Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Hungary - 2023
Contents:
- Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Hungary (CIF) - 2022
- Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Hungary (FOB) - 2022
- Imports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Hungary
- Exports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Hungary
Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Hungary (CIF) - 2022
In 2022, the average import price for seed; sugar beet seed, of a kind used for sowing amounted to $97,784 per ton, picking up by 2.1% against the previous year. In general, the import price saw a buoyant expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 32% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($106,288 per ton), while the price for Germany stood at $90,441 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+6.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Hungary (FOB) - 2022
The average export price for seed; sugar beet seed, of a kind used for sowing stood at $11,197 per ton in 2022, with an increase of 3.7% against the previous year. Overall, the export price, however, recorded a abrupt slump. The pace of growth was the most pronounced in 2021 when the average export price increased by 23% against the previous year. The export price peaked at $22,625 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($11,201 per ton), while the average price for exports to Slovakia stood at $10,846 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+4.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Hungary
After three years of growth, supplies from abroad of seed; sugar beet seed, of a kind used for sowing decreased by -19.1% to 32 tons in 2022. Overall, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 69% against the previous year.
In value terms, imports of seed; sugar beet seed, of a kind used for sowing fell notably to $3.1M in 2022. In general, imports, however, posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 123%.
| Import of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 0.6 | 0.6 | 1.3 | 1.6 | 38.7% |
| Germany | 0.4 | 1.6 | 2.5 | 1.5 | 55.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.0 | 2.2 | 3.7 | 3.1 | 45.8% |
Top Suppliers of Seed; Sugar Beet Seed, of A Kind Used for Sowing to Hungary in 2022:
- Germany (17.0 tons)
- Belgium (14.7 tons)
Exports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Hungary
After three years of growth, overseas shipments of seed; sugar beet seed, of a kind used for sowing decreased by -96.5% to 1.3 tons in 2022. In general, exports saw a sharp decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 24% against the previous year. As a result, the exports reached the peak of 38 tons, and then fell remarkably in the following year.
In value terms, exports of seed; sugar beet seed, of a kind used for sowing shrank markedly to $15K in 2022. Over the period under review, exports recorded a precipitous contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 52%. As a result, the exports attained the peak of $409K, and then shrank significantly in the following year.
| Export of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 21.5 | 21.8 | 22.3 | 14.8 | -11.7% |
| Slovakia | 0.1 | 0.1 | 387 | 0.1 | 0.0% |
| Egypt | 245 | 246 | N/A | N/A | 0.4% |
| Others | N/A | 1.9 | N/A | N/A | 0% |
| Total | 266 | 269 | 409 | 14.9 | -61.7% |
Top Export Markets for Seed; Sugar Beet Seed, of A Kind Used for Sowing from Hungary in 2022:
- Romania (1320.0 kg)
- Slovakia (13.0 kg)
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