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

Global Mustard Seed Market Overview 2019

Mustard Seed Market Size

The global mustard seed market revenue amounted to $X in 2017, going down by -X% against the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2008, when market value increased by X% year-to-year. In that year, the global mustard seed market attained their peak level of $X. From 2009 to 2017, growth of the global mustard seed market stood at a somewhat lower level.

Mustard Seed Production

In 2017, the amount of mustard seed produced worldwide stood at X tonnes, waning by -X% against the previous year. Overall, mustard seed production continues to indicate a temperate reduction. The growth pace was the most rapid in 2016, with an increase of X% y-o-y. Over the period under review, the global mustard seed production reached its maximum volume of X tonnes in 2008; however, from 2009 to 2017, it failed to regain its momentum. The general negative trend in terms of mustard seed output was largely conditioned by a moderate drop of the harvested area and a temperate downturn in yield figures.

The countries with the highest volumes of mustard seed production in 2017 were Nepal (X tonnes), Russia (X tonnes) and India (X tonnes), with a combined X% share of global production.

From 2007 to 2017, the most notable rate of growth in terms of mustard seed production, amongst the main producing countries, was attained by Russia (+X% per year), while the other global leaders experienced more modest paces of growth.

Global average mustard seed yield totaled X kg per ha in 2017, approximately equating the previous year. In general, mustard seed yield continues to indicate a measured deduction. The pace of growth appeared the most rapid in 2011, with an increase of X% year-to-year. Over the period under review, the average mustard seed yield reached its maximum level of X tonne per ha in 2007; however, from 2008 to 2017, it stood at a somewhat lower level. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2017, the global harvested area of mustard seed totaled X ha, falling by -X% against the previous year. Overall, mustard seed harvested area continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014, when harvested area increased by X% year-to-year. In that year, the global mustard seed harvested area attained their peak figure of X ha. From 2015 to 2017, growth of the global mustard seed harvested area failed to regain its momentum.

Mustard Seed Exports

Exports 2007-2017

In 2017, the global exports of mustard seed stood at X tonnes, coming up by X% against the previous year. The total export volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2008, when exports increased by X% y-o-y. In that year, the global mustard seed exports reached their peak volume of X tonnes. From 2009 to 2017, growth of the global mustard seed exports failed to regain its momentum.

In value terms, mustard seed exports amounted to $X in 2017. In general, the total exports indicated a strong expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. In that year, the global mustard seed exports reached their peak level of $X. From 2009 to 2017, growth of the global mustard seed exports failed to regain its momentum.

Exports by Country

Canada was the main exporting country with an export of about X tonnes, which amounted to X% of total exports. Russia (X tonnes) ranks second in terms of the global exports with a X% share, followed by Germany (X%), Ukraine (X%) and India (X%). The following exporters - the Czech Republic (X tonnes), Belgium (X tonnes), Kazakhstan (X tonnes), the Netherlands (X tonnes) and the U.S. (X tonnes) together made up X% of total exports.

Exports from Canada decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Kazakhstan (+X%), Russia (+X%), the U.S. (+X%), Ukraine (+X%), the Netherlands (+X%), Germany (+X%) and the Czech Republic (+X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. Belgium and India experienced a relatively flat trend pattern. While the share of Canada (X%) increased significantly in terms of the global exports from 2007-2017, the share of the Netherlands (-X%), the U.S. (-X%), Kazakhstan (-X%), Germany (-X%), Ukraine (-X%) and Russia (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2017, the average annual growth rate of value in Canada was relatively modest. In the other countries, the average annual rates were as follows: Germany (+X% per year) and Russia (+X% per year).

Export Prices by Country

In 2017, the average mustard seed export price amounted to $X per tonne, approximately equating the previous year. Over the last decade, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008, when it surged by X% year-to-year. Over the period under review, the average export prices for mustard seed attained its peak figure level of $X per tonne in 2009; however, from 2010 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was the Netherlands ($X per tonne), while Kazakhstan ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Russia (+X% per year), while the other global leaders experienced more modest paces of growth.

Mustard Seed Imports

Imports 2007-2017

Global imports amounted to X tonnes in 2017, remaining relatively unchanged against the previous year. In general, mustard seed imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010, when imports increased by X% y-o-y. Over the period under review, the global mustard seed imports reached its peak figure volume of X tonnes in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, mustard seed imports stood at $X in 2017. Overall, the total imports indicated a remarkable increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the mustard seed imports decreased by -X% against 2014 indices. In that year, the global mustard seed imports reached their peak level of $X. From 2009 to 2017, growth of the global mustard seed imports stood at a somewhat lower level.

Imports by Country

The U.S. (X tonnes) and Germany (X tonnes) represented roughly X% of total imports of mustard seed in 2017. France (X tonnes) occupied a X% share (based on tonnes) of total imports, which put it in second place, followed by Nepal (X%), the Netherlands (X%) and Poland (X%). Bangladesh (X tonnes), Belgium (X tonnes), Canada (X tonnes) and Japan (X tonnes) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Canada (+X% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the largest mustard seed markets worldwide were the U.S. ($X), Germany ($X) and France ($X), with a combined X% share of global imports. The Netherlands, Belgium, Nepal, Poland, Bangladesh, Japan and Canada lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Nepal (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2017, the average mustard seed import price amounted to $X per tonne, surging by X% against the previous year. In general, the import price indicated a conspicuous expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the mustard seed import price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2008, when it surged by X% y-o-y. In that year, the average import prices for mustard seed reached their peak level of $X per tonne. From 2009 to 2017, growth of the average import prices for mustard seed failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was France ($X per tonne), while Canada ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Bangladesh (+X% per year), while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform