United Kingdom: Canary Seed Market 2023

Canary Seed Market Size in the UK

In 2022, the UK canary seed market was finally on the rise to reach $X after six years of decline. Overall, consumption saw a abrupt decrease. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Canary Seed Production in the UK

In value terms, canary seed production stood at less than $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume decreased by 99.9% against the previous year. Canary seed production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

The average yield of canary seed in the UK totaled less than X kg per ha in 2022, therefore, remained relatively stable against 2021 figures. In general, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of canary seed in the UK was estimated at less than X ha, therefore, remained relatively stable against 2021. Overall, the harvested area continues to indicate a relatively flat trend pattern.

Canary Seed Exports

Exports from the UK

After two years of growth, overseas shipments of canary seed decreased by -17.1% to X tons in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2017 when exports increased by 786%. The exports peaked at X tons in 2021, and then fell rapidly in the following year.

In value terms, canary seed exports dropped modestly to $X in 2022. In general, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2017 when exports increased by 367%. Over the period under review, the exports reached the peak figure at $X in 2021, and then shrank modestly in the following year.

Exports by Country

The Netherlands (X tons), France (X tons) and Belgium (X tons) were the main destinations of canary seed exports from the UK, with a combined 99% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +254.2%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for canary seed exported from the UK were the Netherlands ($X), France ($X) and Belgium ($X), with a combined 98% share of total exports.

In terms of the main countries of destination, the Netherlands, with a CAGR of +189.9%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average canary seed export price amounted to $X per ton, rising by 18% against the previous year. In general, the export price, however, continues to indicate a noticeable setback. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($X per ton), while the average price for exports to the Netherlands ($X 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 Belgium (+26.8%), while the prices for the other major destinations experienced more modest paces of growth.

Canary Seed Imports

Imports into the UK

For the fourth year in a row, the UK recorded decline in supplies from abroad of canary seed, which decreased by -89% to X tons in 2022. Overall, imports saw a precipitous shrinkage. The pace of growth appeared the most rapid in 2013 when imports increased by 274% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, canary seed imports declined sharply to $X in 2022. In general, imports saw a sharp setback. The pace of growth appeared the most rapid in 2018 when imports increased by 206%. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, India (X tons) constituted the largest supplier of canary seed to the UK, accounting for a 69% share of total imports. Moreover, canary seed imports from India exceeded the figures recorded by the second-largest supplier, Hungary (X tons), fivefold. Belgium (X tons) ranked third in terms of total imports with a 9.5% share.

From 2012 to 2022, the average annual growth rate of volume from India stood at -9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (-22.4% per year) and Belgium (-46.4% per year).

In value terms, India ($X) constituted the largest supplier of canary seed to the UK, comprising 69% of total imports. The second position in the ranking was held by Hungary ($X), with a 15% share of total imports. It was followed by Belgium, with a 7.8% share.

From 2012 to 2022, the average annual growth rate of value from India stood at +6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (-7.4% per year) and Belgium (-43.4% per year).

Import Prices by Country

In 2022, the average canary seed import price amounted to $X per ton, increasing by 198% against the previous year. In general, the import price continues to indicate a resilient increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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