Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Finland - 2023

Contents:

  1. Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Finland (CIF) - 2023
  2. Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Finland (FOB) - 2022
  3. Imports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Finland
  4. Exports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Finland

Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Finland (CIF) - 2023

The average import price for seeds, fruit and spores; of a kind used for sowing stood at $10,158 per ton in September 2023, growing by 54% against the previous month. In general, the import price, however, recorded a noticeable curtailment. The most prominent rate of growth was recorded in April 2023 an increase of 144% m-o-m. Over the period under review, average import prices hit record highs at $20,207 per ton in December 2022; however, from January 2023 to September 2023, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Switzerland.

From November 2022 to September 2023, the rate of growth in terms of prices for Hungary amounted to +71.6% per month.

Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Finland (FOB) - 2022

The average export price for seeds, fruit and spores; of a kind used for sowing stood at $5,532 per ton in 2022, waning by -25.8% against the previous year. In general, the export price continues to indicate a deep downturn. The growth pace was the most rapid in 2016 when the average export price increased by 175% against the previous year. As a result, the export price attained the peak level of $23,983 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($34,870 per ton), while the average price for exports to Sweden ($2,052 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 Estonia (+0.7%), while the prices for the other major destinations experienced a decline.

Imports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Finland

In 2022, approx. 5.7K tons of seeds, fruit and spores; of a kind used for sowing were imported into Finland; rising by 34% compared with the previous year. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +15.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.1% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of seeds, fruit and spores; of a kind used for sowing rose markedly to $37M in 2022. The total import value increased at an average annual rate of +11.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Seeds, Fruit and Spores; of A Kind Used for Sowing in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands8.09.511.111.813.8%
Denmark5.56.07.38.113.8%
Sweden5.36.45.77.512.3%
Germany4.75.35.55.66.0%
Estonia0.30.60.41.049.4%
Lithuania0.30.30.50.732.6%
Czech Republic0.20.10.10.314.5%
Hungary0.10.20.20.344.2%
Canada0.9N/A0.1N/A-66.7%
Others1.41.71.31.76.7%
Total26.630.132.236.911.5%

Top Suppliers of Seeds, Fruit and Spores; of A Kind Used for Sowing to Finland in 2022:

  1. Denmark (1947.9 tons)
  2. Sweden (999.2 tons)
  3. Germany (919.1 tons)
  4. Netherlands (713.1 tons)
  5. Czech Republic (341.0 tons)
  6. Estonia (299.4 tons)
  7. Lithuania (183.6 tons)
  8. Hungary (150.4 tons)
  9. Canada (0.4 tons)

Exports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Finland

For the fourth consecutive year, Finland recorded growth in overseas shipments of seeds, fruit and spores; of a kind used for sowing, which increased by 103% to 456 tons in 2022. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 144% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of seeds, fruit and spores; of a kind used for sowing surged to $2.5M in 2022. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 89% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the near future.

Export of Seeds, Fruit and Spores; of A Kind Used for Sowing in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden14629977569568.2%
GermanyN/A9.015.5467620.3%
Canada3.04.04.4365395.5%
Estonia3132774113453.3%
Russia53.018411427072.1%
BelarusN/AN/AN/A1600%
Others10111435721929.4%
Total6168861,6762,52059.9%

Top Export Markets for Seeds, Fruit and Spores; of A Kind Used for Sowing from Finland in 2022:

  1. Sweden (338.7 tons)
  2. Canada (53.8 tons)
  3. Germany (24.3 tons)
  4. Russia (13.9 tons)
  5. Estonia (9.9 tons)
  6. Belarus (7.0 tons)

Source: IndexBox Market Intelligence Platform

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