Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Spain - 2023

Contents:

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

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

The average import price for seed; vegetable seed, of a kind used for sowings stood at $64,357 per ton in 2022, increasing by 1.7% against the previous year. Overall, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for seed; vegetable seed, of a kind used for sowings increased by +6.0% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 60% against the previous year. Over the period under review, average import prices reached the peak figure at $87,784 per ton in 2015; however, from 2016 to 2022, import prices remained at a 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 China ($167,271 per ton), while the price for Denmark ($8,332 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+28.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for seed; vegetable seed, of a kind used for sowings amounted to $31,036 per ton, increasing by 2.5% against the previous year. Overall, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for seed; vegetable seed, of a kind used for sowings decreased by -33.9% against 2019 indices. The pace of growth was the most pronounced in 2017 an increase of 45% against the previous year. Over the period under review, the average export prices reached the peak figure at $46,988 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($74,979 per ton), while the average price for exports to Greece ($11,081 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 Italy (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, after three years of growth, there was significant decline in overseas purchases of seed; vegetable seed, of a kind used for sowings, when their volume decreased by -15.1% to 5.1K tons. The total import volume increased at an average annual rate of +7.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 36%.

In value terms, imports of seed; vegetable seed, of a kind used for sowings shrank to $331M in 2022. The total import value increased at an average annual rate of +1.4% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 10%. As a result, imports attained the peak of $384M, and then dropped in the following year.

Import of Seed; Vegetable Seed, of A Kind Used for Sowing in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands183206222180-0.5%
France71.110110797.611.1%
Israel6.111.212.614.633.8%
Italy3.22.73.85.922.6%
Denmark0.90.91.40.90.0%
Others53.526.537.232.7-15.1%
Total3183483843311.3%

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

  1. Netherlands (3658.0 tons)
  2. France (799.2 tons)
  3. Italy (197.7 tons)
  4. Israel (152.5 tons)
  5. Denmark (104.3 tons)

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

After three years of growth, overseas shipments of seed; vegetable seed, of a kind used for sowings decreased by -15.6% to 3.1K tons in 2022. Over the period under review, exports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 72% against the previous year. As a result, the exports attained the peak of 3.7K tons, and then fell rapidly in the following year.

In value terms, exports of seed; vegetable seed, of a kind used for sowings dropped to $97M in 2022. The total export value increased at an average annual rate of +2.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 36%. As a result, the exports reached the peak of $112M, and then fell in the following year.

Export of Seed; Vegetable Seed, of A Kind Used for Sowing in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal16.418.221.914.9-3.1%
France13.510.311.313.1-1.0%
Italy5.36.28.012.834.2%
Netherlands15.18.011.09.5-14.3%
Morocco5.61.64.87.610.7%
Saudi Arabia1.91.91.92.915.1%
Greece0.70.70.91.012.6%
Germany0.50.81.00.921.6%
United Kingdom1.01.50.30.1-53.6%
Others31.133.150.633.92.9%
Total91.182.211296.62.0%

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

  1. Portugal (990.8 tons)
  2. Netherlands (523.1 tons)
  3. Italy (518.7 tons)
  4. Saudi Arabia (215.0 tons)
  5. France (174.1 tons)
  6. Morocco (146.5 tons)
  7. Greece (92.6 tons)
  8. Germany (78.2 tons)
  9. United Kingdom (7.1 tons)

Source: IndexBox Market Intelligence Platform

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