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

Contents:

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

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

The average import price for seed; sugar beet seed, of a kind used for sowing stood at $34,525 per ton in 2022, increasing by 17% against the previous year. Overall, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.2% 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 +112.2% against 2016 indices. The pace of growth appeared the most rapid in 2017 an increase of 27% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($46,273 per ton), while the price for Iran ($10,442 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+6.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for seed; sugar beet seed, of a kind used for sowing amounted to $7,746 per ton, which is down by -1.6% against the previous year. Over the period under review, the export price continues to indicate a perceptible decrease. The pace of growth was the most pronounced in 2018 an increase of 298%. The export price peaked at $48,966 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($19,713 per ton), while the average price for exports to Germany ($6,528 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 Germany (-0.1%), while the prices for the other major destinations experienced a decline.

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

Imports of seed; sugar beet seed, of a kind used for sowing into Turkey expanded markedly to 535 tons in 2022, increasing by 7.4% compared with the year before. The total import volume increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 26% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of seed; sugar beet seed, of a kind used for sowing skyrocketed to $18M in 2022. Over the period under review, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 60%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/A4.212.1188.1%
Belgium1.00.92.64.261.3%
Italy4.18.36.51.7-25.4%
France2.73.31.30.3-51.9%
IranN/AN/AN/A0.20%
Others0.10.10.2N/A41.4%
Total7.912.614.718.532.8%

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

  1. Germany (337.4 tons)
  2. Belgium (90.6 tons)
  3. Italy (65.1 tons)
  4. France (25.1 tons)
  5. Iran (15.9 tons)

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

In 2022, shipments abroad of seed; sugar beet seed, of a kind used for sowing decreased by -64.1% to 36 tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 183%. As a result, the exports reached the peak of 143 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of seed; sugar beet seed, of a kind used for sowing dropped dramatically to $278K in 2022. In general, exports saw a sharp shrinkage. The smallest decline of -35.8% was in 2020.

Export of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany7.81.1506146165.5%
BelgiumN/A65919871.0-67.2%
KazakhstanN/A12.572.859.0117.3%
Iran2,456790N/AN/A-67.8%
Others2.51229.51.8-10.4%
Total2,4661,583786278-51.7%

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

  1. Germany (22.4 tons)
  2. Belgium (10.5 tons)
  3. Kazakhstan (3.0 tons)

Source: IndexBox Market Intelligence Platform

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