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

Contents:

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

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

In 2022, the average import price for seed; vegetable seed, of a kind used for sowings amounted to $248,998 per ton, growing by 8.9% against the previous year. Overall, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.0% 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 seed; vegetable seed, of a kind used for sowings increased by +5.2% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 14%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($1,922,274 per ton), while the price for Denmark ($28,309 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+7.1%), 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 Mexico (FOB) - 2022

The average export price for seed; vegetable seed, of a kind used for sowings stood at $25,700 per ton in 2022, shrinking by -3.5% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average export price increased by 45% against the previous year. Over the period under review, the average export prices reached the maximum at $31,507 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -0.1% per year.

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

Imports of seed; vegetable seed, of a kind used for sowings into Mexico rose sharply to 1.3K tons in 2022, growing by 5.1% compared with 2021 figures. Over the period under review, imports, however, showed a pronounced reduction. The growth pace was the most rapid in 2020 when imports increased by 8.6% against the previous year. As a result, imports attained the peak of 1.7K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of seed; vegetable seed, of a kind used for sowings rose remarkably to $331M in 2022. In general, imports, however, continue to indicate a pronounced slump.

Import of Seed; Vegetable Seed, of A Kind Used for Sowing in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States71.680.568.482.74.9%
Peru36.138.339.354.814.9%
China38.335.932.334.7-3.2%
Chile32.335.422.922.9-10.8%
ArgentinaN/AN/A19.516.5-15.4%
France16.617.710.48.6-19.7%
Vietnam8.5N/A9.47.7-3.2%
DenmarkN/A2.75.22.2-9.7%
Others16114781.9101-14.4%
Total365358289331-3.2%

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

  1. United States (788.7 tons)
  2. China (216.7 tons)
  3. Denmark (76.8 tons)
  4. Argentina (57.4 tons)
  5. Vietnam (56.5 tons)
  6. Chile (36.0 tons)
  7. Peru (28.5 tons)
  8. France (26.9 tons)

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

In 2022, approx. 405 tons of seed; vegetable seed, of a kind used for sowings were exported from Mexico; with a decrease of -21% on the previous year's figure. Overall, exports continue to indicate a abrupt shrinkage. The smallest decline of -0.1% was in 2021.

In value terms, exports of seed; vegetable seed, of a kind used for sowings fell remarkably to $10M in 2022. In general, exports showed a abrupt descent. The pace of growth appeared the most rapid in 2021 when exports increased by 28% against the previous year.

Export of Seed; Vegetable Seed, of A Kind Used for Sowing in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States11.010.210.28.0-10.1%
Others5.50.53.52.4-24.2%
Total16.410.713.610.4-14.1%

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

  1. United States (402.2 tons)

Source: IndexBox Market Intelligence Platform

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