Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Finland - 2023

Contents:

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

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

The average import price for seed; vegetable seed, of a kind used for sowings stood at $33,522 per ton in 2022, reducing by -33.9% against the previous year. In general, the import price continues to indicate a deep setback. The growth pace was the most rapid in 2020 when the average import price increased by 23%. Over the period under review, average import prices reached the maximum at $82,715 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 the Netherlands ($127,490 per ton), while the price for Hungary ($2,877 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+0.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for seed; vegetable seed, of a kind used for sowings stood at $122,214 per ton in 2022, shrinking by -30.1% against the previous year. Overall, the export price recorded a deep slump. The pace of growth appeared the most rapid in 2019 an increase of 99.9%. Over the period under review, the average export prices attained the maximum at $298,976 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($469,315 per ton), while the average price for exports to Russia ($29,491 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 Sweden (-0.6%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of seed; vegetable seed, of a kind used for sowings into Finland soared to 446 tons, growing by 77% compared with the previous year. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of seed; vegetable seed, of a kind used for sowings surged to $15M in 2022. The total import value increased at an average annual rate of +13.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Seed; Vegetable Seed, of A Kind Used for Sowing in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands6.37.89.19.414.3%
Sweden1.31.61.02.829.1%
Germany1.71.51.61.1-13.5%
France0.30.40.50.732.6%
Denmark0.10.10.20.458.7%
Hungary0.10.10.20.344.2%
Estonia0.10.10.10.10.0%
China0.2N/AN/AN/A0%
United Kingdom0.10.1N/AN/A0.0%
OthersN/A0.10.10.10.0%
Total10.211.812.814.913.5%

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

  1. Sweden (171.8 tons)
  2. Hungary (110.7 tons)
  3. Netherlands (73.7 tons)
  4. Germany (38.4 tons)
  5. Estonia (22.5 tons)
  6. France (15.1 tons)
  7. Denmark (7.2 tons)
  8. United Kingdom (2.3 tons)

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

In 2022, after three years of growth, there was decline in shipments abroad of seed; vegetable seed, of a kind used for sowings, when their volume decreased by -3.3% to 4.3 tons. In general, exports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 181% against the previous year. As a result, the exports reached the peak of 4.5 tons, and then shrank modestly in the following year.

In value terms, exports of seed; vegetable seed, of a kind used for sowings declined significantly to $530K in 2022. Overall, exports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 90%. As a result, the exports reached the peak of $784K, and then shrank significantly in the following year.

Export of Seed; Vegetable Seed, of A Kind Used for Sowing in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia293235334289-0.5%
Sweden67.279.525783.57.5%
BelarusN/AN/AN/A68.30%
Russia12.239.311257.467.6%
Latvia32.526.435.714.6-23.4%
Others16.431.644.217.62.4%
Total4214127845308.0%

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

  1. Russia (1946.0 kg)
  2. Estonia (1568.0 kg)
  3. Belarus (544.0 kg)
  4. Sweden (178.0 kg)
  5. Latvia (39.0 kg)

Source: IndexBox Market Intelligence Platform

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