Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in South Africa - 2024

Contents:

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

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

In 2022, the average export price for seed; sugar beet seed, of a kind used for sowing amounted to $37,773 per ton, declining by -33.1% against the previous year. Over the period under review, the export price, however, saw significant growth. The most prominent rate of growth was recorded in 2016 an increase of 292%. The export price peaked at $56,501 per ton in 2021, and then shrank dramatically in the following year.

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 Japan ($111,731 per ton), while the average price for exports to Mozambique ($992 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 Japan (+84.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for seed; sugar beet seed, of a kind used for sowing amounted to $32,232 per ton, surging by 47% against the previous year. Over the period under review, the import price, however, showed a slight curtailment. The pace of growth appeared the most rapid in 2015 an increase of 895% against the previous year. As a result, import price reached the peak level of $487,663 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($32,672 per ton), while the price for France totaled $27,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+68.3%), 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 South Africa

In 2022, overseas shipments of seed; sugar beet seed, of a kind used for sowing decreased by -18.5% to 41 tons, falling for the second year in a row after two years of growth. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 8,488%. As a result, the exports reached the peak of 59 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of seed; sugar beet seed, of a kind used for sowing reduced notably to $1.6M in 2022. Overall, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 when exports increased by 16,221% against the previous year.

Export of Seed; Sugar Beet Seed, of A Kind Used for Sowing in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
JapanN/A2,5642,825782-44.8%
IndiaN/AN/AN/A3060%
IsraelN/AN/AN/A2500%
KenyaN/AN/AN/A1660%
LesothoN/A0.95.022.4398.9%
Botswana0.32.2N/A9.9220.8%
MozambiqueN/A0.20.13.3306.2%
Others15.411.020.313.5-4.3%
Total15.82,5782,8511,553361.5%

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

  1. Kenya (12.6 tons)
  2. Japan (7.0 tons)
  3. India (6.9 tons)
  4. Israel (6.4 tons)
  5. Mozambique (3.3 tons)
  6. Botswana (3.2 tons)
  7. Lesotho (0.7 tons)

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

In 2022, approx. 233 kg of seed; sugar beet seed, of a kind used for sowing were imported into South Africa; with an increase of 316% on 2021 figures. In general, imports, however, recorded a dramatic decrease.

In value terms, imports of seed; sugar beet seed, of a kind used for sowing skyrocketed to $7.5K in 2022. Overall, imports, however, recorded a dramatic shrinkage.

Import of Seed; Sugar Beet Seed, of A Kind Used for Sowing in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/A4.4N/A7.530.6%
GermanyN/A3.5N/AN/A0%
France57.763.6N/AN/A10.2%
IndiaN/AN/A0.1N/A0%
OthersN/A8.31.2N/A-85.5%
Total57.879.71.27.5-49.4%

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

  1. United States (229.0 kg)
  2. France (1.0 kg)

Source: IndexBox Market Intelligence Platform

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