Price for Seed; Vegetable Seed, of A Kind Used for Sowing in the United States - 2023
Contents:
- Price for Seed; Vegetable Seed, of A Kind Used for Sowing in the United States (FOB) - 2022
- Price for Seed; Vegetable Seed, of A Kind Used for Sowing in the United States (CIF) - 2022
- Exports of Seed; Vegetable Seed, of A Kind Used for Sowing in the United States
- Imports of Seed; Vegetable Seed, of A Kind Used for Sowing in the United States
Price for Seed; Vegetable Seed, of A Kind Used for Sowing in the United States (FOB) - 2022
In 2022, the average export price for seed; vegetable seed, of a kind used for sowings amounted to $46,218 per ton, remaining constant against the previous year. Over the last decade, it increased at an average annual rate of +3.6%. The pace of growth was the most pronounced in 2013 an increase of 16% against the previous year. The export price peaked at $46,277 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
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 Mexico ($78,340 per ton), while the average price for exports to South Korea ($6,635 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 (+6.2%), 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 the United States (CIF) - 2022
The average import price for seed; vegetable seed, of a kind used for sowings stood at $50,422 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the import price posted buoyant growth. The pace of growth was the most pronounced in 2021 an increase of 37%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($110,245 per ton), while the price for Bulgaria ($6,427 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+24.6%), 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 the United States
In 2022, the amount of seed; vegetable seed, of a kind used for sowings exported from the United States dropped modestly to 11K tons, which is down by -4.2% against 2021. Over the period under review, exports saw a perceptible slump. The smallest decline of -0.6% was in 2020.
In value terms, exports of seed; vegetable seed, of a kind used for sowings contracted to $526M in 2022. In general, exports showed a noticeable decline. The most prominent rate of growth was recorded in 2021 with an increase of 5.5% against the previous year.
| Export of Seed; Vegetable Seed, of A Kind Used for Sowing in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 196 | 181 | 179 | 199 | 0.5% |
| Canada | 53.0 | 56.0 | 67.0 | 65.5 | 7.3% |
| Netherlands | 94.7 | 80.6 | 74.6 | 55.5 | -16.3% |
| Japan | 28.9 | 17.4 | 18.3 | 21.0 | -10.1% |
| China | 27.7 | 14.1 | 18.6 | 15.6 | -17.4% |
| France | 14.9 | 12.6 | 9.5 | 11.1 | -9.3% |
| Australia | 7.1 | 7.5 | 11.1 | 10.1 | 12.5% |
| Bangladesh | 0.5 | 0.9 | 0.8 | 4.7 | 111.0% |
| South Korea | 2.5 | 1.2 | 2.2 | 2.1 | -5.6% |
| Others | 167 | 146 | 165 | 141 | -5.5% |
| Total | 592 | 517 | 546 | 526 | -3.9% |
Top Export Markets for Seed; Vegetable Seed, of A Kind Used for Sowing from the United States in 2022:
- Mexico (2.5K tons)
- Canada (2.3K tons)
- Japan (1.2K tons)
- Netherlands (1.0K tons)
- France (0.7K tons)
- South Korea (0.3K tons)
- Bangladesh (0.2K tons)
- Australia (0.2K tons)
- China (0.1K tons)
Imports of Seed; Vegetable Seed, of A Kind Used for Sowing in the United States
In 2022, the amount of seed; vegetable seed, of a kind used for sowings imported into the United States dropped to 7K tons, waning by -6.6% compared with the previous year's figure. In general, imports saw a abrupt descent.
In value terms, imports of seed; vegetable seed, of a kind used for sowings dropped to $352M in 2022. Over the period under review, imports showed a mild shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 25%. As a result, imports reached the peak of $375M, and then dropped in the following year.
| Import of Seed; Vegetable Seed, of A Kind Used for Sowing in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 92.3 | 62.1 | 120 | 106 | 4.7% |
| Chile | 39.2 | 31.1 | 29.8 | 30.4 | -8.1% |
| China | 27.9 | 23.1 | 28.4 | 26.9 | -1.2% |
| India | 21.3 | 19.3 | 24.6 | 24.6 | 4.9% |
| France | 20.2 | 16.7 | 24.3 | 24.0 | 5.9% |
| Italy | 16.1 | 16.7 | 22.4 | 17.4 | 2.6% |
| Denmark | 28.6 | 20.2 | 11.4 | 11.5 | -26.2% |
| New Zealand | 13.5 | 6.0 | 5.1 | 11.5 | -5.2% |
| Mexico | 10.9 | 9.0 | 12.3 | 10.3 | -1.9% |
| South Africa | 12.6 | 13.2 | 11.7 | 10.1 | -7.1% |
| Argentina | 5.6 | 8.1 | 9.2 | 8.1 | 13.1% |
| Bulgaria | 1.3 | 1.0 | 1.2 | 0.9 | -11.5% |
| Others | 81.5 | 74.5 | 74.7 | 70.6 | -4.7% |
| Total | 371 | 301 | 375 | 352 | -1.7% |
Top Suppliers of Seed; Vegetable Seed, of A Kind Used for Sowing to the United States in 2022:
- Denmark (1554.4 tons)
- Netherlands (1115.2 tons)
- China (942.2 tons)
- New Zealand (815.0 tons)
- India (522.9 tons)
- Italy (449.3 tons)
- Chile (275.7 tons)
- France (250.3 tons)
- Mexico (160.5 tons)
- Argentina (151.2 tons)
- South Africa (151.1 tons)
- Bulgaria (147.2 tons)
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