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

Contents:

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

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

In 2022, the average import price for seeds, fruit and spores; of a kind used for sowing amounted to $46,445 per ton, falling by -12.4% against the previous year. Overall, the import price, however, saw a strong increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 121% against the previous year. Over the period under review, average import prices reached the peak figure at $53,036 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 the Netherlands ($182,365 per ton), while the price for the United Arab Emirates ($1,388 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+692.8%), 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 Ghana (FOB) - 2022

The average export price for seeds, fruit and spores; of a kind used for sowing stood at $2,487 per ton in 2022, rising by 40% against the previous year. In general, the export price recorded a prominent expansion. The pace of growth appeared the most rapid in 2017 an increase of 44% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($9,292 per ton), while the average price for exports to Sierra Leone ($358 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 Italy (+23.9%), 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 Ghana

After two years of decline, overseas purchases of seeds, fruit and spores; of a kind used for sowing increased by 4% to 94 tons in 2022. Overall, imports, however, saw a deep slump.

In value terms, imports of seeds, fruit and spores; of a kind used for sowing contracted to $4.4M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +15.4% 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 +53.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 38% against the previous year.

Import of Seeds, Fruit and Spores; of A Kind Used for Sowing in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1,0011,4051,9762,06827.4%
Netherlands5561,4531,7371,12426.4%
India1.435.4120253465.4%
United States371283282231-14.6%
Italy81.110615115524.1%
Philippines42.770.16.543.80.9%
Japan2.962.548.041.2142.2%
China18.169.912.632.121.0%
Cameroon2.555.433.028.8125.8%
Cote d'Ivoire15.77.08.37.1-23.2%
Singapore5.55.47.26.97.9%
Lebanon2.62.94.46.132.9%
United Arab Emirates2.739.425.02.81.2%
Others734335376359-21.2%
Total2,8383,9304,7864,35815.4%

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

  1. France (27.4 tons)
  2. India (18.3 tons)
  3. Cameroon (9.9 tons)
  4. United States (9.4 tons)
  5. Netherlands (6.2 tons)
  6. Italy (2.2 tons)
  7. Singapore (2.1 tons)
  8. Philippines (2.1 tons)
  9. Japan (2.1 tons)
  10. United Arab Emirates (2.0 tons)
  11. Lebanon (1.9 tons)
  12. Cote d'Ivoire (1.8 tons)
  13. China (1.3 tons)

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

In 2022, shipments abroad of seeds, fruit and spores; of a kind used for sowing was finally on the rise to reach 40 tons after two years of decline. In general, exports, however, continue to indicate a sharp shrinkage.

In value terms, exports of seeds, fruit and spores; of a kind used for sowing skyrocketed to $99K in 2022. Overall, exports, however, continue to indicate a precipitous curtailment.

Export of Seeds, Fruit and Spores; of A Kind Used for Sowing in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China94661.438.655.6-61.1%
India23714.89.012.4-62.6%
Spain53115.48.611.0-72.5%
South Korea66.64.22.63.6-62.2%
Philippines35.72.31.42.0-61.7%
United States1.30.60.71.811.5%
Sierra Leone13.50.90.61.0-58.0%
Italy58312.42.60.4-91.2%
Switzerland3792.10.10.1-93.6%
Russia83.1N/AN/AN/A0%
Others48116.24.511.5-71.2%
Total3,35813068.699.4-69.1%

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

  1. China (12.2 tons)
  2. India (8.4 tons)
  3. Spain (7.2 tons)
  4. South Korea (2.7 tons)
  5. Sierra Leone (2.7 tons)
  6. United States (2.0 tons)
  7. Philippines (1.9 tons)

Source: IndexBox Market Intelligence Platform

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