Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Canada - 2024
Contents:
- Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Canada (CIF) - 2022
- Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Canada (FOB) - 2022
- Imports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Canada
- Exports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Canada
Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Canada (CIF) - 2022
In 2022, the average import price for seed; sugar beet seed, of a kind used for sowing amounted to $91,454 per ton, reducing by -4.2% against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for seed; sugar beet seed, of a kind used for sowing decreased by -15.6% against 2018 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by 81% against the previous year. The import price peaked at $108,396 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($93,297 per ton), while the price for New Zealand totaled $53,142 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.8%), while the prices for the other major suppliers experienced a decline.
Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Canada (FOB) - 2022
In 2022, the average export price for seed; sugar beet seed, of a kind used for sowing amounted to $7,827 per ton, almost unchanged from the previous year. Overall, the export price, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 126%. Over the period under review, the average export prices attained the peak figure at $7,906 per ton in 2021, and then fell slightly in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($21,133 per ton), while the average price for exports to Norway ($1,797 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+28.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Canada
In 2022, purchases abroad of seed; sugar beet seed, of a kind used for sowing decreased by -8.4% to 86 tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +12.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 46% against the previous year.
In value terms, imports of seed; sugar beet seed, of a kind used for sowing contracted to $7.8M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +8.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -14.3% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 50% against the previous year. As a result, imports attained the peak of $9.1M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.9 | 8.3 | 8.7 | 7.7 | 9.3% |
| New Zealand | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| United Kingdom | N/A | 0.7 | N/A | N/A | 0% |
| Others | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Total | 6.1 | 9.1 | 8.9 | 7.8 | 8.5% |
Top Suppliers of Seed; Sugar Beet Seed, of A Kind Used for Sowing to Canada in 2022:
- United States (82.2 tons)
- New Zealand (2.2 tons)
Exports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Canada
Exports of seed; sugar beet seed, of a kind used for sowing from Canada contracted significantly to 46 tons in 2022, shrinking by -49.4% against the previous year's figure. In general, exports, however, saw a significant increase. The growth pace was the most rapid in 2021 when exports increased by 21,542%. As a result, the exports reached the peak of 91 tons, and then dropped markedly in the following year.
In value terms, exports of seed; sugar beet seed, of a kind used for sowing plummeted to $360K in 2022. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 45,328% against the previous year. As a result, the exports attained the peak of $719K, and then dropped rapidly in the following year.
| Export of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.0 | 0.8 | 6.1 | 217 | 214.1% |
| United Kingdom | 0.7 | 0.2 | 1.6 | 61.8 | 345.3% |
| Netherlands | 2.5 | 0.2 | 1.7 | 53.3 | 177.3% |
| Germany | 0.4 | 0.2 | 0.1 | 25.1 | 297.4% |
| Norway | 0.1 | N/A | 0.1 | 2.5 | 192.4% |
| Japan | 36.0 | N/A | N/A | N/A | 0% |
| Cuba | N/A | N/A | 709 | N/A | 0% |
| Others | N/A | 0.2 | 0.1 | 0.1 | -29.3% |
| Total | 46.7 | 1.6 | 719 | 360 | 97.5% |
Top Export Markets for Seed; Sugar Beet Seed, of A Kind Used for Sowing from Canada in 2022:
- United Kingdom (17.4 tons)
- Netherlands (14.8 tons)
- United States (10.3 tons)
- Germany (2.0 tons)
- Norway (1.4 tons)
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