Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Peru - 2022

Contents:

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

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

In 2022, the average export price for seed; vegetable seed, of a kind used for sowings amounted to $52,006 per ton, declining by -5.4% against the previous year. Over the period under review, the export price recorded a pronounced contraction. The pace of growth appeared the most rapid in 2013 an increase of 67%. The export price peaked at $120,628 per ton in 2014; however, from 2015 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 the United States ($92,488 per ton), while the average price for exports to Japan ($15,196 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 (+2.5%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for seed; vegetable seed, of a kind used for sowings stood at $87,184 per ton in 2022, jumping by 22% against the previous year. In general, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +10.0% 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 seed; vegetable seed, of a kind used for sowings increased by +19.4% against 2019 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by 52% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.

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 South Africa ($409,880 per ton), while the price for Denmark ($19,920 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+16.1%), 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 Peru

In 2022, exports of seed; vegetable seed, of a kind used for sowings from Peru skyrocketed to 1.1K tons, growing by 49% against the year before. In general, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +9.5% 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.

In value terms, exports of seed; vegetable seed, of a kind used for sowings skyrocketed to $57M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +10.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.1% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Seed; Vegetable Seed, of A Kind Used for Sowing in Peru (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands33.324.426.640.06.3%
United States4.05.27.08.830.1%
Spain1.01.63.65.071.0%
JapanN/A0.10.10.6144.9%
France1.20.70.40.5-25.3%
Others2.61.62.61.8-11.5%
Total42.133.540.256.610.4%

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

  1. Netherlands (680.8 tons)
  2. Spain (237.0 tons)
  3. United States (95.3 tons)
  4. Japan (37.0 tons)
  5. France (17.3 tons)

Imports of Seed; Vegetable Seed, of A Kind Used for Sowing in Peru

In 2022, overseas purchases of seed; vegetable seed, of a kind used for sowings decreased by -50.3% to 205 tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a deep slump. The pace of growth appeared the most rapid in 2020 when imports increased by 50%. As a result, imports attained the peak of 423 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 contracted dramatically to $18M in 2022. Overall, imports saw a perceptible downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 40%.

Import of Seed; Vegetable Seed, of A Kind Used for Sowing in Peru (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.67.38.24.2-9.1%
Chile5.42.35.83.6-12.6%
South AfricaN/AN/AN/A1.90%
ThailandN/AN/AN/A1.60%
ArgentinaN/AN/AN/A1.10%
AustraliaN/AN/AN/A0.70%
France0.40.90.50.614.5%
DenmarkN/AN/AN/A0.40%
Israel1.62.92.20.3-42.8%
Italy0.10.20.50.226.0%
Netherlands2.34.63.20.2-55.7%
Japan0.30.30.20.1-30.7%
Others4.810.38.93.2-12.6%
Total20.628.829.617.9-4.6%

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

  1. Thailand (57.5 tons)
  2. United States (43.3 tons)
  3. France (26.4 tons)
  4. Denmark (20.8 tons)
  5. Chile (14.7 tons)
  6. Italy (8.5 tons)
  7. Australia (8.3 tons)
  8. South Africa (4.6 tons)
  9. Israel (4.2 tons)
  10. Argentina (3.5 tons)
  11. Netherlands (3.3 tons)
  12. Japan (2.0 tons)

Source: IndexBox Market Intelligence Platform

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