Global Mustard Seed Market 2022

Mustard Seed Market Size

The global mustard seed market expanded remarkably to $X in 2021, rising by X% against the previous year. The market value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the global market failed to regain momentum.

Mustard Seed Production

In value terms, mustard seed production stood at $X in 2021 estimated in export prices. The total output 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. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% y-o-y. As a result, production reached the peak level of $X. From 2015 to 2021, global production growth remained at a somewhat lower figure.

The countries with the highest volumes of mustard seed production in 2021 were Nepal (X tonnes), Russia (X tonnes) and Canada (X tonnes), together comprising X% of global production.

From 2012 to 2021, the most notable rate of growth in terms of mustard seed production, amongst the main producing countries, was attained by Russia (+X%), while mustard seed production for the other global leaders experienced more modest paces of growth.

In 2021, the global average mustard seed yield reached X tonnes per ha, remaining relatively unchanged against 2020. The yield figure increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of X% year-to-year. The global yield peaked in 2021 and is expected to retain growth in years to come. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The global mustard seed harvested area stood at X ha in 2021, surging by X% against the previous year's figure. The harvested area increased at an average annual rate of +X% 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% y-o-y. The global harvested area peaked at X ha in 2019; however, from 2020 to 2021, the harvested area failed to regain momentum.

Production By Country

The countries with the highest volumes of mustard seed production in 2021 were Nepal (X tonnes), Russia (X tonnes) and Canada (X tonnes), together comprising X% of global production.

From 2012 to 2021, the biggest increases were in Russia (+X%), while mustard seed 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 shipments abroad of mustard seed, which increased by X% to X tonnes in 2021. The total export 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 growth pace was the most rapid in 2020 with an increase of X% year-to-year. Over the period under review, the global exports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, mustard seed exports surged 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

Canada (X tonnes) and Russia (X tonnes) represented roughly X% of total exports of mustard seed in 2021. It was distantly followed by India (X tonnes), Germany (X tonnes) and Belgium (X tonnes), together generating a X% share of total exports. The United States (X tonnes), Ukraine (X tonnes), Uruguay (X tonnes), Poland (X tonnes), Kazakhstan (X tonnes) and the Netherlands (X tonnes) occupied a relatively small share of total exports.

From 2012 to 2021, the biggest increases were in Uruguay (+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 India ($X), together comprising X% of global exports. These countries were followed by Germany, Belgium, Poland, Ukraine, the United States, the Netherlands, Uruguay and Kazakhstan, which together accounted for a further X the main exporting countries, Poland, with a CAGR of +X%, recorded 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

In 2021, the average mustard seed export price amounted to $X per tonne, increasing by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The global export price peaked at $X per tonne 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 ($X per tonne), while Kazakhstan ($X per tonne) 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

In 2021, purchases abroad of mustard seed decreased by -X% to X tonnes for the first time since 2016, thus ending a four-year rising trend. 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 pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. Global imports peaked at X tonnes in 2020, and then contracted in the following year.

In value terms, mustard seed imports rose significantly to $X in 2021. The total import value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, global imports attained the maximum in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, the United States (X tonnes), Germany (X tonnes), France (X tonnes) and Nepal (X tonnes) was the major importer of mustard seed in the world, committing X% of total import. It was distantly followed by Belgium (X tonnes) and Poland (X tonnes), together generating a X% share of total imports. The Netherlands (X tonnes), Bangladesh (X tonnes), Canada (X tonnes) and Brazil (X tonnes) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Canada (+X%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest mustard seed importing markets worldwide were the United States ($X), Germany ($X) and France ($X), with a combined X% share of global imports. These countries were followed by Nepal, Belgium, Poland, the Netherlands, Brazil, Canada and Bangladesh, which together accounted for a further X the main importing countries, Canada, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, 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 tonne in 2021, jumping by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. Global import price peaked at $X per tonne in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the Netherlands ($X per tonne), while Bangladesh ($X per tonne) 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