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

Contents:

  1. Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Ukraine (CIF) - 2022
  2. Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Ukraine (FOB) - 2023
  3. Imports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Ukraine
  4. Exports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Ukraine

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

The average import price for seed; sugar beet seed, of a kind used for sowing stood at $34,705 per ton in 2022, surging by 11% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.8% 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 +72.1% against 2015 indices. The growth pace was the most rapid in 2018 an increase of 23%. The import price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($39,106 per ton), while the price for Belgium ($19,854 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+5.0%), 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 Ukraine (FOB) - 2023

The average export price for seed; sugar beet seed, of a kind used for sowing stood at $17,302 per ton in December 2023, therefore, remained relatively stable against the previous month. Overall, the export price continues to indicate significant growth. The export price peaked in December 2023.

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

From September 2023 to December 2023, the rate of growth in terms of prices for Belgium amounted to +153.3% per month.

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

After three years of growth, purchases abroad of seed; sugar beet seed, of a kind used for sowing decreased by -10.7% to 662 tons in 2022. The total import volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 21% against the previous year. As a result, imports attained the peak of 741 tons, and then shrank in the following year.

In value terms, imports of seed; sugar beet seed, of a kind used for sowing dropped modestly to $23M in 2022. The total import value increased at an average annual rate of +7.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 27% against the previous year. As a result, imports reached the peak of $23M, leveling off in the following year.

Import of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany8.67.010.818.829.8%
Belgium0.20.10.12.0115.4%
France1.20.70.81.45.3%
Italy0.60.20.20.75.3%
Others7.710.311.3N/A21.1%
Total18.318.323.223.07.9%

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

  1. Germany (482.0 tons)
  2. Belgium (103.1 tons)
  3. France (50.3 tons)
  4. Italy (26.3 tons)

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

In 2022, after two years of growth, there was significant decline in overseas shipments of seed; sugar beet seed, of a kind used for sowing, when their volume decreased by -41.4% to 104 tons. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 2,715% against the previous year. As a result, the exports reached the peak of 178 tons, and then shrank notably in the following year.

In value terms, exports of seed; sugar beet seed, of a kind used for sowing contracted rapidly to $1.3M in 2022. Overall, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 1,577% against the previous year. As a result, the exports attained the peak of $2.5M, and then fell significantly in the following year.

Export of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Ukraine (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Belgium59.7784415163.7%
France77.6770408129.3%
Moldova4.358.430.9168.1%
Lithuania3.231.917.6134.5%
Others2.78294391175.1%
Total1472,4731,310198.5%

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

  1. Belgium (34.1 tons)
  2. France (34.1 tons)
  3. Moldova (1.0 tons)
  4. Lithuania (0.9 tons)

Source: IndexBox Market Intelligence Platform

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