Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Ethiopia - 2022

Contents:

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

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

In 2022, the average import price for seeds, fruit and spores; of a kind used for sowing amounted to $34,850 per ton, shrinking by -9.1% against the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for seeds, fruit and spores; of a kind used for sowing decreased by -12.7% against 2018 indices. The pace of growth appeared the most rapid in 2018 when the average import price increased by 29%. As a result, import price reached the peak level of $39,908 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($127,592 per ton), while the price for Australia ($10,841 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.6%), 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 Ethiopia (FOB) - 2022

The average export price for seeds, fruit and spores; of a kind used for sowing stood at $1,748 per ton in 2022, with an increase of 73% against the previous year. Overall, the export price, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2015 an increase of 97% against the previous year. Over the period under review, the average export prices attained the maximum at $3,340 per ton in 2012; however, from 2013 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 ($3,116 per ton), while the average price for exports to Sudan ($324 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 (+0.6%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of seeds, fruit and spores; of a kind used for sowing into Ethiopia skyrocketed to 317 tons, with an increase of 18% compared with the year before. The total import volume increased at an average annual rate of +9.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 26% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of seeds, fruit and spores; of a kind used for sowing stood at $11M in 2022. The total import value increased at an average annual rate of +5.6% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2020 with an increase of 14% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Seeds, Fruit and Spores; of A Kind Used for Sowing in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1,0261,7901,7511,75819.7%
China2,3241,0021,0131,456-14.4%
Peru2144074681,01468.0%
South Africa7331,5751,3189719.8%
Thailand2,0391,8191,803911-23.6%
Pakistan2.838.635.6488458.6%
Italy634417693485-8.5%
United States4283789294340.5%
Denmark376160202322-5.0%
India2587741072954.6%
Australia20.051.617.2294145.0%
Serbia13061.051.2N/A-37.2%
Others1,2012,2181,9202,62829.8%
Total9,38610,69210,31011,0575.6%

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

  1. France (96.6 tons)
  2. Pakistan (42.8 tons)
  3. Italy (39.3 tons)
  4. Australia (27.1 tons)
  5. Peru (18.8 tons)
  6. United States (17.8 tons)
  7. Denmark (17.3 tons)
  8. India (16.4 tons)
  9. South Africa (15.6 tons)
  10. China (11.4 tons)
  11. Thailand (2.4 tons)

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

In 2022, overseas shipments of seeds, fruit and spores; of a kind used for sowing decreased by -35.6% to 1.1K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 75% against the previous year.

In value terms, exports of seeds, fruit and spores; of a kind used for sowing expanded significantly to $2M in 2022. The total export value increased at an average annual rate of +10.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 17%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Seeds, Fruit and Spores; of A Kind Used for Sowing in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands6261848931,38530.3%
Yemen145229N/A1736.1%
Egypt284831779155-18.3%
India0.439.873.1105540.3%
Turkey75.1133N/A87.85.3%
Sudan24.1N/AN/A13.0-18.6%
Vietnam11996.1N/AN/A-19.2%
SingaporeN/A186N/AN/A0%
Others1775.37.133.3-42.7%
Total1,4511,7041,7521,95310.4%

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

  1. Netherlands (444.4 tons)
  2. Egypt (360.0 tons)
  3. Turkey (110.4 tons)
  4. India (83.8 tons)
  5. Yemen (68.0 tons)
  6. Sudan (40.0 tons)

Source: IndexBox Market Intelligence Platform

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