Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Argentina - 2023

Contents:

  1. Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Argentina (CIF) - 2022
  2. Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Argentina (FOB) - 2022
  3. Imports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Argentina
  4. Exports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Argentina

Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Argentina (CIF) - 2022

The average import price for seeds, fruit and spores; of a kind used for sowing stood at $11,054 per ton in 2022, with an increase of 17% against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 20% against the previous year. Over the period under review, average import prices reached 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 Brazil ($24,778 per ton), while the price for Uruguay ($2,813 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Argentina (FOB) - 2022

The average export price for seeds, fruit and spores; of a kind used for sowing stood at $2,745 per ton in 2022, growing by 23% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2018 when the average export price increased by 35%. The export price peaked at $3,074 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($10,245 per ton), while the average price for exports to Morocco ($618 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 Netherlands (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Argentina

In 2022, after three years of growth, there was significant decline in supplies from abroad of seeds, fruit and spores; of a kind used for sowing, when their volume decreased by -18.7% to 5.4K tons. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +7.7% 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 +24.8% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 43%. As a result, imports attained the peak of 6.6K tons, and then plummeted in the following year.

In value terms, imports of seeds, fruit and spores; of a kind used for sowing shrank to $59M in 2022. The total import value increased at an average annual rate of +10.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 26%. As a result, imports attained the peak of $62M, and then fell modestly in the following year.

Import of Seeds, Fruit and Spores; of A Kind Used for Sowing in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States10.08.910.612.88.6%
Australia3.55.38.25.012.6%
France2.02.22.83.318.2%
Denmark2.42.22.92.85.3%
Canada1.71.51.72.615.2%
Italy1.61.62.42.617.6%
Uruguay1.62.03.72.617.6%
Others21.025.730.127.99.9%
Total43.749.562.459.410.8%

Top Suppliers of Seeds, Fruit and Spores; of A Kind Used for Sowing to Argentina in 2022:

  1. United States (1190.2 tons)
  2. Uruguay (907.8 tons)
  3. Denmark (710.0 tons)
  4. Australia (550.1 tons)
  5. Italy (481.6 tons)
  6. Canada (418.9 tons)
  7. France (304.3 tons)

Exports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Argentina

In 2022, overseas shipments of seeds, fruit and spores; of a kind used for sowing increased by 79% to 15K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a deep setback.

In value terms, exports of seeds, fruit and spores; of a kind used for sowing soared to $41M in 2022. Over the period under review, exports continue to indicate measured growth.

Export of Seeds, Fruit and Spores; of A Kind Used for Sowing in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.16.45.610.910.4%
Uruguay6.46.46.49.012.0%
United States6.98.61.17.84.2%
Netherlands4.86.74.46.510.6%
Brazil2.12.10.51.7-6.8%
Italy5.74.5N/A0.7-50.3%
MoroccoN/A0.7N/A0.70.0%
PakistanN/A0.70.2N/A-71.4%
Others4.35.00.43.4-7.5%
Total38.341.218.640.72.0%

Top Export Markets for Seeds, Fruit and Spores; of A Kind Used for Sowing from Argentina in 2022:

  1. Uruguay (6.0K tons)
  2. China (4.3K tons)
  3. Morocco (1.1K tons)
  4. United States (1.0K tons)
  5. Brazil (0.7K tons)
  6. Netherlands (0.6K tons)
  7. Italy (0.5K tons)

Source: IndexBox Market Intelligence Platform

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