Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Portugal - 2023

Contents:

  1. Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Portugal (CIF) - 2022
  2. Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Portugal (FOB) - 2023
  3. Imports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Portugal
  4. Exports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Portugal

Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Portugal (CIF) - 2022

In 2022, the average import price for seeds, fruit and spores; of a kind used for sowing amounted to $4,908 per ton, surging by 2.7% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. The growth pace was the most rapid in 2013 an increase of 24%. The import price peaked at $6,016 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($9,113 per ton), while the price for Chile ($1,297 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Portugal (FOB) - 2023

In September 2023, the average export price for seeds, fruit and spores; of a kind used for sowing amounted to $2,392 per ton, growing by 11% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 an increase of 74% against the previous month. Over the period under review, the average export prices reached the maximum at $3,384 per ton in April 2023; however, from May 2023 to September 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($3,784 per ton), while the average price for exports to France ($1,712 per ton) was amongst the lowest.

From November 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Portugal

In 2022, purchases abroad of seeds, fruit and spores; of a kind used for sowing decreased by -10.7% to 10K tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +6.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 38% against the previous year. As a result, imports attained the peak of 12K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of seeds, fruit and spores; of a kind used for sowing declined to $51M in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 4.3%.

Import of Seeds, Fruit and Spores; of A Kind Used for Sowing in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain30.433.233.527.9-2.8%
Netherlands7.27.57.15.8-7.0%
Italy2.53.04.14.723.4%
Germany2.22.21.93.112.1%
Australia0.61.01.02.049.4%
ChileN/A0.10.41.6300.0%
United States2.11.72.01.5-10.6%
Others6.75.35.64.5-12.4%
Total51.753.955.651.0-0.5%

Top Suppliers of Seeds, Fruit and Spores; of A Kind Used for Sowing to Portugal in 2022:

  1. Spain (3.1K tons)
  2. Germany (1.5K tons)
  3. Italy (1.4K tons)
  4. Chile (1.2K tons)
  5. Netherlands (1.1K tons)
  6. United States (1.0K tons)
  7. Australia (0.5K tons)

Exports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Portugal

In 2022, overseas shipments of seeds, fruit and spores; of a kind used for sowing decreased by -20% to 6.1K tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 42%. As a result, the exports attained the peak of 13K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of seeds, fruit and spores; of a kind used for sowing contracted remarkably to $14M in 2022. Overall, exports recorded a deep setback. The pace of growth was the most pronounced in 2020 with an increase of 55%. As a result, the exports attained the peak of $26M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Seeds, Fruit and Spores; of A Kind Used for Sowing in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain5.77.79.04.9-4.9%
France5.74.13.64.1-10.4%
Germany0.71.81.61.734.4%
Italy1.88.82.61.0-17.8%
Netherlands0.50.80.30.2-26.3%
SwitzerlandN/AN/AN/A0.20%
Others2.63.02.72.2-5.4%
Total16.926.219.814.4-5.2%

Top Export Markets for Seeds, Fruit and Spores; of A Kind Used for Sowing from Portugal in 2022:

  1. Spain (2412.2 tons)
  2. France (2195.7 tons)
  3. Germany (533.0 tons)
  4. Italy (425.9 tons)
  5. Netherlands (210.9 tons)
  6. Switzerland (113.4 tons)

Source: IndexBox Market Intelligence Platform

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