Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Italy - 2023
Contents:
- Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Italy (FOB) - 2023
- Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Italy (CIF) - 2023
- Exports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Italy
- Imports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Italy
Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Italy (FOB) - 2023
In November 2023, the average export price for seed; sugar beet seed, of a kind used for sowing amounted to $8,157 per ton, with an increase of 1.8% against the previous month. Overall, export price indicated a measured expansion from November 2022 to November 2023: its price increased at an average monthly rate of +4.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for seed; sugar beet seed, of a kind used for sowing increased by +9.5% against June 2023 indices. The pace of growth was the most pronounced in June 2023 an increase of 71% month-to-month. Over the period under review, the average export prices reached the maximum in November 2023.
Average prices varied somewhat for the major foreign markets. In November 2023, the country with the highest price was Germany ($8,246 per ton), while the average price for exports to Russia totaled $5,762 per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+4.0%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Italy (CIF) - 2023
In October 2023, the average import price for seed; sugar beet seed, of a kind used for sowing amounted to $107K per ton, growing by 124% against the previous month. Overall, the import price enjoyed a strong increase. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 152% m-o-m. As a result, import price attained the peak level of $123K per ton. From June 2023 to October 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Germany ($143K per ton), while the price for Belgium totaled $55,411 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+21.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Italy
In 2022, overseas shipments of seed; sugar beet seed, of a kind used for sowing decreased by -16.2% to 13K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +10.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 53% against the previous year.
In value terms, exports of seed; sugar beet seed, of a kind used for sowing fell dramatically to $61M in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +9.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 53% against the previous year.
| Export of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 27.7 | 47.7 | 48.0 | 44.3 | 16.9% |
| Belgium | 8.6 | 15.4 | 21.5 | 11.3 | 9.5% |
| Denmark | 3.1 | 2.8 | 4.5 | 1.4 | -23.3% |
| Turkey | 0.7 | N/A | 0.1 | 1.0 | 12.6% |
| Poland | 1.9 | 1.8 | 1.7 | 0.3 | -46.0% |
| Others | 5.3 | 4.8 | 4.3 | 3.0 | -17.3% |
| Total | 47.3 | 72.5 | 80.1 | 61.3 | 9.0% |
Top Export Markets for Seed; Sugar Beet Seed, of A Kind Used for Sowing from Italy in 2022:
- Germany (9.0K tons)
- Belgium (3.1K tons)
- Denmark (0.5K tons)
- Turkey (0.2K tons)
- Poland (0.1K tons)
Imports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Italy
In 2022, supplies from abroad of seed; sugar beet seed, of a kind used for sowing decreased by -24.9% to 167 tons, falling for the second consecutive year after two years of growth. In general, imports showed a significant curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 7.2% against the previous year. As a result, imports reached the peak of 354 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of seed; sugar beet seed, of a kind used for sowing declined sharply to $8.8M in 2022. Overall, imports showed a abrupt setback. The pace of growth was the most pronounced in 2020 with an increase of 25%. As a result, imports reached the peak of $17M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.9 | 9.1 | 8.4 | 6.7 | -5.3% |
| Belgium | 3.2 | 3.2 | 4.2 | 1.8 | -17.5% |
| Netherlands | N/A | 1.0 | N/A | 0.3 | -45.2% |
| Spain | 0.6 | 0.8 | N/A | N/A | 33.3% |
| Austria | 0.5 | 0.4 | N/A | N/A | -20.0% |
| Others | 1.4 | 2.7 | N/A | N/A | 92.9% |
| Total | 13.7 | 17.2 | 12.7 | 8.8 | -13.7% |
Top Suppliers of Seed; Sugar Beet Seed, of A Kind Used for Sowing to Italy in 2022:
- Germany (116.5 tons)
- Belgium (40.4 tons)
- Netherlands (9.6 tons)
657
This report provides an in-depth analysis of the market for tree, flower and other seeds, fruits and spores for sowing in Italy.
2286
This report provides an in-depth analysis of the global market for tree, flower and other seeds, fruits and spores for sowing.
657
This report provides an in-depth analysis of the market for tree, flower and other seeds, fruits and spores for sowing in Italy.
2286
This report provides an in-depth analysis of the global market for tree, flower and other seeds, fruits and spores for sowing.
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