Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Sri Lanka - 2022

Contents:

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

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

In 2022, the average import price for seed; sugar beet seed, of a kind used for sowing amounted to $18,140 per ton, therefore, remained relatively stable against the previous year. Overall, the import price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2014 when the average import price decreased by 99.9% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for Italy.

From 2013 to 2022, the rate of growth in terms of prices for Italy amounted to +8.1% per year.

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

In 2022, approx. 250 kg of seed; sugar beet seed, of a kind used for sowing were imported into Sri Lanka; with a decrease of -50% on 2021. Overall, imports recorded a significant decrease.

In value terms, imports of seed; sugar beet seed, of a kind used for sowing dropped sharply to $4.5K in 2022. Over the period under review, imports faced a sharp downturn.

Import of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Sri Lanka (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
Italy4.44.52.3%
United States4.7N/A0%
OthersN/AN/A0%
Total9.14.5-50.5%

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

  1. Italy (250.0 kg)

Source: IndexBox Market Intelligence Platform

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