U.S.: Mustard Seed Market 2024

Mustard Seed Market Size in the U.S.

The U.S. mustard seed market surged to $X in 2022, increasing by X% against the previous year. Overall, the total consumption indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Mustard Seed Production in the U.S.

In value terms, mustard seed production totaled $X in 2022. Over the period under review, production posted a strong increase. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

The average yield of mustard seed in the United States soared to X kg per ha in 2022, growing by X% on the previous year's figure. In general, the yield indicated a slight increase from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mustard seed yield decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2017 to 2022, the growth of the average mustard seed yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The mustard seed harvested area in the United States reached X ha in 2022, approximately mirroring 2021 figures. Over the period under review, the harvested area posted a prominent expansion. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2017 to 2022, the growth of the mustard seed harvested area remained at a lower figure.

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Mustard Seed Exports

Exports from the U.S.

In 2022, overseas shipments of mustard seed increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, mustard seed exports surged to $X in 2022. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2016 when exports increased by X%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Canada (X tons) was the main destination for mustard seed exports from the United States, accounting for a X% share of total exports. Moreover, mustard seed exports to Canada exceeded the volume sent to the second major destination, Mexico (X tons), eightfold. The third position in this ranking was held by Thailand (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Canada amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and Thailand (X% per year).

In value terms, Canada ($X) remains the key foreign market for mustard seed exports from the United States, comprising X% of total exports. The second position in the ranking was taken by Thailand ($X), with a X% share of total exports. It was followed by Mexico, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Canada totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (X% per year) and Mexico (X% per year).

Export Prices by Country

The average mustard seed export price stood at $X per ton in 2022, dropping by X% against the previous year. In general, the export price saw a slight reduction. The most prominent rate of growth was recorded in 2021 an increase of X%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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 France ($X per ton), while the average price for exports to Australia ($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 Uruguay (X.6%), while the prices for the other major destinations experienced mixed trend patterns.

Mustard Seed Imports

Imports into the U.S.

In 2022, supplies from abroad of mustard seed was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, total imports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, mustard seed imports surged to $X in 2022. Over the period under review, total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Canada (X tons) was the main supplier of mustard seed to the United States, with a X% share of total imports. It was followed by India (X tons), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Canada stood at X%.

In value terms, Canada ($X) constituted the largest supplier of mustard seed to the United States, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Canada stood at X%.

Import Prices by Country

In 2022, the average mustard seed import price amounted to $X per ton, stabilizing at the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%).

Source: IndexBox Platform

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