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

Contents:

  1. Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Japan (CIF) - 2022
  2. Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Japan (FOB) - 2022
  3. Imports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Japan
  4. Exports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Japan

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

In 2022, the average import price for seed; sugar beet seed, of a kind used for sowing amounted to $83,091 per ton, with a decrease of -10.2% against the previous year. In general, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.0% 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 -10.4% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 24% against the previous year. Over the period under review, average import prices hit record highs at $92,748 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 Italy ($119,755 per ton), while the price for South Korea ($22,051 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for seed; sugar beet seed, of a kind used for sowing stood at $40,000 per ton in 2022, remaining relatively unchanged against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price decreased by 99.9% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($223,667 per ton), while the average price for exports to Sweden ($13,000 per ton) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (-52.2%).

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

For the third consecutive year, Japan recorded decline in overseas purchases of seed; sugar beet seed, of a kind used for sowing, which decreased by -52% to 28 tons in 2022. Overall, imports saw a dramatic shrinkage. The smallest decline of -0.9% was in 2021.

In value terms, imports of seed; sugar beet seed, of a kind used for sowing contracted sharply to $2.3M in 2022. In general, imports faced a dramatic curtailment. The pace of growth was the most pronounced in 2020 with an increase of 4.3%. As a result, imports attained the peak of $5.4M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy2,8323,8314,6561,257-23.7%
France2,1451,381439698-31.2%
United States35.756.988.516165.2%
Germany95.91031161084.0%
South Korea2.8N/A12.666.2187.0%
New Zealand38.0N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total5,1505,3735,3122,290-23.7%

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

  1. Italy (10.5 tons)
  2. United States (6.9 tons)
  3. France (6.0 tons)
  4. South Korea (3.0 tons)
  5. Germany (1.1 tons)

Exports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Japan

Exports of seed; sugar beet seed, of a kind used for sowing from Japan stood at 45 kg in 2022, therefore, remained relatively stable against 2021 figures. Overall, exports showed a dramatic shrinkage. The smallest decline of 99.9% was in 2021.

In value terms, exports of seed; sugar beet seed, of a kind used for sowing totaled $1.8K in 2022. Over the period under review, exports recorded a dramatic contraction. The smallest decline of 99.9% was in 2021.

Export of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Japan (USD)
COUNTRY202020212022CAGR,
2020-2022
DenmarkN/AN/A6710%
Sweden57.0N/A18278.7%
NetherlandsN/AN/A36.00%
Egypt3,461N/AN/A0%
Others82.0N/A911233.3%
Total3,600N/A1,800-29.3%

Top Export Markets for Seed; Sugar Beet Seed, of A Kind Used for Sowing from Japan in 2022:

  1. Sweden (14.0 kg)
  2. Denmark (3.0 kg)
  3. Netherlands (2.0 kg)

Source: IndexBox Market Intelligence Platform

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