Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Ecuador - 2022

Contents:

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

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

The average import price for seed; vegetable seed, of a kind used for sowings stood at $66,759 per ton in 2022, which is down by -10.5% against the previous year. In general, the import price showed a slight downturn. The most prominent rate of growth was recorded in 2013 an increase of 8.5% against the previous year. As a result, import price attained the peak level of $82,109 per ton. From 2014 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 Chile ($447,215 per ton), while the price for Denmark ($11,869 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.9%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for seed; vegetable seed, of a kind used for sowings amounted to $33,200 per ton, declining by -38% against the previous year. Over the period under review, the export price, however, saw a temperate expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 285% against the previous year. As a result, the export price attained the peak level of $83,034 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Sudan amounted to +16.9% per year.

Imports of Seed; Vegetable Seed, of A Kind Used for Sowing in Ecuador

In 2022, approx. 220 tons of seed; vegetable seed, of a kind used for sowings were imported into Ecuador; rising by 27% compared with the previous year's figure. The total import volume increased at an average annual rate of +13.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of seed; vegetable seed, of a kind used for sowings rose remarkably to $15M in 2022. The total import value increased at an average annual rate of +9.2% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 26% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

Import of Seed; Vegetable Seed, of A Kind Used for Sowing in Ecuador (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile2.33.42.54.626.0%
United States1.62.21.61.95.9%
France1.01.41.01.719.3%
Italy0.30.60.60.944.2%
Thailand0.40.90.70.720.5%
India0.1N/AN/A0.571.0%
DenmarkN/A0.10.20.10.0%
Argentina0.81.31.1N/A17.3%
Costa RicaN/AN/A0.2N/A0%
Others4.84.55.04.5-2.1%
Total11.314.212.914.79.2%

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

  1. France (76.0 tons)
  2. Italy (50.6 tons)
  3. United States (43.5 tons)
  4. India (17.7 tons)
  5. Chile (10.2 tons)
  6. Denmark (8.5 tons)
  7. Thailand (5.9 tons)

Exports of Seed; Vegetable Seed, of A Kind Used for Sowing in Ecuador

In 2022, exports of seed; vegetable seed, of a kind used for sowings from Ecuador surged to 2 tons, increasing by 37% against the year before. Over the period under review, exports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2020 with an increase of 93% against the previous year. As a result, the exports reached the peak of 2.3 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of seed; vegetable seed, of a kind used for sowings dropped to $66K in 2022. In general, total exports indicated perceptible growth from 2019 to 2022: its value increased at an average annual rate of +2.9% 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 decreased by -40.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 84% against the previous year. As a result, the exports attained the peak of $112K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Seed; Vegetable Seed, of A Kind Used for Sowing in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States48.778.444.266.410.9%
LebanonN/A31.2N/AN/A0%
ItalyN/AN/A11.2N/A0%
NetherlandsN/AN/A5.7N/A0%
Others12.22.116.8N/A17.3%
Total60.911277.966.42.9%

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

  1. United States (2.0 tons)

Source: IndexBox Market Intelligence Platform

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