ASEAN: Canary Seed Market 2025

Canary Seed Market Size in ASEAN

In 2022, the ASEAN canary seed market increased by 14% to $X, rising for the second year in a row after five years of decline. The market value increased at an average annual rate of +2.3% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Canary Seed Production in ASEAN

In value terms, canary seed production expanded slightly to $X in 2022 estimated in export price. Overall, production continues to indicate a abrupt contraction. The growth pace was the most rapid in 2014 with an increase of 296%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Thailand (X tons) remains the largest canary seed producing country in ASEAN, accounting for 100% of total volume.

In Thailand, canary seed production increased at an average annual rate of +1.3% over the period from 2012-2022.

In 2022, the average canary seed yield in ASEAN dropped slightly to X kg per ha, almost unchanged from the previous year's figure. In general, the yield, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the yield increased by 0.4%. Over the period under review, the canary seed yield attained the maximum level at X kg per ha in 2021, and then declined 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.

In 2022, approx. X ha of canary seed were harvested in ASEAN; flattening at the previous year. The harvested area increased at an average annual rate of +1.1% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the harvested area increased by 3.2% against the previous year. Over the period under review, the harvested area dedicated to canary seed production reached the peak figure at X ha in 2021, and then dropped in the following year.

Canary Seed Exports

Exports in ASEAN

After two years of growth, overseas shipments of canary seed decreased by -21.5% to X tons in 2022. Over the period under review, exports, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2013 with an increase of 2,167% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, canary seed exports contracted to $X in 2022. In general, exports, however, enjoyed strong growth. The pace of growth was the most pronounced in 2013 with an increase of 607% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Singapore prevails in exports structure, amounting to X tons, which was near 96% of total exports in 2022. Indonesia (X tons) followed a long way behind the leaders.

Singapore was also the fastest-growing in terms of the canary seed exports, with a CAGR of +60.3% from 2012 to 2022. Indonesia (-17.4%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Singapore increased by +93 percentage points.

In value terms, Singapore ($X) remains the largest canary seed supplier in ASEAN, comprising 98% of total exports. The second position in the ranking was taken by Indonesia ($X), with a 2.4% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Singapore stood at +58.3%.

Export Prices by Country

The export price in ASEAN stood at $X per ton in 2022, surging by 13% against the previous year. Over the period under review, the export price, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2014 an increase of 211% against the previous year. The level of export peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Indonesia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (-1.3%).

Canary Seed Imports

Imports in ASEAN

In 2022, supplies from abroad of canary seed increased by 19% to X tons, rising for the second year in a row after two years of decline. In general, imports recorded a buoyant increase. The most prominent rate of growth was recorded in 2018 with an increase of 78%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, canary seed imports surged to $X in 2022. Overall, imports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2013 when imports increased by 95%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

Indonesia was the major importing country with an import of about X tons, which accounted for 76% of total imports. It was distantly followed by the Philippines (X tons), mixing up a 20% share of total imports. Thailand (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 Indonesia stood at +10.4%. At the same time, the Philippines (+17.7%) and Thailand (+4.7%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in ASEAN, with a CAGR of +17.7% from 2012-2022. While the share of the Philippines (+8.8 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Thailand (-2.7 p.p.) and Indonesia (-4.4 p.p.) displayed negative dynamics.

In value terms, Indonesia ($X) constitutes the largest market for imported canary seed in ASEAN, comprising 80% of total imports. The second position in the ranking was taken by the Philippines ($X), with a 17% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Indonesia stood at +16.7%. In the other countries, the average annual rates were as follows: the Philippines (+23.1% per year) and Thailand (+8.3% per year).

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per ton, growing by 63% against the previous year. Overall, the import price showed a prominent increase. 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, amid the top importers, the country with the highest price was Indonesia ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+5.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform