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

Contents:

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

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

The average import price for seed; vegetable seed, of a kind used for sowings stood at $123,673 per ton in 2022, growing by 24% against the previous year. Over the last decade, it increased at an average annual rate of +3.6%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 26% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($181,644 per ton), while the price for Italy ($16,297 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for seed; vegetable seed, of a kind used for sowings amounted to $120,312 per ton, surging by 17% against the previous year. Overall, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for seed; vegetable seed, of a kind used for sowings decreased by -4.1% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 38% against the previous year. The export price peaked at $137,529 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($579,578 per ton), while the average price for exports to the Dominican Republic ($19,733 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 the United States (+13.2%), 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 Brazil

In 2022, approx. 685 tons of seed; vegetable seed, of a kind used for sowings were imported into Brazil; declining by -11.1% against the year before. In general, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 5.2%.

In value terms, imports of seed; vegetable seed, of a kind used for sowings rose notably to $85M in 2022. The total import value increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Seed; Vegetable Seed, of A Kind Used for Sowing in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile10.111.49.68.9-4.1%
China7.15.97.58.24.9%
South Africa6.56.98.48.07.2%
Argentina10.57.58.97.5-10.6%
United States9.58.05.96.5-11.9%
Australia2.02.92.83.823.9%
New Zealand1.40.91.22.216.3%
Japan4.93.62.92.1-24.6%
France3.11.81.31.9-15.1%
Italy1.31.01.41.811.5%
Netherlands1.21.00.81.814.5%
Denmark0.10.10.20.226.0%
Others23.323.525.831.710.8%
Total81.174.576.684.71.5%

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

  1. United States (136.0 tons)
  2. Italy (110.9 tons)
  3. France (104.2 tons)
  4. South Africa (78.3 tons)
  5. Chile (49.5 tons)
  6. Argentina (41.3 tons)
  7. New Zealand (32.2 tons)
  8. Australia (30.7 tons)
  9. China (21.9 tons)
  10. Netherlands (21.1 tons)
  11. Denmark (19.1 tons)
  12. Japan (13.8 tons)

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

In 2022, the amount of seed; vegetable seed, of a kind used for sowings exported from Brazil reduced to 174 tons, remaining stable against the previous year's figure. The total export volume increased at an average annual rate of +8.1% 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 exports increased by 27% against the previous year. As a result, the exports reached the peak of 175 tons, leveling off in the following year.

In value terms, exports of seed; vegetable seed, of a kind used for sowings soared to $21M in 2022. The total export value increased at an average annual rate of +13.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 20%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Seed; Vegetable Seed, of A Kind Used for Sowing in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France3.52.73.54.37.1%
Ecuador1.72.71.62.412.2%
United States0.51.61.32.366.3%
Colombia1.71.51.52.310.6%
Argentina0.81.41.81.933.4%
Peru0.51.21.21.544.2%
Paraguay1.01.62.21.411.9%
Chile0.71.31.51.116.3%
South Africa0.90.80.20.7-8.0%
Uruguay0.50.50.50.66.3%
Angola0.30.20.40.518.6%
Bolivia0.30.50.60.30.0%
Dominican Republic0.20.20.20.1-20.6%
Others1.61.21.41.5-2.1%
Total14.317.217.920.913.5%

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

  1. Colombia (41.6 tons)
  2. France (26.8 tons)
  3. United States (25.0 tons)
  4. Paraguay (17.6 tons)
  5. Angola (11.0 tons)
  6. Argentina (10.5 tons)
  7. South Africa (6.2 tons)
  8. Dominican Republic (5.0 tons)
  9. Ecuador (4.2 tons)
  10. Uruguay (4.0 tons)
  11. Peru (3.8 tons)
  12. Chile (3.2 tons)
  13. Bolivia (2.9 tons)

Source: IndexBox Market Intelligence Platform

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