Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Singapore - 2022
Contents:
- Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Singapore (FOB) - 2022
- Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Singapore (CIF) - 2022
- Exports of Seed; Vegetable Seed, of A Kind Used for Sowing in Singapore
- Imports of Seed; Vegetable Seed, of A Kind Used for Sowing in Singapore
Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Singapore (FOB) - 2022
In 2022, the average export price for seed; vegetable seed, of a kind used for sowings amounted to $69,355 per ton, shrinking by -19.4% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by 51%. As a result, the export price reached the peak level of $109,409 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Pakistan ($154,379 per ton), while the average price for exports to Brunei Darussalam ($4,699 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 Pakistan (+4.3%), while the prices for the other major destinations experienced a decline.
Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Singapore (CIF) - 2022
In 2022, the average import price for seed; vegetable seed, of a kind used for sowings amounted to $52,108 per ton, jumping by 38% against the previous year. Overall, the import price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 116% against the previous year. As a result, import price attained the peak level of $64,718 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($186,032 per ton), while the price for Hong Kong SAR ($4,340 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+41.9%), 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 Singapore
For the third consecutive year, Singapore recorded decline in overseas shipments of seed; vegetable seed, of a kind used for sowings, which decreased by -2.9% to 53 tons in 2022. Over the period under review, exports saw a dramatic shrinkage.
In value terms, exports of seed; vegetable seed, of a kind used for sowings declined dramatically to $3.7M in 2022. Overall, exports recorded a precipitous curtailment. The smallest decline of -16.3% was in 2020.
| Export of Seed; Vegetable Seed, of A Kind Used for Sowing in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 3.3 | 3.6 | 3.7 | 3.0 | -3.1% |
| Pakistan | 4.3 | 2.9 | 0.6 | 0.5 | -51.2% |
| Fiji | N/A | N/A | N/A | N/A | 0% |
| Malaysia | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Brunei Darussalam | N/A | N/A | N/A | N/A | 0% |
| Netherlands | 0.2 | N/A | N/A | N/A | 0% |
| Israel | N/A | N/A | N/A | N/A | 0% |
| Others | 0.2 | 0.2 | 0.3 | N/A | 22.5% |
| Total | 8.1 | 6.8 | 4.7 | 3.7 | -23.0% |
Top Export Markets for Seed; Vegetable Seed, of A Kind Used for Sowing from Singapore in 2022:
- Indonesia (44.0 tons)
- Pakistan (3.5 tons)
- Brunei Darussalam (3.2 tons)
- Malaysia (1.3 tons)
Imports of Seed; Vegetable Seed, of A Kind Used for Sowing in Singapore
In 2022, purchases abroad of seed; vegetable seed, of a kind used for sowings decreased by -43.4% to 61 tons, falling for the second year in a row after two years of growth. In general, imports saw a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 93%. As a result, imports attained the peak of 144 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 shrank rapidly to $3.2M in 2022. Over the period under review, imports faced a deep reduction. The pace of growth appeared the most rapid in 2020 when imports increased by 16% against the previous year. As a result, imports reached the peak of $5.6M. 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 Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 797 | 1,190 | 1,063 | 865 | 2.8% |
| Netherlands | 293 | 354 | 437 | 649 | 30.4% |
| India | 820 | 319 | 424 | 298 | -28.6% |
| China | 186 | 444 | 410 | 256 | 11.2% |
| Taiwan (Chinese) | 1,921 | 1,792 | 894 | 213 | -52.0% |
| United Kingdom | 3.2 | 5.3 | 16.1 | 211 | 304.0% |
| Italy | 17.8 | 58.1 | 67.6 | 91.7 | 72.7% |
| Malaysia | 65.3 | 216 | 180 | 78.6 | 6.4% |
| Estonia | 5.2 | 88.6 | 124 | 74.0 | 142.3% |
| Thailand | 71.2 | 746 | 61.5 | 49.4 | -11.5% |
| Hong Kong SAR | 86.4 | 90.5 | 117 | 42.4 | -21.1% |
| Indonesia | 21.9 | 83.8 | N/A | 0.1 | -83.4% |
| Others | 535 | 216 | 299 | 364 | -12.0% |
| Total | 4,823 | 5,603 | 4,094 | 3,193 | -12.8% |
Top Suppliers of Seed; Vegetable Seed, of A Kind Used for Sowing to Singapore in 2022:
- Hong Kong SAR (9.8 tons)
- Thailand (7.7 tons)
- Japan (7.4 tons)
- United Kingdom (6.5 tons)
- Italy (5.9 tons)
- China (5.0 tons)
- Netherlands (3.5 tons)
- Estonia (3.5 tons)
- Malaysia (3.4 tons)
- Taiwan (Chinese) (2.0 tons)
- India (2.0 tons)
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