Ukraine: Mustard Seed Market 2024

Mustard Seed Market Size in Ukraine

The Ukrainian mustard seed market contracted markedly to $X in 2022, waning by X% against the previous year. Overall, consumption recorded a perceptible reduction. Mustard seed consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Mustard Seed Production in Ukraine

In value terms, mustard seed production fell markedly to $X in 2022 estimated in export price. In general, production showed a perceptible downturn. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

The average yield of mustard seed in Ukraine reduced dramatically to X kg per ha in 2022, with a decrease of X% against the previous year's figure. In general, the yield indicated a tangible increase from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mustard seed yield increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the yield increased by X%. Over the period under review, the average mustard seed yield hit record highs at X kg per ha in 2021, and then plummeted in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The mustard seed harvested area in Ukraine rose remarkably to X ha in 2022, with an increase of X% compared with 2021 figures. In general, the harvested area, however, recorded a deep setback. The pace of growth appeared the most rapid in 2014 when the harvested area increased by X%. As a result, the harvested area attained the peak level of X ha. From 2015 to 2022, the growth of the mustard seed harvested area remained at a somewhat lower figure.

Mustard Seed Exports

Exports from Ukraine

After two years of decline, overseas shipments of mustard seed increased by X% to X tons in 2022. Overall, exports, however, continue to indicate a deep contraction. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, mustard seed exports soared to $X in 2022. Over the period under review, total exports indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons), Poland (X tons) and the Netherlands (X tons) were the main destinations of mustard seed exports from Ukraine, together accounting for X% of total exports. Hungary, France, Greece, Belgium and Serbia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for mustard seed exports from Ukraine, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Poland (X% per year).

Export Prices by Country

The average mustard seed export price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the export price saw a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Poland ($X 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 France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Mustard Seed Imports

Imports into Ukraine

In 2022, the amount of mustard seed imported into Ukraine fell markedly to X tons, waning by X% against 2021. In general, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, mustard seed imports contracted markedly to $X in 2022. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2016 with an increase of X%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Kazakhstan (X tons) constituted the largest supplier of mustard seed to Ukraine, accounting for a X% share of total imports. Moreover, mustard seed imports from Kazakhstan exceeded the figures recorded by the second-largest supplier, Russia (X tons), threefold. The third position in this ranking was held by the Czech Republic (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Kazakhstan amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and the Czech Republic (X% per year).

In value terms, Kazakhstan ($X) constituted the largest supplier of mustard seed to Ukraine, comprising X% of total imports. The second position in the ranking was taken by Russia ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Kazakhstan stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

In 2022, the average mustard seed import price amounted to $X per ton, rising by X% against the previous year. In general, the import price recorded buoyant growth. The growth pace was the most rapid in 2013 when the average import price increased by X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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