Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Ecuador - 2022

Contents:

  1. Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Ecuador (CIF) - 2022
  2. Imports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Ecuador

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

The average import price for seed; sugar beet seed, of a kind used for sowing stood at $231,041 per ton in 2022, with an increase of 21% against the previous year. In general, the import price recorded significant growth. The growth pace was the most rapid in 2013 when the average import price increased by 78%. The import price peaked in 2022 and is likely to continue growth in the immediate term.

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 France ($273,803 per ton), while the price for the Netherlands ($88,138 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+22.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Imports of seed; sugar beet seed, of a kind used for sowing into Ecuador dropped to 2.5 tons in 2022, almost unchanged from 2021 figures. Overall, imports showed a slight shrinkage.

In value terms, imports of seed; sugar beet seed, of a kind used for sowing surged to $581K in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +19.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.9% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 19% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France31837444051517.4%
United States21.530.442.960.341.0%
Netherlands3.13.84.75.722.5%
OthersN/AN/AN/AN/A0%
Total34240848758119.3%

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

  1. France (1882.0 kg)
  2. United States (569.0 kg)
  3. Netherlands (65.0 kg)

Source: IndexBox Market Intelligence Platform

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