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

Contents:

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

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

In 2022, the average import price for seed; vegetable seed, of a kind used for sowings amounted to $27,696 per ton, increasing by 43% against the previous year. Over the period under review, the import price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 60% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($44,590 per ton), while the price for Italy ($14,132 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 (+11.4%), 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 the UK (FOB) - 2022

In 2022, the average export price for seed; vegetable seed, of a kind used for sowings amounted to $41,972 per ton, shrinking by -22.3% against the previous year. Over the period under review, the export price, however, saw strong growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 86% against the previous year. As a result, the export price attained the peak level of $54,017 per ton, and then shrank rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($69,241 per ton), while the average price for exports to Portugal ($7,875 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 Germany (+23.1%), 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 the UK

In 2022, overseas purchases of seed; vegetable seed, of a kind used for sowings decreased by -54.8% to 1.9K tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 58% against the previous year. As a result, imports reached the peak of 5.1K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of seed; vegetable seed, of a kind used for sowings declined sharply to $52M in 2022. In general, imports faced a deep setback. The pace of growth was the most pronounced in 2020 when imports increased by 48% against the previous year. As a result, imports reached the peak of $115M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Seed; Vegetable Seed, of A Kind Used for Sowing in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France12.725.115.312.3-1.1%
Netherlands52.975.554.310.3-42.0%
United States2.63.12.35.125.2%
New Zealand1.01.21.34.868.7%
Italy1.02.23.23.957.4%
Denmark0.10.20.13.7233.2%
China0.40.50.50.931.0%
Germany2.12.61.00.5-38.0%
India0.31.00.40.30.0%
Others5.03.92.710.728.9%
Total78.011580.952.4-12.4%

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

  1. Netherlands (419.8 tons)
  2. France (411.8 tons)
  3. New Zealand (278.8 tons)
  4. Italy (273.4 tons)
  5. Denmark (123.6 tons)
  6. United States (113.5 tons)
  7. China (37.6 tons)
  8. Germany (30.1 tons)
  9. India (15.7 tons)

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

In 2022, overseas shipments of seed; vegetable seed, of a kind used for sowings decreased by -3.3% to 444 tons, falling for the second year in a row after two years of growth. Overall, exports recorded a significant contraction. The growth pace was the most rapid in 2020 when exports increased by 18% against the previous year. As a result, the exports attained the peak of 1.3K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of seed; vegetable seed, of a kind used for sowings dropped remarkably to $19M in 2022. Over the period under review, exports faced a deep contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 30% against the previous year. As a result, the exports attained the peak of $38M. 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 the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain6.36.13.64.3-12.0%
Netherlands5.68.04.22.6-22.6%
United States2.11.91.82.44.6%
Canada0.81.21.31.626.0%
France1.11.31.11.22.9%
Ireland3.34.51.00.9-35.2%
Sweden0.91.20.40.7-8.0%
Senegal0.60.60.80.5-5.9%
Germany1.31.20.70.3-38.7%
Italy0.70.70.20.1-47.7%
Others6.110.79.93.9-13.9%
Total28.937.624.818.6-13.7%

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

  1. Spain (128.2 tons)
  2. United States (64.1 tons)
  3. Canada (45.6 tons)
  4. Netherlands (38.1 tons)
  5. Senegal (28.3 tons)
  6. France (25.6 tons)
  7. Ireland (23.5 tons)
  8. Sweden (21.7 tons)
  9. Italy (6.1 tons)
  10. Germany (5.7 tons)

Source: IndexBox Market Intelligence Platform

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