Global Mustard Seed Market 2022

Mustard Seed Market Size

In 2021, after two years of decline, there was significant growth in the global mustard seed market, when its value increased by X% to $X. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. Global consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Mustard Seed Production

In value terms, mustard seed production expanded notably to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, global production attained the peak level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

The countries with the highest volumes of in 2021 were Nepal (X tons), Russia (X tons) and Canada (X tons), together accounting for X% of global production.

From 2012 to 2021, the biggest increases were in Russia (with a CAGR of +X%), while production for the other global leaders experienced more modest paces of growth.

In 2021, the global average mustard seed yield amounted to X tons per ha, remaining stable against the previous year's figure. The yield figure increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when the yield increased by X%. Over the period under review, the average mustard seed yield reached the maximum level in 2021 and is expected to retain growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, approx. X ha of mustard seed were harvested worldwide; surging by X% compared with the previous year's figure. The harvested area increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the harvested area dedicated to mustard seed production attained the peak figure at X ha in 2019; however, from 2020 to 2021, the harvested area stood at a somewhat lower figure.

Production By Country

The countries with the highest volumes of in 2021 were Nepal (X tons), Russia (X tons) and Canada (X tons), with a combined X% share of global production.

From 2012 to 2021, the biggest increases were in Russia (with a CAGR of +X%), while production for the other global leaders experienced more modest paces of growth.

Mustard Seed Exports

Exports

For the fifth consecutive year, the global market recorded growth in overseas shipments of mustard seed, which increased by X% to X tons in 2021. The total export volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by X%. The global exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, mustard seed exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Canada (X tons) and Russia (X tons) represented the major exporters of mustard seedin the world, together reaching approx. X% of total exports. India (X tons) took the next position in the ranking, followed by Germany (X tons) and Belgium (X tons). All these countries together took near X% share of total exports. The United States (X tons), Ukraine (X tons), Uruguay (X tons), Poland (X tons), Kazakhstan (X tons) and the Netherlands (X tons) held a minor share of total exports.

From 2012 to 2021, the biggest increases were in Uruguay (with a CAGR of +X%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest mustard seed supplying countries worldwide were Canada ($X), Russia ($X) and Germany ($X), together accounting for X% of global exports. India, Belgium, Poland, Ukraine, the United States, the Netherlands, Uruguay and Kazakhstan lagged somewhat behind, together accounting for a further X the main exporting countries, Poland, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average mustard seed export price stood at $X per ton in 2021, increasing by X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+X%), while the other global leaders experienced more modest paces of growth.

Mustard Seed Imports

Imports

After three years of growth, overseas purchases of mustard seed decreased by -X% to X tons in 2021. The total import volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Global imports peaked at X tons in 2020, and then reduced slightly in the following year.

In value terms, mustard seed imports reached $X in 2021. The total import value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Global imports peaked in 2021 and are likely to continue growth in years to come.

Imports by Country

The countries with the highest levels of mustard seed imports in 2021 were the United States (X tons), Germany (X tons), France (X tons) and Nepal (X tons), together recording X% of total import. Belgium (X tons) ranks next in terms of the total imports with a X% share, followed by Poland (X%). The Netherlands (X tons), Bangladesh (X tons) and Canada (X tons) held a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Canada (with a CAGR of +X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and France ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined X% share of global imports. Nepal, Belgium, Poland, the Netherlands, Canada and Bangladesh lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average mustard seed import price stood at $X per ton in 2021, growing by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. Global import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Nepal (+X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform