Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Hong Kong SAR - 2022

Contents:

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

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

The average import price for seed; sugar beet seed, of a kind used for sowing stood at $75,372 per ton in 2022, declining by -17.9% against the previous year. Over the period under review, the import price, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 466%. Over the period under review, average import prices reached the peak figure at $91,833 per ton in 2021, and then reduced dramatically in the following year.

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 UK ($512,667 per ton), while the price for the United States ($50,845 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+28.4%), 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 Hong Kong SAR

Imports of seed; sugar beet seed, of a kind used for sowing into Hong Kong SAR amounted to 78 kg in 2022, stabilizing at the previous year's figure. Over the period under review, imports recorded a dramatic downturn. The smallest decline of -22% was in 2021.

In value terms, imports of seed; sugar beet seed, of a kind used for sowing shrank rapidly to $5.9K in 2022. Overall, imports recorded a sharp contraction. The growth pace was the most rapid in 2021 with an increase of 56%.

Import of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States25.03.24.23.6-47.6%
United Kingdom4.50.81.31.5-30.7%
Australia3.90.71.60.7-43.6%
Others4.6N/AN/AN/A0%
Total38.04.67.25.9-46.3%

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

  1. United States (71.0 kg)
  2. Australia (4.0 kg)
  3. United Kingdom (3.0 kg)

Source: IndexBox Market Intelligence Platform

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