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

Contents:

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

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

The average import price for seed; vegetable seed, of a kind used for sowings stood at $59,408 per ton in 2022, falling by -26.8% against the previous year. Over the period under review, the import price saw a mild reduction. The pace of growth appeared the most rapid in 2018 an increase of 26% against the previous year. As a result, import price reached the peak level of $82,298 per ton. From 2019 to 2022, the average import prices remained at a somewhat 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 Chile ($402,752 per ton), while the price for Italy ($8,830 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+14.0%), 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 Colombia (FOB) - 2022

The average export price for seed; vegetable seed, of a kind used for sowings stood at $143,380 per ton in 2022, increasing by 33% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($174,552 per ton), while the average price for exports to Guatemala ($74,259 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 El Salvador (+109.6%), 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 Colombia

In 2022, imports of seed; vegetable seed, of a kind used for sowings into Colombia soared to 399 tons, jumping by 34% compared with the previous year's figure. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +16.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.7% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of seed; vegetable seed, of a kind used for sowings declined to $24M in 2022. The total import value increased at an average annual rate of +4.4% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 15%. As a result, imports reached the peak of $24M, and then shrank modestly in the following year.

Import of Seed; Vegetable Seed, of A Kind Used for Sowing in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.23.63.85.912.0%
IndiaN/A0.30.34.3278.6%
Brazil0.90.80.72.030.5%
Argentina1.51.22.11.98.2%
South Africa0.30.40.51.674.7%
France0.40.20.61.451.8%
Peru0.80.60.61.111.2%
Italy0.20.30.30.535.7%
DenmarkN/A0.10.20.373.2%
Japan1.71.30.90.1-61.1%
Others10.912.414.34.7-24.5%
Total20.921.124.223.74.3%

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

  1. United States (212.4 tons)
  2. Italy (56.6 tons)
  3. India (41.6 tons)
  4. Brazil (15.2 tons)
  5. Denmark (14.6 tons)
  6. France (12.3 tons)
  7. Argentina (11.7 tons)
  8. South Africa (9.3 tons)
  9. Peru (6.1 tons)
  10. Japan (0.3 tons)

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

In 2022, exports of seed; vegetable seed, of a kind used for sowings from Colombia skyrocketed to 205 kg, growing by 31% on the previous year. Over the period under review, exports showed prominent growth. The pace of growth appeared the most rapid in 2021 when exports increased by 200% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of seed; vegetable seed, of a kind used for sowings soared to $29K in 2022. In general, exports saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 294%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Seed; Vegetable Seed, of A Kind Used for Sowing in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.2N/AN/A16.8338.0%
El SalvadorN/A0.10.410.6929.6%
GuatemalaN/AN/A0.32.0566.7%
Japan4.3N/AN/AN/A0%
Peru4.03.46.7N/A29.4%
UgandaN/AN/A5.4N/A0%
Others1.00.84.0N/A100.0%
Total9.54.316.929.445.7%

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

  1. United States (96.0 kg)
  2. El Salvador (82.0 kg)
  3. Guatemala (27.0 kg)

Source: IndexBox Market Intelligence Platform

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