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

Contents:

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

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

The average import price for seeds, fruit and spores; of a kind used for sowing stood at $3,135 per ton in 2022, with a decrease of -4.6% against the previous year. Over the period under review, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% 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 -7.6% against 2020 indices. The growth pace was the most rapid in 2017 when the average import price increased by 21% against the previous year. The import price peaked at $3,394 per ton in 2020; however, from 2021 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 Australia ($65,138 per ton), while the price for Argentina ($1,861 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+27.2%), 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 Uruguay (FOB) - 2022

In 2022, the average export price for seeds, fruit and spores; of a kind used for sowing amounted to $2,006 per ton, rising by 45% against the previous year. Overall, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for seeds, fruit and spores; of a kind used for sowing increased by +67.2% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Argentina ($3,304 per ton), while the average price for exports to the UK ($980 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 (+59.2%), 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 Uruguay

In 2022, imports of seeds, fruit and spores; of a kind used for sowing into Uruguay rose remarkably to 5.6K tons, picking up by 9.6% on the previous year. The total import volume increased at an average annual rate of +7.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 15% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of seeds, fruit and spores; of a kind used for sowing rose slightly to $18M in 2022. The total import value increased at an average annual rate of +5.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by 11% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Seeds, Fruit and Spores; of A Kind Used for Sowing in Uruguay (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina6.36.67.89.012.6%
New Zealand0.40.30.80.826.0%
Italy0.60.80.70.60.0%
Others7.77.47.57.2-2.2%
Total15.015.116.817.65.5%

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

  1. Argentina (4.8K tons)
  2. New Zealand (0.4K tons)
  3. Italy (0.1K tons)

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

In 2022, shipments abroad of seeds, fruit and spores; of a kind used for sowing decreased by -50.5% to 5.4K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 20%. As a result, the exports attained the peak of 12K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of seeds, fruit and spores; of a kind used for sowing shrank notably to $11M in 2022. In general, exports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 10% against the previous year.

Export of Seeds, Fruit and Spores; of A Kind Used for Sowing in Uruguay (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil4.34.23.33.2-9.4%
Argentina1.61.93.62.719.1%
ChinaN/AN/A1.92.110.5%
South Africa0.51.01.00.817.0%
France0.70.90.90.5-10.6%
ChileN/A0.10.20.4100.0%
United States0.90.50.50.3-30.7%
Netherlands0.40.40.50.2-20.6%
Germany0.91.70.50.2-39.4%
United Kingdom0.20.20.30.20.0%
Poland0.30.70.4N/A15.5%
Italy1.71.61.2N/A-16.0%
Canada1.10.2N/AN/A-81.8%
Others0.91.30.90.2-39.4%
Total13.514.915.210.9-6.9%

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

  1. Brazil (1870.4 tons)
  2. China (1179.0 tons)
  3. Argentina (822.0 tons)
  4. France (333.5 tons)
  5. South Africa (253.8 tons)
  6. United Kingdom (231.1 tons)
  7. Chile (146.6 tons)
  8. United States (138.8 tons)
  9. Germany (135.5 tons)
  10. Netherlands (126.2 tons)
  11. Italy (23.6 tons)

Source: IndexBox Market Intelligence Platform

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