Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Australia - 2023
Contents:
- Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Australia (CIF) - 2022
- Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Australia (FOB) - 2022
- Imports of Seed; Vegetable Seed, of A Kind Used for Sowing in Australia
- Exports of Seed; Vegetable Seed, of A Kind Used for Sowing in Australia
Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Australia (CIF) - 2022
In 2022, the average import price for seed; vegetable seed, of a kind used for sowings amounted to $78,394 per ton, reducing by -3.4% against the previous year. Overall, the import price, however, saw a pronounced expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by 78% against the previous year. Over the period under review, average import prices attained the peak figure at $81,183 per ton in 2021, and then contracted slightly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was New Zealand ($341,220 per ton), while the price for Denmark ($14,126 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 (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Australia (FOB) - 2022
The average export price for seed; vegetable seed, of a kind used for sowings stood at $19,448 per ton in 2022, dropping by -12.4% against the previous year. Overall, the export price recorded a noticeable decline. The pace of growth was the most pronounced in 2016 an increase of 33% against the previous year. Over the period under review, the average export prices reached the maximum at $25,222 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($29,401 per ton), while the average price for exports to Nepal ($609 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 (+7.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Seed; Vegetable Seed, of A Kind Used for Sowing in Australia
In 2022, overseas purchases of seed; vegetable seed, of a kind used for sowings were finally on the rise to reach 844 tons after two years of decline. Over the period under review, imports, however, saw a abrupt shrinkage.
In value terms, imports of seed; vegetable seed, of a kind used for sowings reached $66M in 2022. The total import value increased at an average annual rate of +2.7% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 19%. As a result, imports attained the peak of $72M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Seed; Vegetable Seed, of A Kind Used for Sowing in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.8 | 7.5 | 8.6 | 8.8 | 14.9% |
| Netherlands | 7.2 | 8.9 | 9.6 | 8.5 | 5.7% |
| Chile | 6.7 | 7.0 | 8.9 | 8.2 | 7.0% |
| France | 7.1 | 8.7 | 5.7 | 6.9 | -0.9% |
| New Zealand | 5.4 | 4.6 | 5.1 | 5.9 | 3.0% |
| Denmark | 3.5 | 3.9 | 3.6 | 4.3 | 7.1% |
| Italy | 1.8 | 2.6 | 2.2 | 2.9 | 17.2% |
| China | 1.8 | 2.7 | 2.1 | 1.1 | -15.1% |
| Germany | 0.6 | 0.1 | 0.4 | 0.6 | 0.0% |
| Poland | 5.5 | 3.5 | N/A | 0.1 | -73.7% |
| Others | 15.8 | 22.9 | 18.4 | 18.8 | 6.0% |
| Total | 61.0 | 72.5 | 64.6 | 66.2 | 2.8% |
Top Suppliers of Seed; Vegetable Seed, of A Kind Used for Sowing to Australia in 2022:
- Denmark (305.0 tons)
- United States (216.8 tons)
- Netherlands (91.0 tons)
- France (46.6 tons)
- Chile (38.5 tons)
- Italy (28.0 tons)
- Germany (21.6 tons)
- China (20.7 tons)
- New Zealand (17.4 tons)
- Poland (2.7 tons)
Exports of Seed; Vegetable Seed, of A Kind Used for Sowing in Australia
In 2022, the amount of seed; vegetable seed, of a kind used for sowings exported from Australia fell to 1.1K tons, with a decrease of -11.9% on 2021 figures. In general, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 11%.
In value terms, exports of seed; vegetable seed, of a kind used for sowings reduced dramatically to $20M in 2022. Overall, exports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 6.2%.
| Export of Seed; Vegetable Seed, of A Kind Used for Sowing in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 12.0 | 11.0 | 13.3 | 9.5 | -7.5% |
| France | 8.8 | 5.9 | 2.8 | 3.2 | -28.6% |
| Japan | 5.6 | 2.8 | 3.7 | 2.0 | -29.1% |
| New Zealand | 1.6 | 1.1 | 1.3 | 1.9 | 5.9% |
| China | 0.5 | 0.4 | 0.9 | 0.3 | -15.7% |
| Hong Kong SAR | 0.6 | 0.3 | 0.9 | 0.2 | -30.7% |
| Nepal | N/A | N/A | N/A | 0.1 | 0% |
| Others | 3.3 | 3.4 | 3.6 | 3.2 | -1.0% |
| Total | 32.3 | 24.9 | 26.5 | 20.4 | -14.2% |
Top Export Markets for Seed; Vegetable Seed, of A Kind Used for Sowing from Australia in 2022:
- Netherlands (352.6 tons)
- Nepal (205.0 tons)
- France (108.5 tons)
- Japan (95.7 tons)
- New Zealand (90.0 tons)
- Hong Kong SAR (52.1 tons)
- China (39.5 tons)
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