World - Mustard Seed - Market Analysis, Forecast, Size, Trends and Insights

Global Mustard Seed Market Overview 2020

Mustard Seed Market Size

The global mustard seed market revenue amounted to $X in 2018, growing by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. The global mustard seed consumption peaked at $X in 2014; however, from 2015 to 2018, consumption failed to regain its momentum.

Mustard Seed Production

In value terms, mustard seed production totaled $X in 2018 estimated in export prices. Overall, the total output indicated a prominent expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, mustard seed production increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2008 when production volume increased by X% year-to-year. Over the period under review, global mustard seed production attained its peak figure level at $X in 2014; however, from 2015 to 2018, production stood at a somewhat lower figure.

The countries with the highest volumes of mustard seed production in 2018 were Canada (X tonnes), Nepal (X tonnes) and Russia (X tonnes), together comprising X% of global production.

From 2007 to 2018, the most notable rate of growth in terms of mustard seed production, amongst the main producing countries, was attained by Russia, while mustard seed production for the other global leaders experienced more modest paces of growth.

In 2018, the global average mustard seed yield amounted to X tonne per ha, dropping by -X% against the previous year. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, the average mustard seed yield attained its peak figure level at X tonne per ha in 2017, and then declined slightly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the global harvested area of mustard seed stood at X ha, rising by X% against the previous year. In general, the mustard seed harvested area continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when harvested area increased by X% y-o-y. In that year, the global mustard seed harvested area reached its peak level of X ha. From 2015 to 2018, the growth of the global mustard seed harvested area failed to regain its momentum.

Production By Country

The countries with the highest volumes of mustard seed production in 2018 were Canada (X tonnes), Nepal (X tonnes) and Russia (X tonnes), with a combined X% share of global production.

From 2007 to 2018, the most notable rate of growth in terms of mustard seed production, amongst the main producing countries, was attained by Russia, while mustard seed production for the other global leaders experienced more modest paces of growth.

Mustard Seed Exports

Exports 2007-2018

Global exports totaled X tonnes in 2018, jumping by X% against the previous year. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations over the period under review. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. The global exports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, mustard seed exports stood at $X in 2018. The total export value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, global mustard seed exports attained their peak figure at $X in 2014; however, from 2015 to 2018, exports remained at a lower figure.

Exports by Country

Canada was the largest exporter of mustard seed exported in the world, with the volume of exports recording X tonnes, which was near X% of total exports in 2018. Russia (X tonnes) held the second position in the ranking, distantly followed by Germany (X tonnes), India (X tonnes), Ukraine (X tonnes) and the U.S. (X tonnes). All these countries together occupied near X% share of total exports. The Czech Republic (X tonnes) held a relatively small share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Russia, while exports for the other global leaders experienced more modest paces of growth.

In value terms, Canada ($X) remains the largest mustard seed supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by Russia ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

In Canada, mustard seed exports remained relatively stable over the period from 2007-2018. In the other countries, the average annual rates were as follows: Russia (+X% per year) and Germany (+X% per year).

Export Prices by Country

In 2018, the average mustard seed export price amounted to $X per tonne, rising by X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. The global export price peaked at $X per tonne in 2009; however, from 2010 to 2018, export prices stood at a somewhat lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Canada, while the other global leaders experienced more modest paces of growth.

Mustard Seed Imports

Imports 2007-2018

Global imports stood at X tonnes in 2018, going up by X% against the previous year. The total import volume increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. In that year, global mustard seed imports reached their peak of X tonnes. From 2016 to 2018, the growth of global mustard seed imports remained at a somewhat lower figure.

In value terms, mustard seed imports totaled $X in 2018. Overall, the total imports indicated a buoyant expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, mustard seed imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. In that year, global mustard seed imports reached their peak of $X. From 2009 to 2018, the growth of global mustard seed imports failed to regain its momentum.

Imports by Country

The U.S. (X tonnes) and Germany (X tonnes) represented roughly X% of total imports of mustard seed in 2018. France (X tonnes) took a X% share (based on tonnes) of total imports, which put it in second place, followed by Bangladesh (X%), Nepal (X%), Poland (X%), the Netherlands (X%) and Belgium (X%). The following importers - Japan (X tonnes), Hungary (X tonnes) and the UK (X tonnes) - each accounted for a X% share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Hungary, while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest mustard seed importing markets worldwide were the U.S. ($X), Germany ($X) and France ($X), together comprising X% of global imports. The Netherlands, Belgium, Poland, Bangladesh, Nepal, the UK, Japan and Hungary lagged somewhat behind, together comprising a further X terms of the main importing countries, Hungary experienced the highest rates of growth with regard to market size, over the period under review, while imports for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average mustard seed import price amounted to $X per tonne, jumping by X% against the previous year. In general, the import price indicated measured growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, mustard seed import price increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2008 when the average import price increased by X% against the previous year. Over the period under review, the average import prices for mustard seed reached their peak figure at $X per tonne in 2009; however, from 2010 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the UK ($X per tonne), while Bangladesh ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform