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

Contents:

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

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

The average export price for seed; vegetable seed, of a kind used for sowings stood at $26,691 per ton in 2022, surging by 3.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.8%. The most prominent rate of growth was recorded in 2021 an increase of 20% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($118,786 per ton), while the average price for exports to Rwanda ($3,180 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 the Dominican Republic (+22.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for seed; vegetable seed, of a kind used for sowings stood at $37,850 per ton in 2022, growing by 12% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2020 when the average import price increased by 24%. As a result, import price attained the peak level of $41,477 per ton. From 2021 to 2022, the average import prices failed to regain momentum.

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 the Netherlands ($94,689 per ton), while the price for Italy ($4,562 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, exports of seed; vegetable seed, of a kind used for sowings from Israel rose modestly to 5.6K tons, picking up by 3.2% against the previous year's figure. The total export volume increased at an average annual rate of +3.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 34% against the previous year. As a result, the exports attained the peak of 6.9K 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 rose sharply to $150M in 2022. The total export value increased at an average annual rate of +8.7% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 26% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.

Export of Seed; Vegetable Seed, of A Kind Used for Sowing in Israel (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands19.726.122.128.613.2%
United States17.828.524.524.711.5%
Turkey6.211.014.616.638.9%
China7.14.64.74.6-13.5%
Italy1.54.53.64.544.2%
Ethiopia4.44.94.64.40.0%
Dominican Republic1.92.82.92.813.8%
Kenya1.01.40.71.719.3%
Tanzania0.71.40.71.322.9%
Costa RicaN/A0.60.81.241.4%
France0.80.70.81.214.5%
Zambia0.60.91.00.810.1%
RwandaN/A0.10.10.4100.0%
Others55.060.259.357.51.5%
Total1171481401508.6%

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

  1. Netherlands (1132.7 tons)
  2. Italy (468.1 tons)
  3. Kenya (432.1 tons)
  4. United States (367.6 tons)
  5. Dominican Republic (324.2 tons)
  6. Costa Rica (220.7 tons)
  7. Tanzania (209.3 tons)
  8. Ethiopia (207.4 tons)
  9. Zambia (195.0 tons)
  10. France (173.8 tons)
  11. China (141.1 tons)
  12. Turkey (139.5 tons)
  13. Rwanda (122.0 tons)

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

In 2022, purchases abroad of seed; vegetable seed, of a kind used for sowings decreased by -8.4% to 952 tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a noticeable downturn. The pace of growth was the most pronounced in 2020 with an increase of 19%. As a result, imports attained the peak of 1.2K 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 amounted to $36M in 2022. Over the period under review, total imports indicated a modest increase from 2019 to 2022: its value increased at an average annual rate of +1.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -28.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 47% against the previous year. As a result, imports attained the peak of $50M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Seed; Vegetable Seed, of A Kind Used for Sowing in Israel (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands6.127.27.920.249.1%
France2.42.32.92.0-5.9%
China2.91.52.01.7-16.3%
Italy1.01.01.21.411.9%
South Africa2.41.81.31.0-25.3%
Turkey0.70.80.60.98.7%
India1.51.11.60.8-18.9%
United States1.91.31.50.7-28.3%
Chile1.30.12.40.1-57.5%
KazakhstanN/AN/AN/AN/A0%
New Zealand0.60.10.4N/A-18.4%
Others13.312.813.27.3-18.1%
Total34.050.135.136.01.9%

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

  1. Italy (315.0 tons)
  2. Netherlands (212.9 tons)
  3. Turkey (131.8 tons)
  4. France (81.9 tons)
  5. United States (56.5 tons)
  6. South Africa (39.8 tons)
  7. China (25.7 tons)
  8. India (15.6 tons)
  9. Chile (5.7 tons)

Source: IndexBox Market Intelligence Platform

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