Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Lithuania - 2023
Contents:
- Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Lithuania (CIF) - 2022
- Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Lithuania (FOB) - 2022
- Imports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Lithuania
- Exports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Lithuania
Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Lithuania (CIF) - 2022
In 2022, the average import price for seed; sugar beet seed, of a kind used for sowing amounted to $76,774 per ton, surging by 4.8% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 50%. The import price peaked in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($107,804 per ton), while the price for Italy ($25,477 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+28.7%), 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 Lithuania (FOB) - 2022
In 2022, the average export price for seed; sugar beet seed, of a kind used for sowing amounted to $10,653 per ton, dropping by -68.4% against the previous year. In general, the export price showed a abrupt setback. The growth pace was the most rapid in 2018 when the average export price increased by 120%. As a result, the export price attained the peak level of $40,820 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($33,358 per ton), while the average price for exports to Russia totaled $9,638 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (-1.7%).
Imports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Lithuania
In 2022, the amount of seed; sugar beet seed, of a kind used for sowing imported into Lithuania totaled 84 tons, increasing by 9% compared with 2021. The total import volume increased at an average annual rate of +12.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 40% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of seed; sugar beet seed, of a kind used for sowing expanded markedly to $6.5M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.0% 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 +81.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.8 | 2.0 | 4.8 | 3.2 | 21.1% |
| Denmark | 1.5 | 1.4 | 0.9 | 2.6 | 20.1% |
| Belgium | 0.2 | 0.6 | N/A | 0.4 | 26.0% |
| Italy | N/A | N/A | N/A | 0.2 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.6 | 4.0 | 5.7 | 6.5 | 21.8% |
Top Suppliers of Seed; Sugar Beet Seed, of A Kind Used for Sowing to Lithuania in 2022:
- Denmark (42.6 tons)
- Germany (29.8 tons)
- Italy (7.5 tons)
- Belgium (4.4 tons)
Exports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Lithuania
In 2022, approx. 199 tons of seed; sugar beet seed, of a kind used for sowing were exported from Lithuania; with an increase of 9,683% against 2021 figures. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of seed; sugar beet seed, of a kind used for sowing soared to $2.1M in 2022. Over the period under review, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 12.4 | 530 | N/A | 1,855 | 430.9% |
| Belarus | 183 | 404 | 68.2 | 190 | 1.3% |
| Others | 70.2 | N/A | 0.3 | 71.4 | 0.6% |
| Total | 265 | 934 | 68.6 | 2,117 | 99.9% |
Top Export Markets for Seed; Sugar Beet Seed, of A Kind Used for Sowing from Lithuania in 2022:
- Russia (192.5 tons)
- Belarus (5.7 tons)
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