Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Egypt - 2023

Contents:

  1. Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Egypt (CIF) - 2022
  2. Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Egypt (FOB) - 2023
  3. Imports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Egypt
  4. Exports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Egypt

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

The average import price for seeds, fruit and spores; of a kind used for sowing stood at $35,800 per ton in 2022, declining by -12.6% against the previous year. In general, the import price, however, showed a significant increase. The pace of growth was the most pronounced in 2020 when the average import price increased by 363%. Over the period under review, average import prices hit record highs at $40,983 per ton in 2021, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($223,867 per ton), while the price for Morocco ($490 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+51.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Egypt (FOB) - 2023

The average export price for seeds, fruit and spores; of a kind used for sowing stood at $6,939 per ton in July 2023, falling by -4.5% against the previous month. Overall, the export price recorded a abrupt downturn. The pace of growth appeared the most rapid in March 2023 when the average export price increased by 217% against the previous month. As a result, the export price attained the peak level of $33,187 per ton. From April 2023 to July 2023, the the average export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In July 2023, the country with the highest price was India ($5,142 per ton), while the average price for exports to Pakistan ($4,919 per ton) was amongst the lowest.

From November 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, purchases abroad of seeds, fruit and spores; of a kind used for sowing increased by 4.3% to 2.5K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a dramatic shrinkage.

In value terms, imports of seeds, fruit and spores; of a kind used for sowing reduced to $90M in 2022. Overall, imports, however, recorded a pronounced slump. The pace of growth appeared the most rapid in 2021 with an increase of 5.3%.

Import of Seeds, Fruit and Spores; of A Kind Used for Sowing in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia9.96.615.520.327.0%
Germany16.720.318.518.22.9%
France9.56.77.68.8-2.5%
Belgium5.75.64.65.80.6%
United States11.58.85.65.7-20.9%
Italy1.61.71.14.642.2%
Thailand7.35.94.74.0-18.2%
Chile11.610.46.63.8-31.1%
China8.34.84.03.1-28.0%
Denmark1.11.95.12.938.1%
Peru2.12.92.11.8-5.0%
Turkey0.20.70.90.751.8%
Morocco0.1N/AN/A0.10.0%
Others18.417.922.910.6-16.8%
Total10494.399.390.4-4.6%

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

  1. Australia (517.7 tons)
  2. Germany (440.7 tons)
  3. United States (349.1 tons)
  4. Italy (217.8 tons)
  5. France (204.3 tons)
  6. Belgium (146.9 tons)
  7. Morocco (119.3 tons)
  8. Turkey (86.7 tons)
  9. Denmark (72.7 tons)
  10. Thailand (71.8 tons)
  11. Peru (46.1 tons)
  12. Chile (43.7 tons)
  13. China (13.6 tons)

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

In 2022, shipments abroad of seeds, fruit and spores; of a kind used for sowing was finally on the rise to reach 10K tons after two years of decline. Overall, exports, however, recorded a drastic downturn.

In value terms, exports of seeds, fruit and spores; of a kind used for sowing surged to $45M in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Seeds, Fruit and Spores; of A Kind Used for Sowing in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Pakistan11.414.713.818.016.4%
India6.99.34.410.213.9%
Saudi Arabia4.78.12.86.19.1%
Lebanon2.42.31.53.210.1%
Turkey0.40.80.41.555.4%
Jordan1.30.50.60.6-22.7%
Palestine0.10.10.10.10.0%
Others3.95.46.35.512.1%
Total31.241.229.745.313.2%

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

  1. Pakistan (4.1K tons)
  2. India (2.2K tons)
  3. Lebanon (1.2K tons)
  4. Turkey (1.0K tons)
  5. Palestine (0.2K tons)
  6. Saudi Arabia (0.1K tons)

Source: IndexBox Market Intelligence Platform

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