Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Slovakia - 2023
Contents:
- Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Slovakia (CIF) - 2022
- Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Slovakia (FOB) - 2022
- Imports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Slovakia
- Exports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Slovakia
Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Slovakia (CIF) - 2022
The average import price for seed; sugar beet seed, of a kind used for sowing stood at $63,176 per ton in 2022, surging by 33% against the previous year. Overall, the import price saw modest growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 80% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
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 Belgium ($120,137 per ton), while the price for Austria ($3,042 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+17.2%), 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 Slovakia (FOB) - 2022
The average export price for seed; sugar beet seed, of a kind used for sowing stood at $4,000 per ton in 2022, falling by -33.3% against the previous year. In general, the export price saw a dramatic decrease. The pace of growth was the most pronounced in 2019 when the average export price increased by 84%. As a result, the export price reached the peak level of $142,316 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Italy.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +13.6% per year.
Imports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Slovakia
In 2022, supplies from abroad of seed; sugar beet seed, of a kind used for sowing decreased by -22.1% to 112 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 211% against the previous year.
In value terms, imports of seed; sugar beet seed, of a kind used for sowing amounted to $7.1M in 2022. In general, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 321%. Imports peaked 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 Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.9 | 5.8 | 0.7 | 4.2 | 67.1% |
| Belgium | N/A | N/A | 3.2 | 2.7 | -15.6% |
| Austria | N/A | 0.2 | 0.3 | 0.1 | -29.3% |
| Others | 0.5 | N/A | 2.6 | N/A | 128.0% |
| Total | 1.4 | 6.0 | 6.8 | 7.1 | 71.8% |
Top Suppliers of Seed; Sugar Beet Seed, of A Kind Used for Sowing to Slovakia in 2022:
- Germany (53.5 tons)
- Austria (35.5 tons)
- Belgium (22.6 tons)
Exports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Slovakia
For the third year in a row, Slovakia recorded decline in shipments abroad of seed; sugar beet seed, of a kind used for sowing, which decreased by 0% to 1 kg in 2022. Over the period under review, exports faced a sharp reduction. The smallest decline of -76.8% was in 2020.
In value terms, exports of seed; sugar beet seed, of a kind used for sowing fell notably to $4 in 2022. Overall, exports showed a precipitous descent.
| Export of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | N/A | N/A | N/A | 0% |
| Hungary | N/A | 10.5 | N/A | N/A | 0% |
| Germany | 118 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 118 | 10.5 | N/A | N/A | -91.1% |
Top Export Markets for Seed; Sugar Beet Seed, of A Kind Used for Sowing from Slovakia in 2022:
- Italy (1.0 kg)
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