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

Contents:

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

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

The average import price for seed; vegetable seed, of a kind used for sowings stood at $8,192 per ton in 2022, reducing by -13.2% against the previous year. Overall, the import price, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 61%. The import price peaked at $10,796 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 France ($20,025 per ton), while the price for Belgium ($2,413 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.0%), 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 Luxembourg (FOB) - 2022

In 2022, the average export price for seed; vegetable seed, of a kind used for sowings amounted to $43,089 per ton, which is down by -14.3% against the previous year. Overall, the export price, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2013 an increase of 65%. Over the period under review, the average export prices reached the peak figure at $80,731 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($71,893 per ton), while the average price for exports to Belgium ($20,442 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 the Netherlands (+78.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, supplies from abroad of seed; vegetable seed, of a kind used for sowings decreased by -13% to 52 tons, falling for the second year in a row after two years of growth. Overall, imports showed a mild reduction. The pace of growth was the most pronounced in 2020 with an increase of 27%. As a result, imports attained the peak of 70 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of seed; vegetable seed, of a kind used for sowings declined notably to $430K in 2022. Over the period under review, total imports indicated a notable expansion from 2019 to 2022: its value increased at an average annual rate of +3.7% 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 decreased by -24.9% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 48%. As a result, imports reached the peak of $572K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Seed; Vegetable Seed, of A Kind Used for Sowing in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany18331933726413.0%
Belgium10112811880.4-7.3%
France50.571.075.657.34.3%
Others50.953.538.928.2-17.9%
Total3855725694303.8%

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

  1. Belgium (33.3 tons)
  2. Germany (14.6 tons)
  3. France (2.9 tons)

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

In 2022, overseas shipments of seed; vegetable seed, of a kind used for sowings were finally on the rise to reach 824 kg after two years of decline. Overall, exports, however, recorded a significant curtailment.

In value terms, exports of seed; vegetable seed, of a kind used for sowings expanded notably to $36K in 2022. In general, exports, however, faced a precipitous shrinkage.

Export of Seed; Vegetable Seed, of A Kind Used for Sowing in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany17545.61.712.7-58.3%
Netherlands2.12.83.011.475.7%
France0.82.019.36.196.8%
Belgium3.34.95.34.06.6%
Italy2.23.5N/AN/A59.1%
OthersN/AN/A3.41.3-61.8%
Total18358.832.635.5-42.1%

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

  1. Germany (329.0 kg)
  2. Belgium (197.0 kg)
  3. Netherlands (159.0 kg)
  4. France (133.0 kg)

Source: IndexBox Market Intelligence Platform

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