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

Contents:

  1. Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Ireland (CIF) - 2022
  2. Imports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Ireland

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

In 2022, the average import price for seed; sugar beet seed, of a kind used for sowing amounted to $30,619 per ton, picking up by 6.1% against the previous year. Overall, the import price enjoyed significant growth. The pace of growth was the most pronounced in 2021 an increase of 627% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.

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 ($41,982 per ton), while the price for the UK ($1,886 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+29.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

For the third year in a row, Ireland recorded decline in supplies from abroad of seed; sugar beet seed, of a kind used for sowing, which decreased by -29.1% to 17 tons in 2022. In general, imports showed a sharp decline. The smallest decline of -4.5% was in 2020.

In value terms, imports of seed; sugar beet seed, of a kind used for sowing declined sharply to $506K in 2022. Over the period under review, imports showed a slight reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 35% against the previous year. As a result, imports reached the peak of $673K, and then declined dramatically in the following year.

Import of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark3642584113801.4%
GermanyN/AN/A261126-51.7%
United Kingdom163241N/A0.1-91.5%
OthersN/AN/AN/AN/A0%
Total527499673506-1.3%

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

  1. Denmark (13.5 tons)
  2. Germany (3.0 tons)

Source: IndexBox Market Intelligence Platform

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