Price for Seed; Vegetable Seed, of A Kind Used for Sowing in the Czech Republic - 2023

Contents:

  1. Price for Seed; Vegetable Seed, of A Kind Used for Sowing in the Czech Republic (CIF) - 2022
  2. Price for Seed; Vegetable Seed, of A Kind Used for Sowing in the Czech Republic (FOB) - 2022
  3. Imports of Seed; Vegetable Seed, of A Kind Used for Sowing in the Czech Republic
  4. Exports of Seed; Vegetable Seed, of A Kind Used for Sowing in the Czech Republic

Price for Seed; Vegetable Seed, of A Kind Used for Sowing in the Czech Republic (CIF) - 2022

In 2022, the average import price for seed; vegetable seed, of a kind used for sowings amounted to $19,849 per ton, falling by -3.1% against the previous year. Overall, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.0% 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; vegetable seed, of a kind used for sowings decreased by -20.5% against 2019 indices. The pace of growth appeared the most rapid in 2019 an increase of 41% against the previous year. As a result, import price reached the peak level of $24,977 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

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 the Netherlands ($92,529 per ton), while the price for Poland ($7,947 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Seed; Vegetable Seed, of A Kind Used for Sowing in the Czech Republic (FOB) - 2022

The average export price for seed; vegetable seed, of a kind used for sowings stood at $29,808 per ton in 2022, reducing by -14.5% against the previous year. In general, the export price, however, showed a tangible increase. The pace of growth was the most pronounced in 2017 when the average export price increased by 52%. The export price peaked at $38,441 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($62,067 per ton), while the average price for exports to Russia ($7,349 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 Denmark (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Seed; Vegetable Seed, of A Kind Used for Sowing in the Czech Republic

For the fourth consecutive year, the Czech Republic recorded growth in purchases abroad of seed; vegetable seed, of a kind used for sowings, which increased by 11% to 867 tons in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of seed; vegetable seed, of a kind used for sowings rose sharply to $17M in 2022. The total import value increased at an average annual rate of +11.5% 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 16%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Seed; Vegetable Seed, of A Kind Used for Sowing in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands6.25.35.25.8-2.2%
Germany1.43.85.24.446.5%
Italy1.11.01.81.510.9%
Poland0.81.00.81.317.6%
Slovakia0.60.50.81.329.4%
China0.40.50.10.826.0%
France0.60.80.70.60.0%
Others1.21.61.41.610.1%
Total12.414.416.117.211.5%

Top Suppliers of Seed; Vegetable Seed, of A Kind Used for Sowing to the Czech Republic in 2022:

  1. Germany (305.2 tons)
  2. Poland (159.2 tons)
  3. Italy (126.5 tons)
  4. France (63.7 tons)
  5. Netherlands (62.3 tons)
  6. Slovakia (59.1 tons)
  7. China (33.6 tons)

Exports of Seed; Vegetable Seed, of A Kind Used for Sowing in the Czech Republic

In 2022, approx. 435 tons of seed; vegetable seed, of a kind used for sowings were exported from the Czech Republic; picking up by 18% compared with 2021. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +12.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 29%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of seed; vegetable seed, of a kind used for sowings stood at $13M in 2022. The total export value increased at an average annual rate of +8.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 17% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Seed; Vegetable Seed, of A Kind Used for Sowing in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia5,0435,7476,3236,4518.6%
Poland1,2731,4401,7211,5837.5%
Hungary8095337421,15312.5%
Germany7187541,1579409.4%
Netherlands2722024623438.0%
Lithuania2553463553005.6%
Ukraine2213982222615.7%
Russia237259282211-3.8%
Austria1451041151531.8%
Belarus15.724.714212197.5%
Denmark2.94.00.3113239.0%
ArmeniaN/AN/AN/A88.60%
Others1,1371,1331,3331,2483.2%
Total10,12810,94612,85512,9668.6%

Top Export Markets for Seed; Vegetable Seed, of A Kind Used for Sowing from the Czech Republic in 2022:

  1. Slovakia (103.9 tons)
  2. Germany (83.0 tons)
  3. Poland (59.1 tons)
  4. Netherlands (40.5 tons)
  5. Russia (28.6 tons)
  6. Hungary (19.2 tons)
  7. Ukraine (15.8 tons)
  8. Belarus (14.0 tons)
  9. Austria (12.8 tons)
  10. Denmark (10.3 tons)
  11. Lithuania (9.2 tons)
  12. Armenia (7.3 tons)

Source: IndexBox Market Intelligence Platform

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