Price for Seed; Vegetable Seed, of A Kind Used for Sowing in France - 2023

Contents:

  1. Price for Seed; Vegetable Seed, of A Kind Used for Sowing in France (FOB) - 2022
  2. Price for Seed; Vegetable Seed, of A Kind Used for Sowing in France (CIF) - 2023
  3. Exports of Seed; Vegetable Seed, of A Kind Used for Sowing in France
  4. Imports of Seed; Vegetable Seed, of A Kind Used for Sowing in France

Price for Seed; Vegetable Seed, of A Kind Used for Sowing in France (FOB) - 2022

The average export price for seed; vegetable seed, of a kind used for sowings stood at $61,839 per ton in 2022, reducing by -19% against the previous year. Overall, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 an increase of 35% against the previous year. The export price peaked at $76,366 per ton in 2021, and then shrank notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($275,566 per ton), while the average price for exports to Denmark ($7,019 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 Mexico (+25.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Seed; Vegetable Seed, of A Kind Used for Sowing in France (CIF) - 2023

In October 2023, the average import price for seed; vegetable seed, of a kind used for sowings amounted to $63,334 per ton, increasing by 194% against the previous month. In general, the import price showed a strong increase. The import price peaked at $77,310 per ton in June 2023; however, from July 2023 to October 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was China ($86,865 per ton), while the price for New Zealand ($40,403 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by New Zealand (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Seed; Vegetable Seed, of A Kind Used for Sowing in France

In 2022, overseas shipments of seed; vegetable seed, of a kind used for sowings were finally on the rise to reach 8.4K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a abrupt setback.

In value terms, exports of seed; vegetable seed, of a kind used for sowings shrank to $521M in 2022. The total export value increased at an average annual rate of +2.8% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 9.1% against the previous year.

Export of Seed; Vegetable Seed, of A Kind Used for Sowing in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain95.398.910598.00.9%
Italy82.487.087.573.9-3.6%
Netherlands81.574.166.768.3-5.7%
Mexico6.413.030.234.375.0%
Morocco12.313.123.818.514.6%
United States12.519.320.215.77.9%
Germany8.010.416.114.221.1%
China6.77.67.69.311.5%
Algeria8.210.07.38.1-0.4%
India6.58.07.97.02.5%
Senegal6.06.77.46.42.2%
United Kingdom12.717.48.84.9-27.2%
Denmark3.01.51.01.4-22.4%
Others1381561671615.3%
Total4795235565212.8%

Top Export Markets for Seed; Vegetable Seed, of A Kind Used for Sowing from France in 2022:

  1. Italy (2693.4 tons)
  2. Netherlands (1442.7 tons)
  3. Germany (644.5 tons)
  4. Spain (355.5 tons)
  5. Algeria (282.4 tons)
  6. United States (207.5 tons)
  7. China (201.8 tons)
  8. Denmark (193.8 tons)
  9. Mexico (165.3 tons)
  10. Morocco (160.3 tons)
  11. Senegal (143.1 tons)
  12. India (107.1 tons)
  13. United Kingdom (65.1 tons)

Imports of Seed; Vegetable Seed, of A Kind Used for Sowing in France

In 2022, approx. 5.8K tons of seed; vegetable seed, of a kind used for sowings were imported into France; growing by 13% against the previous year's figure. The total import volume increased at an average annual rate of +4.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 24% against the previous year. As a result, imports attained the peak of 6.3K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of seed; vegetable seed, of a kind used for sowings stood at $237M in 2022. The total import value increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 18%. As a result, imports attained the peak of $250M. 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 France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands92.016114514115.3%
United States15.114.19.212.8-5.4%
Spain11.28.59.812.22.9%
Italy3.47.27.110.545.6%
Germany5.611.68.26.76.2%
China23.85.64.74.7-41.8%
Australia10.26.73.44.2-25.6%
United Kingdom1.21.91.63.441.5%
New Zealand5.25.72.92.3-23.8%
Denmark0.61.71.91.432.6%
Belgium0.71.31.50.6-5.0%
Others42.925.336.937.4-4.5%
Total2122502322373.8%

Top Suppliers of Seed; Vegetable Seed, of A Kind Used for Sowing to France in 2022:

  1. Netherlands (2753.7 tons)
  2. United States (893.9 tons)
  3. Italy (527.6 tons)
  4. Germany (319.5 tons)
  5. New Zealand (181.0 tons)
  6. Spain (174.2 tons)
  7. Belgium (156.9 tons)
  8. Denmark (146.3 tons)
  9. Australia (123.9 tons)
  10. United Kingdom (99.2 tons)
  11. China (53.8 tons)

Source: IndexBox Market Intelligence Platform

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