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

Contents:

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

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

In September 2023, the average import price for seeds, fruit and spores; of a kind used for sowing amounted to $3,750 per ton, waning by -14.2% against the previous month. Over the period under review, the import price, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in April 2023 an increase of 367% against the previous month. The import price peaked at $6,610 per ton in June 2023; however, from July 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 October 2022 to September 2023, the rate of growth in terms of prices for Denmark amounted to +14.1% per month.

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

In 2022, the average export price for seeds, fruit and spores; of a kind used for sowing amounted to $2,285 per ton, approximately equating the previous year. Over the period under review, the export price, however, recorded a perceptible slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by 17% against the previous year. Over the period under review, the average export prices attained the maximum at $3,790 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($3,485 per ton), while the average price for exports to the Netherlands ($1,247 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 the UK (+6.9%), while the prices for the other major destinations experienced a decline.

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

After two years of decline, overseas purchases of seeds, fruit and spores; of a kind used for sowing increased by 7.4% to 1.6K tons in 2022. In general, imports continue to indicate a relatively flat trend pattern. As a result, imports attained 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 notably to $5.3M in 2022. The total import value increased at an average annual rate of +6.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 when imports increased by 15%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

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

1. Germany (918.6 tons)
2. Belgium (257.3 tons)
3. Netherlands (202.3 tons)
4. France (107.0 tons)
5. Poland (90.5 tons)

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

In 2022, the amount of seeds, fruit and spores; of a kind used for sowing exported from Luxembourg reached 1.4K tons, growing by 8.9% compared with 2021 figures. The total export volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 18%. As a result, the exports reached the peak of 1.5K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of seeds, fruit and spores; of a kind used for sowing stood at $3.1M in 2022. The total export value increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Netherlands (587.9 tons)
2. Belgium (326.2 tons)
3. Germany (310.5 tons)
4. France (97.8 tons)
5. Hungary (25.0 tons)
6. United Kingdom (20.9 tons)

Source: IndexBox Market Intelligence Platform