Price for Seed; Vegetable Seed, of A Kind Used for Sowing in New Zealand - 2023
Contents:
- Price for Seed; Vegetable Seed, of A Kind Used for Sowing in New Zealand (FOB) - 2022
- Price for Seed; Vegetable Seed, of A Kind Used for Sowing in New Zealand (CIF) - 2022
- Exports of Seed; Vegetable Seed, of A Kind Used for Sowing in New Zealand
- Imports of Seed; Vegetable Seed, of A Kind Used for Sowing in New Zealand
Price for Seed; Vegetable Seed, of A Kind Used for Sowing in New Zealand (FOB) - 2022
In 2022, the average export price for seed; vegetable seed, of a kind used for sowings amounted to $5,654 per ton, increasing by 5.3% against the previous year. Overall, the export price, however, showed a mild setback. The pace of growth appeared the most rapid in 2018 when the average export price increased by 23% against the previous year. Over the period under review, the average export prices reached the maximum at $7,670 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
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 France ($10,869 per ton), while the average price for exports to Belgium ($971 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 Australia (+10.0%), 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 New Zealand (CIF) - 2022
In 2022, the average import price for seed; vegetable seed, of a kind used for sowings amounted to $54,702 per ton, waning by -18.5% against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. The growth pace was the most rapid in 2021 when the average import price increased by 33%. As a result, import price reached the peak level of $67,095 per ton, and then dropped notably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($214,398 per ton), while the price for Denmark ($14,955 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+11.1%), 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 New Zealand
After three years of growth, shipments abroad of seed; vegetable seed, of a kind used for sowings decreased by -19.7% to 9.7K tons in 2022. The total export volume increased at an average annual rate of +1.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 23%. As a result, the exports reached the peak of 12K tons, and then contracted rapidly in the following year.
In value terms, exports of seed; vegetable seed, of a kind used for sowings reduced sharply to $55M in 2022. In general, exports saw a abrupt decline. The smallest decline of -0.1% was in 2020.
| Export of Seed; Vegetable Seed, of A Kind Used for Sowing in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 31.7 | 30.1 | 26.8 | 23.3 | -9.8% |
| United States | 9.5 | 4.6 | 4.5 | 5.1 | -18.7% |
| South Korea | 5.3 | 6.6 | 5.1 | 4.5 | -5.3% |
| Germany | 3.0 | 3.4 | 6.1 | 3.8 | 8.2% |
| France | 3.0 | 5.6 | 4.0 | 2.5 | -5.9% |
| Australia | 1.9 | 2.1 | 2.1 | 2.1 | 3.4% |
| India | 0.7 | 0.9 | 2.1 | 2.1 | 44.2% |
| Vietnam | 1.6 | 2.3 | 1.9 | 2.1 | 9.5% |
| Japan | 3.8 | 5.2 | 3.3 | 1.9 | -20.6% |
| Thailand | 1.5 | 1.3 | 1.9 | 1.4 | -2.3% |
| Algeria | 0.1 | 0.4 | 1.0 | 0.9 | 108.0% |
| Philippines | 2.4 | 0.4 | 0.5 | 0.8 | -30.7% |
| Belgium | 0.1 | 0.2 | 0.2 | 0.3 | 44.2% |
| Others | 3.8 | 5.5 | 5.4 | 4.1 | 2.6% |
| Total | 68.6 | 68.5 | 64.9 | 54.9 | -7.2% |
Top Export Markets for Seed; Vegetable Seed, of A Kind Used for Sowing from New Zealand in 2022:
- Netherlands (2669.2 tons)
- Germany (1361.9 tons)
- United States (946.0 tons)
- Vietnam (827.0 tons)
- South Korea (502.5 tons)
- Algeria (500.0 tons)
- Thailand (440.6 tons)
- Belgium (292.5 tons)
- Philippines (289.2 tons)
- Japan (259.7 tons)
- Australia (252.2 tons)
- France (231.5 tons)
- India (199.2 tons)
Imports of Seed; Vegetable Seed, of A Kind Used for Sowing in New Zealand
In 2022, approx. 341 tons of seed; vegetable seed, of a kind used for sowings were imported into New Zealand; picking up by 19% compared with the year before. The total import volume increased at an average annual rate of +6.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 39% against the previous year. As a result, imports attained the peak of 391 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 dropped to $19M in 2022. The total import value increased at an average annual rate of +3.8% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2020 when imports increased by 18%. As a result, imports attained the peak of $20M. 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 New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 4.3 | 4.3 | 4.6 | 3.6 | -5.8% |
| France | 2.3 | 2.0 | 3.0 | 2.5 | 2.8% |
| United States | 1.9 | 2.3 | 1.7 | 1.9 | 0.0% |
| Thailand | 1.0 | 0.8 | 1.2 | 1.4 | 11.9% |
| Denmark | 0.5 | 0.3 | 1.0 | 1.3 | 37.5% |
| Australia | 0.9 | 1.0 | 1.0 | 1.2 | 10.1% |
| China | 1.1 | 1.7 | 1.4 | 1.2 | 2.9% |
| Chile | 1.4 | 0.9 | 1.5 | 1.0 | -10.6% |
| Italy | 0.3 | 0.5 | 0.5 | 0.8 | 38.7% |
| Japan | 1.2 | 0.8 | 0.5 | 0.6 | -20.6% |
| Poland | 0.2 | 1.8 | 0.1 | N/A | -29.3% |
| Others | 1.6 | 3.2 | 2.9 | 3.3 | 27.3% |
| Total | 16.7 | 19.7 | 19.3 | 18.7 | 3.8% |
Top Suppliers of Seed; Vegetable Seed, of A Kind Used for Sowing to New Zealand in 2022:
- Denmark (89.3 tons)
- United States (89.2 tons)
- Netherlands (37.2 tons)
- Italy (28.1 tons)
- France (19.4 tons)
- Australia (16.5 tons)
- Thailand (10.9 tons)
- China (10.2 tons)
- Chile (4.9 tons)
- Japan (2.8 tons)
- Poland (0.6 tons)
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