Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Norway - 2024

Contents:

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

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

In 2022, the average import price for seed; vegetable seed, of a kind used for sowings amounted to $84,665 per ton, with a decrease of -16% against the previous year. Overall, the import price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2018 an increase of 29%. The import price peaked at $176,006 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($148,077 per ton), while the price for Greece ($4,575 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (-1.8%), while the prices for the other major suppliers experienced a decline.

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

The average export price for seed; vegetable seed, of a kind used for sowings stood at $237,313 per ton in 2022, falling by -15.2% against the previous year. In general, the export price, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2016 when the average export price increased by 280% against the previous year. The export price peaked at $313,129 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($665,750 per ton), while the average price for exports to Germany amounted to $178,123 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+25.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

After three years of growth, overseas purchases of seed; vegetable seed, of a kind used for sowings decreased by -2.5% to 110 tons in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +18.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 62% against the previous year. As a result, imports attained the peak of 113 tons, and then shrank in the following year.

In value terms, imports of seed; vegetable seed, of a kind used for sowings dropped significantly to $9.4M in 2022. The total import value increased at an average annual rate of +2.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 23% against the previous year. As a result, imports reached the peak of $11M, and then dropped markedly in the following year.

Import of Seed; Vegetable Seed, of A Kind Used for Sowing in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands3.03.23.63.11.1%
Germany1.20.90.70.8-12.6%
France0.60.91.10.75.3%
Sweden0.20.40.70.751.8%
Italy0.30.50.50.626.0%
Denmark0.50.10.20.3-15.7%
GreeceN/AN/AN/AN/A0%
Others2.93.14.53.01.1%
Total8.79.311.49.42.6%

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

  1. Netherlands (26.0 tons)
  2. Italy (22.4 tons)
  3. Sweden (21.7 tons)
  4. Denmark (9.0 tons)
  5. Germany (5.5 tons)
  6. Greece (5.3 tons)
  7. France (4.9 tons)

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

Exports of seed; vegetable seed, of a kind used for sowings from Norway fell significantly to 351 kg in 2022, dropping by -43% against the year before. Over the period under review, exports continue to indicate a sharp decline. The pace of growth appeared the most rapid in 2021 with an increase of 18% against the previous year.

In value terms, exports of seed; vegetable seed, of a kind used for sowings declined remarkably to $83K in 2022. Overall, exports faced a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 10% against the previous year.

Export of Seed; Vegetable Seed, of A Kind Used for Sowing in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany62.8N/A24.754.9-4.4%
Sweden59.213195.926.6-23.4%
DenmarkN/AN/A8.1N/A0%
Portugal18.920.117.4N/A-4.1%
Netherlands2.77.33.1N/A7.2%
Others4.74.823.21.8-27.4%
Total14816317283.3-17.4%

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

  1. Germany (308.0 kg)
  2. Sweden (40.0 kg)

Source: IndexBox Market Intelligence Platform

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