Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Morocco - 2023
Contents:
- Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Morocco (CIF) - 2022
- Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Morocco (FOB) - 2022
- Imports of Seed; Vegetable Seed, of A Kind Used for Sowing in Morocco
- Exports of Seed; Vegetable Seed, of A Kind Used for Sowing in Morocco
Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Morocco (CIF) - 2022
The average import price for seed; vegetable seed, of a kind used for sowings stood at $64,852 per ton in 2022, growing by 18% against the previous year. In general, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.6% 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 decreased by -23.8% against 2020 indices. The growth pace was the most rapid in 2020 when the average import price increased by 69%. As a result, import price reached the peak level of $85,151 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 India ($332,404 per ton), while the price for China ($18,761 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+23.6%), 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 Morocco (FOB) - 2022
In 2022, the average export price for seed; vegetable seed, of a kind used for sowings amounted to $283,651 per ton, shrinking by -20.9% against the previous year. Over the period under review, the export price saw a mild descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by 40% against the previous year. As a result, the export price reached the peak level of $358,511 per ton, and then declined notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($400,531 per ton), while the average price for exports to the United States ($99,443 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 Denmark (+8.2%), 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 Morocco
In 2022, approx. 1.6K tons of seed; vegetable seed, of a kind used for sowings were imported into Morocco; declining by -12.6% on 2021 figures. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +5.9% 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 +74.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 99.9% against the previous year. As a result, imports reached the peak of 1.8K tons, and then fell in the following year.
In value terms, imports of seed; vegetable seed, of a kind used for sowings rose slightly to $105M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.2% 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 +52.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 29%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the near future.
| Import of Seed; Vegetable Seed, of A Kind Used for Sowing in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | 12.8 | 5.3 | 14.1 | 23.6 | 22.6% |
| Guatemala | 1.4 | 14.5 | 16.9 | 17.0 | 129.8% |
| China | 8.5 | 5.1 | 10.7 | 10.8 | 8.3% |
| Spain | 3.3 | 4.0 | 9.3 | 7.7 | 32.6% |
| Peru | 12.6 | 9.9 | 12.9 | 7.2 | -17.0% |
| France | 3.3 | 5.8 | 4.0 | 3.8 | 4.8% |
| United States | 4.4 | 4.3 | 5.8 | 3.7 | -5.6% |
| Others | 22.5 | 29.8 | 27.8 | 30.9 | 11.2% |
| Total | 68.6 | 78.7 | 101 | 105 | 15.2% |
Top Suppliers of Seed; Vegetable Seed, of A Kind Used for Sowing to Morocco in 2022:
- China (575.8 tons)
- Spain (242.2 tons)
- Kenya (241.2 tons)
- Guatemala (180.7 tons)
- Peru (73.8 tons)
- United States (71.8 tons)
- France (69.2 tons)
Exports of Seed; Vegetable Seed, of A Kind Used for Sowing in Morocco
In 2022, the amount of seed; vegetable seed, of a kind used for sowings exported from Morocco reduced to 11 tons, with a decrease of -12.2% against the previous year. In general, exports continue to indicate a mild reduction. The pace of growth was the most pronounced in 2021 with an increase of 15%. As a result, the exports reached the peak of 13 tons, and then declined in the following year.
In value terms, exports of seed; vegetable seed, of a kind used for sowings contracted notably to $3.2M in 2022. Overall, total exports indicated measured growth from 2019 to 2022: its value increased at an average annual rate of +2.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +12.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 62%. As a result, the exports reached the peak of $4.7M, and then declined notably in the following year.
| Export of Seed; Vegetable Seed, of A Kind Used for Sowing in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2.5 | 2.4 | 4.2 | 2.8 | 3.8% |
| France | 0.5 | 0.4 | 0.4 | 0.2 | -26.3% |
| United States | N/A | N/A | N/A | 0.2 | 0% |
| Mauritania | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 3.0 | 2.9 | 4.7 | 3.2 | 2.2% |
Top Export Markets for Seed; Vegetable Seed, of A Kind Used for Sowing from Morocco in 2022:
- Netherlands (9.2 tons)
- United States (1.6 tons)
- France (0.6 tons)
443
This report provides an in-depth analysis of the market for tree, flower and other seeds, fruits and spores for sowing in Morocco.
2286
This report provides an in-depth analysis of the global market for tree, flower and other seeds, fruits and spores for sowing.
443
This report provides an in-depth analysis of the market for tree, flower and other seeds, fruits and spores for sowing in Morocco.
2286
This report provides an in-depth analysis of the global market for tree, flower and other seeds, fruits and spores for sowing.
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