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

Contents:

  1. Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Denmark (CIF) - 2023
  2. Imports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Denmark

Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Denmark (CIF) - 2023

The average import price for seed; sugar beet seed, of a kind used for sowing stood at $107K per ton in November 2023, which is down by -2.4% against the previous month. Overall, the import price, however, continues to indicate a prominent increase. The growth pace was the most rapid in October 2023 when the average import price increased by 2,278% against the previous month. Over the period under review, average import prices reached the peak figure at $111K per ton in December 2022; however, from January 2023 to November 2023, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Belgium.

From November 2022 to November 2023, the rate of growth in terms of prices for France amounted to +10.1% per month.

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

Imports of seed; sugar beet seed, of a kind used for sowing into Denmark contracted to 3.3K tons in 2022, declining by -10.1% against the previous year. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 64%. As a result, imports attained the peak of 3.6K tons, and then contracted in the following year.

In value terms, imports of seed; sugar beet seed, of a kind used for sowing dropped significantly to $21M in 2022. In general, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 4.2%. As a result, imports attained the peak of $26M, and then fell markedly in the following year.

Import of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany8.87.69.38.2-2.3%
France8.13.210.05.0-14.9%
Italy4.53.64.64.82.2%
Others4.410.72.22.9-13.0%
Total25.925.126.221.0-6.8%

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

  1. Italy (1312.6 tons)
  2. France (1302.9 tons)
  3. Germany (580.7 tons)

Source: IndexBox Market Intelligence Platform

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