Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Hungary - 2023
Contents:
- Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Hungary (CIF) - 2022
- Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Hungary (FOB) - 2022
- Imports of Seed; Vegetable Seed, of A Kind Used for Sowing in Hungary
- Exports of Seed; Vegetable Seed, of A Kind Used for Sowing in Hungary
Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Hungary (CIF) - 2022
The average import price for seed; vegetable seed, of a kind used for sowings stood at $19,626 per ton in 2022, dropping by -50.1% against the previous year. Overall, the import price, however, saw a moderate increase. The most prominent rate of growth was recorded in 2018 an increase of 55%. Over the period under review, average import prices reached the peak figure at $40,877 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($46,845 per ton), while the price for Ukraine ($2,231 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.5%), 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 Hungary (FOB) - 2022
In 2022, the average export price for seed; vegetable seed, of a kind used for sowings amounted to $30,374 per ton, surging by 28% against the previous year. In general, the export price showed prominent growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 101%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($85,845 per ton), while the average price for exports to Italy ($4,333 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 Slovakia (+36.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Seed; Vegetable Seed, of A Kind Used for Sowing in Hungary
For the fourth consecutive year, Hungary recorded growth in overseas purchases of seed; vegetable seed, of a kind used for sowings, which increased by 100% to 947 tons in 2022. In general, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of seed; vegetable seed, of a kind used for sowings amounted to $19M in 2022. The total import value increased at an average annual rate of +8.0% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 14% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Seed; Vegetable Seed, of A Kind Used for Sowing in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 10.9 | 11.9 | 13.2 | 12.8 | 5.5% |
| Ukraine | N/A | N/A | N/A | 1.2 | 0% |
| Germany | 1.2 | 1.2 | 0.8 | 0.9 | -9.1% |
| Italy | 0.6 | 0.6 | 0.8 | 0.6 | 0.0% |
| Czech Republic | 0.3 | 0.1 | 0.3 | 0.5 | 18.6% |
| Slovakia | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Others | 1.6 | 2.4 | 3.3 | 2.5 | 16.0% |
| Total | 14.7 | 16.3 | 18.6 | 18.6 | 8.2% |
Top Suppliers of Seed; Vegetable Seed, of A Kind Used for Sowing to Hungary in 2022:
- Ukraine (539.3 tons)
- Netherlands (273.4 tons)
- Germany (33.7 tons)
- Italy (20.7 tons)
- Slovakia (20.5 tons)
- Czech Republic (17.6 tons)
Exports of Seed; Vegetable Seed, of A Kind Used for Sowing in Hungary
In 2022, approx. 238 tons of seed; vegetable seed, of a kind used for sowings were exported from Hungary; reducing by -38.8% on 2021 figures. In general, exports showed a sharp setback. The smallest decline of -8.8% was in 2021.
In value terms, exports of seed; vegetable seed, of a kind used for sowings fell notably to $7.2M in 2022. Overall, exports showed a noticeable slump. The pace of growth appeared the most rapid in 2021 when exports increased by 10% against the previous year. As a result, the exports attained the peak of $9.2M, and then dropped significantly in the following year.
| Export of Seed; Vegetable Seed, of A Kind Used for Sowing in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 1,790 | 1,893 | 2,408 | 2,036 | 4.4% |
| Slovakia | 325 | 779 | 554 | 771 | 33.4% |
| Serbia | 614 | 574 | 591 | 561 | -3.0% |
| Netherlands | 1,033 | 921 | 414 | 459 | -23.7% |
| Croatia | 472 | 290 | 577 | 311 | -13.0% |
| Australia | 35.3 | 79.8 | 1,438 | 259 | 94.3% |
| Iran | 137 | 362 | 57.0 | 232 | 19.2% |
| New Zealand | 2.1 | N/A | 381 | 145 | 310.3% |
| Germany | 343 | 51.1 | 35.7 | 105 | -32.6% |
| United States | 6.3 | 49.9 | 6.7 | 36.7 | 79.9% |
| Poland | 317 | 205 | 73.9 | 36.2 | -51.5% |
| France | 109 | 70.9 | 19.5 | 19.3 | -43.8% |
| South Korea | 266 | 5.7 | N/A | N/A | -97.9% |
| Others | 2,790 | 3,114 | 2,684 | 2,262 | -6.8% |
| Total | 8,238 | 8,396 | 9,240 | 7,232 | -4.2% |
Top Export Markets for Seed; Vegetable Seed, of A Kind Used for Sowing from Hungary in 2022:
- Romania (119.8 tons)
- Serbia (29.3 tons)
- Germany (15.7 tons)
- Australia (15.3 tons)
- Netherlands (9.6 tons)
- Slovakia (9.0 tons)
- Croatia (6.8 tons)
- New Zealand (5.3 tons)
- Iran (4.9 tons)
- United States (3.9 tons)
- France (1.2 tons)
- Poland (1.1 tons)
368
This report provides an in-depth analysis of the market for tree, flower and other seeds, fruits and spores for sowing in Hungary.
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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 Hungary.
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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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