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

Contents:

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

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

The average export price for seeds, fruit and spores; of a kind used for sowing stood at $5,817 per ton in 2022, with a decrease of -32.9% against the previous year. Overall, the export price faced a abrupt slump. The most prominent rate of growth was recorded in 2013 when the average export price increased by 29%. Over the period under review, the average export prices hit record highs at $27,560 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($26,966 per ton), while the average price for exports to Portugal ($388 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 China (-1.9%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for seeds, fruit and spores; of a kind used for sowing amounted to $2,167 per ton, with a decrease of -39% against the previous year. In general, the import price saw a deep contraction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 31%. The import price peaked at $6,155 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 the Netherlands ($6,625 per ton), while the price for Australia ($381 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

For the fourth consecutive year, Belgium recorded growth in overseas shipments of seeds, fruit and spores; of a kind used for sowing, which increased by 47% to 26K tons in 2022. In general, exports recorded significant growth. The growth pace was the most rapid in 2021 when exports increased by 68%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of seeds, fruit and spores; of a kind used for sowing contracted slightly to $154M in 2022. The total export value increased at an average annual rate of +3.8% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 10%.

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

1. Netherlands (8.6K tons)
2. France (6.8K tons)
3. Germany (2.2K tons)
4. Russia (2.0K tons)
5. Portugal (1.9K tons)
6. Egypt (1.4K tons)
7. Luxembourg (0.6K tons)
8. China (0.2K tons)

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

For the fourth consecutive year, Belgium recorded growth in supplies from abroad of seeds, fruit and spores; of a kind used for sowing, which increased by 29% to 58K tons in 2022. Overall, imports posted significant growth. The growth pace was the most rapid in 2021 with an increase of 88%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, imports of seeds, fruit and spores; of a kind used for sowing reduced rapidly to $126M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +9.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 35% against the previous year.

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

1. Australia (33.3K tons)
2. Netherlands (7.8K tons)
3. France (4.9K tons)
4. Italy (3.8K tons)
5. Germany (2.1K tons)
6. New Zealand (1.0K tons)
7. Portugal (0.9K tons)

Source: IndexBox Market Intelligence Platform