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

Contents:

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

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

In 2022, the average import price for seeds, fruit and spores; of a kind used for sowing amounted to $5,509 per ton, falling by -12% against the previous year. Over the period under review, the import price continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 237%. The import price peaked at $51,669 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($73,796 per ton), while the price for New Zealand ($1,506 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for seeds, fruit and spores; of a kind used for sowing amounted to $3,763 per ton, shrinking by -4.4% against the previous year. In general, the export price showed a noticeable setback. The most prominent rate of growth was recorded in 2016 when the average export price increased by 406% against the previous year. Over the period under review, the average export prices reached the maximum at $43,647 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($45,800 per ton), while the average price for exports to Italy ($1,974 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 China (+26.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 7.7K tons of seeds, fruit and spores; of a kind used for sowing were imported into Hungary; picking up by 29% on the previous year's figure. In general, imports showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 108%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of seeds, fruit and spores; of a kind used for sowing amounted to $42M in 2022. The total import value increased at an average annual rate of +9.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 28% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Seeds, Fruit and Spores; of A Kind Used for Sowing in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands13.412.313.713.50.2%
Germany6.06.97.57.78.7%
Italy3.11.63.86.528.0%
Czech Republic3.01.92.22.7-3.5%
Slovakia1.51.01.81.86.3%
Romania0.70.10.31.426.0%
UkraineN/A0.1N/A1.2246.4%
France0.40.51.00.931.0%
Serbia0.20.10.10.751.8%
Poland0.50.30.70.50.0%
Austria0.30.80.30.410.1%
Denmark0.10.10.40.344.2%
New Zealand0.10.30.40.344.2%
Others2.93.25.14.414.9%
Total32.129.137.342.29.5%

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

  1. Germany (1719.1 tons)
  2. Italy (1600.5 tons)
  3. Czech Republic (954.7 tons)
  4. Slovakia (871.9 tons)
  5. Ukraine (521.8 tons)
  6. Romania (315.9 tons)
  7. Poland (309.0 tons)
  8. France (186.7 tons)
  9. Netherlands (182.7 tons)
  10. New Zealand (171.7 tons)
  11. Serbia (160.1 tons)
  12. Austria (159.0 tons)
  13. Denmark (147.8 tons)

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

After three years of growth, overseas shipments of seeds, fruit and spores; of a kind used for sowing decreased by -0.4% to 7.1K tons in 2022. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 492% against the previous year.

In value terms, exports of seeds, fruit and spores; of a kind used for sowing shrank to $27M in 2022. Overall, exports showed a noticeable descent. The pace of growth was the most pronounced in 2021 with an increase of 22% against the previous year.

Export of Seeds, Fruit and Spores; of A Kind Used for Sowing in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany7.15.26.07.0-0.5%
Romania3.32.52.92.6-7.6%
Italy3.12.63.92.6-5.7%
Slovakia1.61.62.22.211.2%
Netherlands1.81.81.42.15.3%
France2.81.22.12.0-10.6%
Austria0.71.41.51.631.7%
Slovenia0.50.50.50.4-7.2%
Others8.06.27.56.1-8.6%
Total29.223.028.126.7-2.9%

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

  1. Germany (2801.3 tons)
  2. Italy (1337.5 tons)
  3. France (863.6 tons)
  4. Austria (615.5 tons)
  5. Slovakia (446.4 tons)
  6. Netherlands (263.6 tons)
  7. Slovenia (207.3 tons)
  8. Romania (195.9 tons)

Source: IndexBox Market Intelligence Platform

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