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

Contents:

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

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

The average import price for seed; vegetable seed, of a kind used for sowings stood at $56,596 per ton in 2022, shrinking by -3.3% against the previous year. In general, the import price showed a mild shrinkage. The most prominent rate of growth was recorded in 2019 when the average import price increased by 51%. Over the period under review, average import prices attained the maximum at $75,511 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($186,790 per ton), while the price for Italy ($6,845 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+0.5%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for seed; vegetable seed, of a kind used for sowings amounted to $206,245 per ton, shrinking by -5.3% against the previous year. Overall, the export price, however, recorded significant growth. The growth pace was the most rapid in 2013 when the average export price increased by 5,265% against the previous year. Over the period under review, the average export prices attained the maximum at $217,725 per ton in 2021, and then shrank in the following year.

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 France ($348,206 per ton), while the average price for exports to Germany ($17,256 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 France (+67.5%), 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 Venezuela

In 2022, overseas purchases of seed; vegetable seed, of a kind used for sowings decreased by -17.2% to 58 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 128% against the previous year.

In value terms, imports of seed; vegetable seed, of a kind used for sowings reduced markedly to $3.3M in 2022. Over the period under review, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 102%.

Import of Seed; Vegetable Seed, of A Kind Used for Sowing in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina4097641,17988829.5%
Vietnam94.920837733352.0%
Netherlands8.755.1133157162.3%
Chile184260301132-10.5%
United States37.087.123264.620.4%
France3.921.026.243.6123.6%
Italy1.85.55.939.8180.7%
Others4881,0781,8651,64149.8%
Total1,2282,4794,1193,29939.0%

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

  1. Argentina (23.8 tons)
  2. Italy (5.8 tons)
  3. United States (5.6 tons)
  4. Vietnam (2.3 tons)
  5. France (2.1 tons)
  6. Netherlands (1.3 tons)
  7. Chile (0.7 tons)

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

In 2022, overseas shipments of seed; vegetable seed, of a kind used for sowings were finally on the rise to reach 1.2 tons after two years of decline. Overall, exports, however, saw a precipitous descent.

In value terms, exports of seed; vegetable seed, of a kind used for sowings surged to $246K in 2022. In general, exports, however, recorded a significant contraction.

Export of Seed; Vegetable Seed, of A Kind Used for Sowing in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France84343245.7211-37.0%
CanadaN/AN/AN/A9.10%
NetherlandsN/AN/AN/A6.40%
GermanyN/AN/AN/A5.80%
Bangladesh3.21.80.21.0-32.1%
OthersN/A12.6N/A12.4-0.8%
Total84644645.9246-33.7%

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

  1. France (607.0 kg)
  2. Germany (336.0 kg)
  3. Canada (120.0 kg)
  4. Netherlands (89.0 kg)
  5. Bangladesh (41.0 kg)

Source: IndexBox Market Intelligence Platform

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