Price for Seed; Vegetable Seed, of A Kind Used for Sowing in South Africa - 2023

Contents:

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

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

In 2022, the average export price for seed; vegetable seed, of a kind used for sowings amounted to $20,438 per ton, falling by -18.9% against the previous year. Overall, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 an increase of 58%. The export price peaked at $25,200 per ton in 2021, and then shrank rapidly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($115,621 per ton), while the average price for exports to Botswana ($3,280 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 Japan (+17.7%), 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 South Africa (CIF) - 2022

The average import price for seed; vegetable seed, of a kind used for sowings stood at $35,269 per ton in 2022, leveling off at the previous year. In general, the import price, however, enjoyed a notable increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 117%. The import price peaked at $66,339 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($128,244 per ton), while the price for Denmark ($7,780 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+11.8%), 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 South Africa

In 2022, approx. 2.2K tons of seed; vegetable seed, of a kind used for sowings were exported from South Africa; growing by 24% against 2021 figures. The total export volume increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of seed; vegetable seed, of a kind used for sowings totaled $45M in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 1.8%. As a result, the exports attained the peak of $45M; afterwards, it flattened through to 2022.

Export of Seed; Vegetable Seed, of A Kind Used for Sowing in South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan5.03.06.16.16.9%
United States7.15.66.25.8-6.5%
Netherlands11.010.98.35.0-23.1%
Zimbabwe0.71.81.83.266.0%
Zambia1.41.92.83.231.7%
Philippines1.81.91.01.80.0%
Namibia1.92.22.51.8-1.8%
Kenya1.52.91.61.74.3%
Malawi0.60.91.11.329.4%
France1.11.91.81.22.9%
Mozambique0.40.90.90.931.0%
Botswana1.01.30.80.9-3.5%
Lesotho0.30.60.60.518.6%
Others9.98.78.810.93.3%
Total43.844.644.244.60.6%

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

  1. Botswana (285.3 tons)
  2. Namibia (203.7 tons)
  3. Zambia (174.4 tons)
  4. Netherlands (149.0 tons)
  5. Zimbabwe (141.1 tons)
  6. Mozambique (133.5 tons)
  7. Lesotho (115.5 tons)
  8. United States (109.0 tons)
  9. Philippines (101.1 tons)
  10. Kenya (57.5 tons)
  11. France (56.2 tons)
  12. Japan (52.7 tons)
  13. Malawi (45.9 tons)

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

In 2022, approx. 1K tons of seed; vegetable seed, of a kind used for sowings were imported into South Africa; approximately equating 2021 figures. In general, imports recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 114%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of seed; vegetable seed, of a kind used for sowings dropped modestly to $35M in 2022. The total import value increased at an average annual rate of +6.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 37% against the previous year. As a result, imports reached the peak of $41M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Seed; Vegetable Seed, of A Kind Used for Sowing in South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.07.35.54.413.6%
India0.92.52.43.557.3%
Chile1.93.23.33.320.2%
China2.53.22.82.95.1%
Netherlands7.16.72.02.6-28.5%
Italy0.50.81.31.647.4%
New Zealand0.61.21.20.75.3%
Denmark0.40.50.60.614.5%
Others12.915.216.616.07.4%
Total29.740.735.735.46.0%

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

  1. United States (252.9 tons)
  2. India (250.7 tons)
  3. Italy (178.2 tons)
  4. Denmark (72.6 tons)
  5. China (59.3 tons)
  6. Netherlands (47.5 tons)
  7. Chile (30.8 tons)
  8. New Zealand (29.1 tons)

Source: IndexBox Market Intelligence Platform

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