Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Austria - 2023

Contents:

  1. Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Austria (CIF) - 2022
  2. Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Austria (FOB) - 2022
  3. Imports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Austria
  4. Exports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Austria

Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Austria (CIF) - 2022

The average import price for seed; sugar beet seed, of a kind used for sowing stood at $107,982 per ton in 2022, which is down by -6.4% against the previous year. Overall, the import price, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 143%. Over the period under review, average import prices attained the peak figure at $115,307 per ton in 2021, and then dropped in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($109,612 per ton), while the price for Belgium ($92,271 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Austria (FOB) - 2022

In 2022, the average export price for seed; sugar beet seed, of a kind used for sowing amounted to $4,678 per ton, waning by -28.5% against the previous year. In general, the export price continues to indicate a slight shrinkage. The growth pace was the most rapid in 2020 when the average export price increased by 59% against the previous year. As a result, the export price attained the peak level of $6,789 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($5,004 per ton), while the average price for exports to Germany stood at $4,010 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+1.6%).

Imports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Austria

Imports of seed; sugar beet seed, of a kind used for sowing into Austria soared to 167 tons in 2022, with an increase of 50% on the previous year's figure. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 465%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, imports of seed; sugar beet seed, of a kind used for sowing surged to $18M in 2022. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 484% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.20.612.316.3333.6%
BelgiumN/AN/A0.31.4366.7%
Denmark0.2N/A0.20.314.5%
FranceN/A1.6N/AN/A0%
OthersN/AN/AN/AN/A0%
Total0.42.212.818.0255.7%

Top Suppliers of Seed; Sugar Beet Seed, of A Kind Used for Sowing to Austria in 2022:

  1. Germany (148.4 tons)
  2. Belgium (15.5 tons)
  3. Denmark (2.7 tons)

Exports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Austria

In 2022, the amount of seed; sugar beet seed, of a kind used for sowing exported from Austria soared to 792 tons, increasing by 72% against the year before. Over the period under review, exports saw buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of seed; sugar beet seed, of a kind used for sowing skyrocketed to $3.7M in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +9.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.0% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 33% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Export of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium1.71.10.62.29.0%
Germany0.90.32.31.415.9%
Others0.10.9N/A0.10.0%
Total2.82.33.03.79.7%

Top Export Markets for Seed; Sugar Beet Seed, of A Kind Used for Sowing from Austria in 2022:

  1. Belgium (436.8 tons)
  2. Germany (346.3 tons)

Source: IndexBox Market Intelligence Platform

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