Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Belarus - 2022

Contents:

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

Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Belarus (CIF) - 2022

In 2022, the average import price for seed; vegetable seed, of a kind used for sowings amounted to $60,983 per ton, growing by 1.9% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 20%. Over the period under review, average import prices reached the peak figure at $73,734 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($407,459 per ton), while the price for Ukraine ($2,259 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Moldova (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Belarus (FOB) - 2022

In 2022, the average export price for seed; vegetable seed, of a kind used for sowings amounted to $17,985 per ton, surging by 154% against the previous year. Over the period under review, the export price enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2016 an increase of 301% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +8.3% per year.

Imports of Seed; Vegetable Seed, of A Kind Used for Sowing in Belarus

In 2022, purchases abroad of seed; vegetable seed, of a kind used for sowings increased by 6% to 217 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a mild shrinkage.

In value terms, imports of seed; vegetable seed, of a kind used for sowings rose markedly to $13M in 2022. The total import value increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Seed; Vegetable Seed, of A Kind Used for Sowing in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2,5601,8201,8472,050-7.1%
Russia1,3641,4441,8631,86811.1%
France1,6291,6831,4211,558-1.5%
New Zealand775541550614-7.5%
Australia703274593594-5.5%
Italy626607522578-2.6%
Poland3284332883461.8%
Netherlands301300221270-3.6%
Serbia79.711.811111111.7%
Ukraine96.259.349.267.4-11.2%
Moldova84.01190.866.9-7.3%
Germany45.245.217.435.5-7.7%
Others3,7224,1524,7815,07910.9%
Total12,31211,48812,26413,2392.4%

Top Suppliers of Seed; Vegetable Seed, of A Kind Used for Sowing to Belarus in 2022:

  1. Russia (95.3 tons)
  2. Ukraine (29.8 tons)
  3. France (18.8 tons)
  4. Poland (17.4 tons)
  5. Italy (8.9 tons)
  6. Netherlands (6.5 tons)
  7. Germany (6.1 tons)
  8. Serbia (5.3 tons)
  9. United States (5.0 tons)
  10. New Zealand (4.4 tons)
  11. Australia (3.3 tons)
  12. Moldova (1.5 tons)

Exports of Seed; Vegetable Seed, of A Kind Used for Sowing in Belarus

In 2022, overseas shipments of seed; vegetable seed, of a kind used for sowings were finally on the rise to reach 16 tons after two years of decline. In general, exports, however, saw a sharp descent.

In value terms, exports of seed; vegetable seed, of a kind used for sowings surged to $295K in 2022. Overall, exports, however, recorded a abrupt contraction.

Export of Seed; Vegetable Seed, of A Kind Used for Sowing in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/AN/A2950%
Russia41332116.1N/A-80.3%
NetherlandsN/AN/A45.5N/A0%
UkraineN/AN/A0.1N/A0%
Others1.142.07.2N/A155.8%
Total41436368.9295-10.7%

Top Export Markets for Seed; Vegetable Seed, of A Kind Used for Sowing from Belarus in 2022:

  1. United Arab Emirates (16.4 tons)

Source: IndexBox Market Intelligence Platform

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