 | 118 | 113 | -14.8% |
| Latvia | 43.3 | 49.3 | 87.0 | 89.0 | 27.1% |
| Czech Republic | 0.5 | N/A | N/A | 35.8 | 315.2% |
| Sweden | 8.9 | 12.2 | 52.1 | 30.6 | 50.9% |
| China | 21.1 | N/A | 7.4 | N/A | -40.8% |
| Others | 150 | 106 | 222 | 120 | -7.2% |
| Total | 1,097 | 1,537 | 1,684 | 1,579 | 12.9% |
Top Suppliers of Seed; Vegetable Seed, of A Kind Used for Sowing to Estonia in 2022:
- Lithuania (40.3 tons)
- Sweden (8.7 tons)
- Poland (7.7 tons)
- Czech Republic (7.2 tons)
- Finland (7.2 tons)
- Netherlands (6.3 tons)
- Latvia (3.9 tons)
Exports of Seed; Vegetable Seed, of A Kind Used for Sowing in Estonia
After three years of growth, shipments abroad of seed; vegetable seed, of a kind used for sowings decreased by -63.1% to 14 tons in 2022. In general, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,099% against the previous year.
In value terms, exports of seed; vegetable seed, of a kind used for sowings declined dramatically to $365K in 2022. Overall, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 837% against the previous year.
| Export of Seed; Vegetable Seed, of A Kind Used for Sowing in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 25.1 | 349 | 518 | 84.9 | 50.1% |
| Canada | N/A | 19.4 | 227 | 56.9 | 71.3% |
| Czech Republic | N/A | N/A | 17.5 | 48.1 | 174.9% |
| Sweden | N/A | N/A | 25.8 | 36.0 | 39.5% |
| Saudi Arabia | N/A | N/A | 5.0 | 28.4 | 468.0% |
| Latvia | 0.5 | 1.3 | 45.0 | 21.9 | 252.5% |
| Singapore | 6.0 | 32.0 | 67.0 | 14.7 | 34.8% |
| United Kingdom | N/A | N/A | 28.2 | 13.1 | -53.5% |
| Others | 14.8 | 32.9 | 190 | 60.9 | 60.2% |
| Total | 46.4 | 435 | 1,123 | 365 | 98.9% |
Top Export Markets for Seed; Vegetable Seed, of A Kind Used for Sowing from Estonia in 2022:
- United States (4.5 tons)
- Canada (3.5 tons)
- Saudi Arabia (2.3 tons)
- Czech Republic (0.8 tons)
- Singapore (0.8 tons)
- United Kingdom (0.6 tons)
- Sweden (0.4 tons)
- Latvia (0.4 tons)
98
This report provides an in-depth analysis of the market for tree, flower and other seeds, fruits and spores for sowing in Estonia.
2286
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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This report provides an in-depth analysis of the market for tree, flower and other seeds, fruits and spores for sowing in Estonia.
2286
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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