Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Romania - 2023

Contents:

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

Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Romania (CIF) - 2022

The average import price for seed; sugar beet seed, of a kind used for sowing stood at $67,116 per ton in 2022, picking up by 9.6% against the previous year. Over the period under review, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for seed; sugar beet seed, of a kind used for sowing increased by +141.4% against 2018 indices. The growth pace was the most rapid in 2019 when the average import price increased by 52%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.

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 Germany ($74,547 per ton), while the price for Hungary ($7,112 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+23.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Romania (FOB) - 2022

In 2022, the average export price for seed; sugar beet seed, of a kind used for sowing amounted to $59,938 per ton, surging by 36% against the previous year. Over the period under review, the export price showed a perceptible increase. The pace of growth appeared the most rapid in 2016 when the average export price increased by 83%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

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 Germany ($80,320 per ton), while the average price for exports to Moldova ($5,103 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 Belgium (+7.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Romania

Imports of seed; sugar beet seed, of a kind used for sowing into Romania contracted sharply to 39 tons in 2022, declining by -52.4% on the previous year's figure. Over the period under review, imports saw a precipitous shrinkage. The smallest decline of -10.7% was in 2020.

In value terms, imports of seed; sugar beet seed, of a kind used for sowing declined notably to $2.6M in 2022. In general, imports faced a deep downturn. The pace of growth was the most pronounced in 2020 with an increase of 6.6% against the previous year.

Import of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,1342,8342,7601,990-2.3%
Belgium1,4761,1281,352449-32.7%
Denmark879758652130-47.1%
Hungary18.219.716.19.6-19.2%
France44.21181770.3-81.1%
Others5.91.90.16.00.6%
Total4,5564,8584,9582,585-17.2%

Top Suppliers of Seed; Sugar Beet Seed, of A Kind Used for Sowing to Romania in 2022:

  1. Germany (26.7 tons)
  2. Belgium (7.5 tons)
  3. Denmark (2.8 tons)
  4. Hungary (1.3 tons)

Exports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Romania

Exports of seed; sugar beet seed, of a kind used for sowing from Romania was estimated at 6.4 tons in 2022, surging by 12% on the year before. Overall, exports continue to indicate a temperate expansion. The pace of growth was the most pronounced in 2021 when exports increased by 162%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of seed; sugar beet seed, of a kind used for sowing soared to $381K in 2022. In general, exports recorded a remarkable increase. The pace of growth appeared the most rapid in 2021 when exports increased by 183%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

Export of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany11454.567.728235.2%
Belgium11632.412870.6-15.3%
DenmarkN/AN/A50.323.1-54.1%
MoldovaN/AN/A3.95.130.8%
OthersN/A1.30.5N/A-61.5%
Total23088.325038118.3%

Top Export Markets for Seed; Sugar Beet Seed, of A Kind Used for Sowing from Romania in 2022:

  1. Germany (3.5 tons)
  2. Belgium (1.3 tons)
  3. Moldova (1.0 tons)
  4. Denmark (0.5 tons)

Source: IndexBox Market Intelligence Platform

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