Europe: Canary Seed Market 2024

Canary Seed Market Size in Europe

The Europe canary seed market surged to $X in 2022, growing by X% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Canary Seed Production in Europe

In value terms, canary seed production totaled $X in 2022 estimated in export price. Over the period under review, production saw a pronounced decline. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

The countries with the highest volumes of production in 2022 were the UK (X tons), Hungary (X tons) and Ukraine (X tons), with a combined X% share of total production.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by the UK (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

In 2022, the average yield of canary seed in Europe dropped modestly to X tons per ha, waning by X% compared with 2021. The yield indicated a perceptible 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, canary seed yield increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the yield attained the peak level of X tons per ha, and then fell modestly 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 canary seed harvested area fell modestly to X ha in 2022, standing approx. at the previous year. In general, the harvested area recorded a perceptible contraction. The pace of growth was the most pronounced in 2014 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to canary seed production attained the peak figure at X ha in 2012; however, from 2013 to 2022, the harvested area stood at a somewhat lower figure.

Canary Seed Exports

Exports in Europe

In 2022, after two years of growth, there was significant decline in shipments abroad of canary seed, when their volume decreased by X% to X tons. Over the period under review, exports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2014 when exports increased by X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, canary seed exports expanded remarkably to $X in 2022. Overall, exports recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, the UK (X tons), distantly followed by the Netherlands (X tons), Belgium (X tons), France (X tons) and Hungary (X tons) represented the key exporters of canary seed, together creating X% of total exports. The following exporters - Ukraine (X tons) and the Czech Republic (X tons) - each reached a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), the Netherlands ($X) and Belgium ($X) were the countries with the highest levels of exports in 2022, together comprising X% of total exports. France, Hungary, the Czech Republic and Ukraine lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, France, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Europe amounted to $X per ton, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the UK ($X per ton) was amongst the lowest.

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

Canary Seed Imports

Imports in Europe

In 2022, imports of canary seed in Europe shrank modestly to X tons, declining by X% against 2021 figures. Over the period under review, imports continue to indicate a mild downturn. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, canary seed imports soared to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by X%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Belgium was the largest importing country with an import of around X tons, which resulted at X% of total imports. Spain (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Italy (X%), Portugal (X%) and Germany (X%). France (X tons) and Greece (X tons) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to canary seed imports into Belgium stood at X%. At the same time, Greece (X%), Germany (X%) and France (X%) displayed positive paces of growth. Moreover, Greece emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2022. Portugal experienced a relatively flat trend pattern. By contrast, Spain (X%) and Italy (X%) illustrated a downward trend over the same period. Belgium (X p.p.) and Germany (X p.p.) significantly strengthened its position in terms of the total imports, while Italy saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X), Spain ($X) and Italy ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports. Portugal, Germany, France and Greece lagged somewhat behind, together accounting for a further X%.

Greece, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Europe stood at $X per ton in 2022, increasing by X% against the previous year. Import price indicated slight growth from 2012 to 2022: its price 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, canary seed import price increased by X% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Greece ($X per ton) and Spain ($X per ton), while France ($X per ton) and Germany ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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