Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Thailand - 2022
Contents:
- Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Thailand (CIF) - 2022
- Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Thailand (FOB) - 2022
- Imports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Thailand
- Exports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Thailand
Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Thailand (CIF) - 2022
In 2022, the average import price for seed; sugar beet seed, of a kind used for sowing amounted to $7,786 per ton, rising by 4.1% against the previous year. Over the period under review, the import price, however, saw a abrupt descent. The pace of growth was the most pronounced in 2015 an increase of 294%. Over the period under review, average import prices reached the peak figure at $45,874 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the Philippines amounted to +5.7% per year.
Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Thailand (FOB) - 2022
The average export price for seed; sugar beet seed, of a kind used for sowing stood at $32,173 per ton in 2022, reducing by -5.1% against the previous year. In general, the export price, however, showed significant growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 297%. Over the period under review, the average export prices reached the peak figure at $37,224 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($123,208 per ton), while the average price for exports to Lao People's Democratic Republic ($11,182 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+24.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Thailand
In 2022, imports of seed; sugar beet seed, of a kind used for sowing into Thailand skyrocketed to 24 tons, picking up by 15% on the previous year. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +15.3% 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 +53.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 17% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of seed; sugar beet seed, of a kind used for sowing soared to $184K in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.0% 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 +72.8% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 20%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 106 | 126 | 153 | 184 | 20.2% |
| Others | N/A | 1.3 | N/A | N/A | 0% |
| Total | 106 | 128 | 153 | 184 | 20.2% |
Top Suppliers of Seed; Sugar Beet Seed, of A Kind Used for Sowing to Thailand in 2022:
- United States (23.6 tons)
Exports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Thailand
In 2022, shipments abroad of seed; sugar beet seed, of a kind used for sowing decreased by -44.1% to 3.9 tons, falling for the second consecutive year after two years of growth. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 1,203% against the previous year. As a result, the exports reached the peak of 13 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of seed; sugar beet seed, of a kind used for sowing dropped significantly to $124K in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,992%. As a result, the exports attained the peak of $467K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 8.3 | 418 | 210 | 112 | 138.1% |
| Vietnam | 8.8 | 37.1 | 17.6 | 8.8 | 0.0% |
| Others | 5.2 | 12.0 | 5.9 | 3.1 | -15.8% |
| Total | 22.3 | 467 | 234 | 124 | 77.2% |
Top Export Markets for Seed; Sugar Beet Seed, of A Kind Used for Sowing from Thailand in 2022:
- Egypt (3.7 tons)
- Vietnam (0.1 tons)
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