Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Colombia - 2022

Contents:

1. Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Colombia (CIF) - 2022
2. Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Colombia (FOB) - 2022
3. Imports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Colombia
4. Exports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Colombia

Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Colombia (CIF) - 2022

In 2022, the average import price for seeds, fruit and spores; of a kind used for sowing amounted to $15,433 per ton, jumping by 32% against the previous year. Over the period under review, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +4.5% 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 seeds, fruit and spores; of a kind used for sowing increased by +94.7% against 2015 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($10,801 per ton), while the price for the Netherlands ($4,750 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Colombia (FOB) - 2022

The average export price for seeds, fruit and spores; of a kind used for sowing stood at $17,509 per ton in 2022, with a decrease of -56.2% against the previous year. Overall, the export price continues to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2013 an increase of 153%. The export price peaked at $77,434 per ton in 2015; however, from 2016 to 2022, the 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 Guatemala ($87,600 per ton), while the average price for exports to Mexico ($9,738 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 Guatemala (+16.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Colombia

In 2022, supplies from abroad of seeds, fruit and spores; of a kind used for sowing decreased by -15.1% to 3.9K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a perceptible downturn. The growth pace was the most rapid in 2020 when imports increased by 8.9% against the previous year. As a result, imports reached the peak of 4.8K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of seeds, fruit and spores; of a kind used for sowing rose rapidly to $60M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.3% 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 +49.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Top Suppliers of Seeds, Fruit and Spores; of A Kind Used for Sowing to Colombia in 2022:

1. Brazil (1963.1 tons)
2. United States (1271.1 tons)
3. Netherlands (265.0 tons)
4. Italy (75.8 tons)

Exports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Colombia

After three years of growth, overseas shipments of seeds, fruit and spores; of a kind used for sowing decreased by -66% to 11 tons in 2022. Overall, exports, however, recorded buoyant growth. The pace of growth was the most pronounced in 2020 when exports increased by 110%.

In value terms, exports of seeds, fruit and spores; of a kind used for sowing reduced rapidly to $196K in 2022. Over the period under review, exports faced a precipitous decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 329%. As a result, the exports attained the peak of $1.3M, and then fell significantly in the following year.

Top Export Markets for Seeds, Fruit and Spores; of A Kind Used for Sowing from Colombia in 2022:

1. Mexico (9.3 tons)
2. Costa Rica (0.7 tons)
3. Bolivia (0.5 tons)
4. El Salvador (0.4 tons)

Source: IndexBox Market Intelligence Platform