Czech Republic: Canary Seed Market Overview 2021

Canary Seed Market Size in the Czech Republic

In 2019, the Czech canary seed market decreased by -X% to $X for the first time since 2016, thus ending a two-year rising trend. Over the period under review, consumption enjoyed a strong increase. The growth pace was the most rapid in 2017 when the market value increased by X% year-to-year. Canary seed consumption peaked at $X in 2018, and then declined in the following year.

Canary Seed Production in the Czech Republic

In value terms, canary seed production declined dramatically to $X in 2019 estimated in export prices. In general, production continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Canary seed production peaked at $X in 2018, and then shrank significantly in the following year.

The average yield of canary seed in the Czech Republic stood at X tonnes per ha in 2019, remaining relatively unchanged against 2018 figures. The yield figure increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2012 with an increase of X% y-o-y. Over the period under review, the average canary seed yield hit record highs in 2019 and is expected to retain growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, the harvested area of canary seed in the Czech Republic reached X ha, therefore, remained relatively stable against the previous year. Overall, the harvested area showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. The canary seed harvested area peaked in 2019 and is likely to continue growth in the near future.

Canary Seed Exports

Exports from the Czech Republic

After two years of decline, shipments abroad of canary seed increased by X% to X tonnes in 2019. Over the period under review, exports, however, recorded a abrupt descent. The growth pace was the most rapid in 2009 with an increase of X% y-o-y. Exports peaked at X tonnes in 2012; however, from 2013 to 2019, exports remained at a lower figure.

In value terms, canary seed exports skyrocketed to $X in 2019. Overall, exports, however, continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2009 with an increase of X% against the previous year. Over the period under review, exports hit record highs at $X in 2012; however, from 2013 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Slovakia (X tonnes) was the main destination for canary seed exports from the Czech Republic, with a X% share of total exports. Moreover, canary seed exports to Slovakia exceeded the volume sent to the second major destination, Poland (X kg), more than tenfold.

From 2007 to 2019, the average annual growth rate of volume to Slovakia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-X% per year) and Hungary (X% per year).

In value terms, Slovakia ($X) remains the key foreign market for canary seed exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was occupied by Poland ($X), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of value to Slovakia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-X% per year) and Hungary (X% per year).

Export Prices by Country

The average canary seed export price stood at $X per tonne in 2019, reducing by -X% against the previous year. In general, the export price, however, continues to indicate noticeable growth. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Over the period under review, average export prices attained the maximum at $X per tonne in 2018, and then dropped significantly in the following year.

Average prices varied somewhat for the major export markets. In 2019, the country with the highest price was Poland ($X per tonne), while the average price for exports to Slovakia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Poland, while the prices for the other major destinations experienced more modest paces of growth.

Canary Seed Imports

Imports into the Czech Republic

For the fourth year in a row, the Czech Republic recorded growth in overseas purchases of canary seed, which increased by X% to X tonnes in 2019. Over the period under review, imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Over the period under review, imports reached the maximum in 2019 and are likely to continue growth in the near future.

In value terms, canary seed imports expanded modestly to $X in 2019. Overall, imports posted a noticeable expansion. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. Over the period under review, imports attained the maximum in 2019 and are expected to retain growth in years to come.

Imports by Country

In 2019, Slovakia (X tonnes) constituted the largest canary seed supplier to the Czech Republic, accounting for a X% share of total imports. Moreover, canary seed imports from Slovakia exceeded the figures recorded by the second-largest supplier, Hungary (X tonnes), eightfold. The third position in this ranking was occupied by the Netherlands (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from Slovakia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+X% per year) and the Netherlands (+X% per year).

In value terms, Slovakia ($X) constituted the largest supplier of canary seed to the Czech Republic, comprising X% of total imports. The second position in the ranking was occupied by Hungary ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2007 to 2019, the average annual growth rate of value from Slovakia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (-X% per year) and the Netherlands (+X% per year).

Import Prices by Country

In 2019, the average canary seed import price amounted to $X per tonne, falling by -X% against the previous year. In general, the import price recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2012 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2008; however, from 2009 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Poland ($X per tonne), while the price for Ukraine ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Hungary, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for canary seed in the world?

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The countries with the highest volumes of canary seed consumption in 2019 were Thailand (37K tonnes), Mexico (37K tonnes) and Brazil (29K tonnes), together comprising 39% of global consumption. Belgium, Argentina, Spain, Indonesia, Colombia, Italy, the U.S., Australia, Algeria and Uruguay lagged somewhat behind, together accounting for a further 37%.

What are the largest producers of canary seed in the world?

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The country with the largest volume of canary seed production was Canada (172K tonnes), comprising approx. 64% of total volume. Moreover, canary seed production in Canada exceeded the figures recorded by the second-largest producer, Thailand (37K tonnes), fivefold. The third position in this ranking was occupied by Argentina (27K tonnes), with a 10% share.

What are the leading suppliers of canary seed to the Czech Republic?

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In value terms, Slovakia ($114K) constituted the largest supplier of canary seed to the Czech Republic, comprising 74% of total imports. The second position in the ranking was occupied by Hungary ($15K), with a 10% share of total imports. It was followed by the Netherlands, with a 8.7% share.

What are the leading importers of canary seed from the Czech Republic?

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In value terms, Slovakia ($3.4K) remains the key foreign market for canary seed exports from the Czech Republic, comprising 91% of total exports. The second position in the ranking was occupied by Poland ($262), with a 7.1% share of total exports.

What is the average export price for canary seed in the Czech Republic?

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The average canary seed export price stood at $1,027 per tonne in 2019, waning by -21.8% against the previous year.

What is the average import price for canary seed in the Czech Republic?

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The average canary seed import price stood at $511 per tonne in 2019, which is down by -3.3% against the previous year.