Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Libya - 2022

Contents:

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

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

The average import price for seed; vegetable seed, of a kind used for sowings stood at $47,163 per ton in 2022, increasing by 8.8% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 44% against the previous year. Over the period under review, average import prices attained the maximum at $53,883 per ton in 2019; however, from 2020 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 ($315,509 per ton), while the price for Jordan ($6,453 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+11.0%), 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 Libya (FOB) - 2022

In 2022, the average export price for seed; vegetable seed, of a kind used for sowings amounted to $98,348 per ton, declining by -5.9% against the previous year. In general, the export price, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by 43%. Over the period under review, the average export prices reached the maximum at $104,476 per ton in 2021, and then declined in the following year.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +11.8% per year.

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

After three years of growth, purchases abroad of seed; vegetable seed, of a kind used for sowings decreased by -4.4% to 361 tons in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +22.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 78% against the previous year.

In value terms, imports of seed; vegetable seed, of a kind used for sowings rose slightly to $17M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +16.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -3.7% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 66% against the previous year. As a result, imports attained the peak of $18M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Seed; Vegetable Seed, of A Kind Used for Sowing in Libya (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands6.310.39.610.217.4%
Turkey1.01.91.81.514.5%
United States0.30.60.71.571.0%
France1.22.01.01.20.0%
JordanN/A0.20.50.8100.0%
Italy0.61.21.50.75.3%
Spain0.50.60.70.50.0%
Others0.80.90.40.6-9.1%
Total10.717.716.417.016.7%

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

  1. Jordan (117.4 tons)
  2. Turkey (79.6 tons)
  3. Italy (53.6 tons)
  4. Netherlands (32.5 tons)
  5. United States (29.5 tons)
  6. France (27.1 tons)
  7. Spain (9.6 tons)

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

In 2022, shipments abroad of seed; vegetable seed, of a kind used for sowings was finally on the rise to reach 23 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a deep setback.

In value terms, exports of seed; vegetable seed, of a kind used for sowings expanded slightly to $2.3K in 2022. In general, exports, however, continue to indicate a noticeable decline.

Export of Seed; Vegetable Seed, of A Kind Used for Sowing in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands0.92.32.22.336.7%
Turkey1.6N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total2.52.32.22.3-2.7%

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

  1. Netherlands (23.0 kg)

Source: IndexBox Market Intelligence Platform

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