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

Contents:

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

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

The average import price for seed; vegetable seed, of a kind used for sowings stood at $37,116 per ton in 2022, surging by 2.1% against the previous year. Over the period under review, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.9% 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 +3.0% against 2018 indices. The most prominent rate of growth was recorded in 2015 an increase of 46% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($142,550 per ton), while the price for Pakistan ($6,429 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.8%), 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 Ethiopia (FOB) - 2022

The average export price for seed; vegetable seed, of a kind used for sowings stood at $496 per ton in 2022, falling by -58.8% against the previous year. In general, the export price saw a abrupt decrease. The most prominent rate of growth was recorded in 2016 when the average export price increased by 181% against the previous year. Over the period under review, the average export prices reached the peak figure at $5,510 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Yemen ($2,640 per ton), while the average price for exports to the Netherlands ($441 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 Yemen (+335.8%), while the prices for the other major destinations experienced a decline.

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

In 2022, purchases abroad of seed; vegetable seed, of a kind used for sowings decreased by -35.4% to 265 tons, falling for the second year in a row after two years of growth. In general, imports showed a abrupt setback. The pace of growth appeared the most rapid in 2020 when imports increased by 27% against the previous year. As a result, imports attained the peak of 458 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of seed; vegetable seed, of a kind used for sowings fell markedly to $9.8M in 2022. Over the period under review, imports saw a abrupt decline. The pace of growth was the most pronounced in 2020 with an increase of 30%. As a result, imports attained the peak of $15M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Seed; Vegetable Seed, of A Kind Used for Sowing in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,8721,3071,3661,355-22.2%
France1,3322,6052,2221,186-3.8%
Thailand2,5302,5932,547911-28.9%
South Africa9562,2671,798784-6.4%
Pakistan10.514.050.4488259.5%
Italy653516968465-10.7%
United States2584371,13143418.9%
Denmark14723328632229.9%
India3291,124711293-3.8%
Netherlands42714138556.4-49.1%
Serbia17088.772.6N/A-34.7%
Others2,1904,0553,3813,54217.4%
Total11,87515,38114,9179,836-6.1%

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

  1. Pakistan (76.0 tons)
  2. France (61.6 tons)
  3. Italy (33.2 tons)
  4. United States (17.8 tons)
  5. Denmark (17.3 tons)
  6. India (16.4 tons)
  7. Thailand (15.0 tons)
  8. South Africa (9.9 tons)
  9. China (9.5 tons)
  10. Netherlands (2.8 tons)

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

Exports of seed; vegetable seed, of a kind used for sowings from Ethiopia soared to 3.3K tons in 2022, rising by 363% against the previous year's figure. In general, exports posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 2,401%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of seed; vegetable seed, of a kind used for sowings soared to $1.6M in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,012% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Seed; Vegetable Seed, of A Kind Used for Sowing in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands0.21.52261,3631795.9%
YemenN/A1.8N/A172877.5%
India1.60.74.1105303.4%
Dominican RepublicN/AN/A81.3N/A0%
Others17573.2548N/A77.0%
Total17677.28581,640110.4%

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

  1. Netherlands (3.1K tons)
  2. India (0.2K tons)
  3. Yemen (0.1K tons)

Source: IndexBox Market Intelligence Platform

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