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

Contents:

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

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

The average import price for seed; vegetable seed, of a kind used for sowings stood at $48,740 per ton in 2022, jumping by 15% against the previous year. Overall, the import price showed a prominent increase. The growth pace was the most rapid in 2019 an increase of 139%. As a result, import price reached the peak level of $79,208 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($174,438 per ton), while the price for the United Arab Emirates ($745 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+17.8%), 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 Algeria (FOB) - 2022

In 2022, the average export price for seed; vegetable seed, of a kind used for sowings amounted to $12,214 per ton, falling by -23.1% against the previous year. Over the period under review, the export price faced a abrupt descent. The pace of growth was the most pronounced in 2014 an increase of 94%. Over the period under review, the average export prices attained the peak figure at $43,494 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($22,425 per ton), while the average price for exports to the Netherlands ($709 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 France (-6.2%).

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

Imports of seed; vegetable seed, of a kind used for sowings into Algeria was estimated at 1.4K tons in 2022, growing by 6% on 2021. In general, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +21.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.8% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 75% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of seed; vegetable seed, of a kind used for sowings soared to $66M in 2022. The total import value increased at an average annual rate of +3.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 31% against the previous year. As a result, imports reached the peak of $78M. 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 Algeria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands12.217.78.815.27.6%
France6.07.74.84.7-7.8%
Chile3.44.24.24.38.1%
China5.45.24.33.5-13.5%
Italy0.91.31.52.336.7%
United States0.91.61.61.03.6%
United Arab EmiratesN/AN/AN/AN/A0%
Others30.940.729.235.34.5%
Total59.678.454.466.43.7%

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

  1. France (421.4 tons)
  2. Netherlands (99.4 tons)
  3. China (79.8 tons)
  4. United Arab Emirates (42.9 tons)
  5. Italy (42.8 tons)
  6. Chile (30.0 tons)
  7. United States (16.5 tons)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of seed; vegetable seed, of a kind used for sowings, when their volume decreased by -14% to 1.1 tons. Overall, exports, however, recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 303%.

In value terms, exports of seed; vegetable seed, of a kind used for sowings declined dramatically to $13K in 2022. In general, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 209% against the previous year. As a result, the exports attained the peak of $20K, and then contracted markedly in the following year.

Export of Seed; Vegetable Seed, of A Kind Used for Sowing in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2.16.520.07.653.5%
TurkeyN/AN/AN/A0.60%
NetherlandsN/AN/A0.30.1-66.7%
SwitzerlandN/AN/AN/AN/A0%
OthersN/AN/AN/A5.20%
Total2.16.620.313.585.9%

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

  1. France (339.0 kg)
  2. Netherlands (158.0 kg)
  3. Turkey (108.0 kg)

Source: IndexBox Market Intelligence Platform

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