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

Contents:

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

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

The average import price for seed; sugar beet seed, of a kind used for sowing stood at $21,085 per ton in 2022, flattening at the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.4% 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 -16.4% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 33% against the previous year. Over the period under review, average import prices hit record highs at $25,224 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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 Germany ($336,875 per ton), while the price for the United Arab Emirates ($1,606 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the amount of seed; sugar beet seed, of a kind used for sowing imported into Iraq contracted dramatically to 2.3 tons, waning by -40.6% on 2021. Overall, imports, however, saw prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 519%. As a result, imports attained the peak of 3.8 tons, and then shrank significantly in the following year.

In value terms, imports of seed; sugar beet seed, of a kind used for sowing reduced notably to $48K in 2022. In general, imports, however, recorded a temperate increase. The growth pace was the most rapid in 2021 when imports increased by 415% against the previous year. As a result, imports reached the peak of $81K, and then reduced dramatically in the following year.

Import of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey11.14.826.514.08.0%
Germany15.65.625.010.8-11.5%
Belgium8.83.820.310.56.1%
Poland1.80.96.04.939.6%
United Arab Emirates3.10.52.81.4-23.3%
Others1.9N/AN/A6.752.2%
Total42.415.680.648.14.3%

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

  1. Turkey (1101.0 kg)
  2. United Arab Emirates (853.0 kg)
  3. Poland (95.0 kg)
  4. Belgium (80.0 kg)
  5. Germany (32.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Seed; sugar beet seed, of a kind used for sowing - Iraq