United Kingdom: Canary Seed Market 2024

Canary Seed Market Size in the UK

In 2022, the UK canary seed market was finally on the rise to reach $X for the first time since 2015, thus ending a six-year declining trend. Overall, consumption recorded a abrupt shrinkage. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Canary Seed Production in the UK

In value terms, canary seed production totaled less than $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the production volume decreased by X% against the previous year. Canary seed production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

In 2022, the average canary seed yield in the UK amounted to less than X kg per ha, approximately equating 2021. Overall, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. less than X ha of canary seed were harvested in the UK; remaining constant against the year before. In general, the harvested area saw a relatively flat trend pattern.

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Canary Seed Exports

Exports from the UK

In 2022, after two years of growth, there was significant decline in overseas shipments of canary seed, when their volume decreased by X% to X tons. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked at X tons in 2021, and then reduced markedly in the following year.

In value terms, canary seed exports shrank modestly to $X in 2022. Overall, exports, however, posted significant growth. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then reduced slightly in the following year.

Exports by Country

The Netherlands (X tons), France (X tons) and Belgium (X tons) were the main destinations of canary seed exports from the UK, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the Netherlands ($X), France ($X) and Belgium ($X) constituted the largest markets for canary seed exported from the UK worldwide, together comprising X% of total exports.

In terms of the main countries of destination, the Netherlands, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average canary seed export price stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the export price, however, showed a perceptible decline. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($X per ton), while the average price for exports to the Netherlands ($X 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 Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.

Canary Seed Imports

Imports into the UK

For the fourth consecutive year, the UK recorded decline in overseas purchases of canary seed, which decreased by X% to X tons in 2022. In general, imports saw a significant contraction. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, canary seed imports declined remarkably to $X in 2022. Over the period under review, imports recorded a significant contraction. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, India (X tons) constituted the largest canary seed supplier to the UK, with a X% share of total imports. Moreover, canary seed imports from India exceeded the figures recorded by the second-largest supplier, Hungary (X tons), fivefold. Belgium (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from India stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (X% per year) and Belgium (X% per year).

In value terms, India ($X) constituted the largest supplier of canary seed to the UK, comprising X% of total imports. The second position in the ranking was held by Hungary ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual growth rate of value from India totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (X% per year) and Belgium (X% per year).

Import Prices by Country

The average canary seed import price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the import price saw a buoyant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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