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

Contents:

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

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

The average export price for seeds, fruit and spores; of a kind used for sowing stood at $5,355 per ton in 2022, increasing by 6.4% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 8.9%. Over the period under review, the average export prices hit record highs at $5,926 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 external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($24,130 per ton), while the average price for exports to South Korea ($2,334 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 (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for seeds, fruit and spores; of a kind used for sowing stood at $10,311 per ton in 2022, surging by 1.9% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 20% against the previous year. Over the period under review, average import prices hit record highs at $11,022 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($63,401 per ton), while the price for Canada ($3,183 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+16.3%), 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 the United States

After three years of growth, overseas shipments of seeds, fruit and spores; of a kind used for sowing decreased by -10.2% to 202K tons in 2022. The total export volume increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. As a result, the exports reached the peak of 226K tons, and then contracted in the following year.

In value terms, exports of seeds, fruit and spores; of a kind used for sowing contracted modestly to $1.1B in 2022. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 14% against the previous year. As a result, the exports reached the peak of $1.1B, and then contracted in the following year.

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

1. Canada (53.8K tons)
2. China (37.7K tons)
3. Mexico (19.4K tons)
4. Japan (15.9K tons)
5. South Korea (13.3K tons)
6. Italy (6.4K tons)
7. Saudi Arabia (5.5K tons)
8. Australia (4.6K tons)
9. France (4.4K tons)
10. Spain (3.8K tons)
11. Netherlands (3.0K tons)

Imports of Seeds, Fruit and Spores; of A Kind Used for Sowing in the United States

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 -5.4% to 58K tons. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 5.9% against the previous year.

In value terms, imports of seeds, fruit and spores; of a kind used for sowing contracted slightly to $594M in 2022. The total import value increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 20% against the previous year. As a result, imports attained the peak of $616M, and then dropped slightly in the following year.

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

1. Canada (29.4K tons)
2. Denmark (8.4K tons)
3. New Zealand (4.8K tons)
4. Australia (2.3K tons)
5. Germany (2.3K tons)
6. Netherlands (2.0K tons)
7. China (1.1K tons)
8. Italy (0.9K tons)
9. India (0.9K tons)
10. Argentina (0.9K tons)

Source: IndexBox Market Intelligence Platform