Tree, flower and other seeds, fruits and spores for sowing Market

The article discusses the expected growth in the global market for tree, flower and other seeds, fruits and spores for sowing, projecting an increase in consumption and value over the next eight years. Market performance is forecasted to accelerate with a CAGR of +4.0% in volume and +7.2% in value from 2022 to 2030. Key findings include consumption trends, market value projections, top consuming and producing countries, import and export data, as well as price trends for tree, flower and other seeds, fruits and spores for sowing.

Market Forecast

Driven by increasing demand for tree, flower and other seeds, fruits and spores for sowing worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to accelerate, expanding with an anticipated CAGR of +4.0% for the period from 2022 to 2030, which is projected to bring the market volume to 220K tons by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +7.2% for the period from 2022 to 2030, which is projected to bring the market value to $2.3B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Tree, flower and other seeds, fruits and spores for sowing

In 2022, approx. 161K tons of tree, flower and other seeds, fruits and spores for sowing were consumed worldwide; standing approx. at the year before. The total consumption volume increased at an average annual rate of +3.0% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. Over the period under review, global consumption of reached the peak volume at 163K tons in 2021, and then declined in the following year.

The value of the market for tree, flower and other seeds, fruits and spores for sowing worldwide rose modestly to $1.3B in 2022, picking up by 2.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +3.8% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the global market reached the peak level at $1.4B in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were Egypt (29K tons), Portugal (22K tons) and South Africa (12K tons), with a combined 39% share of global consumption. Spain, Lebanon, Bangladesh, the United States, China, Myanmar, the Netherlands, Ghana, Austria and Argentina lagged somewhat behind, together accounting for a further 32%.

From 2012 to 2022, the most notable rate of growth in terms of sowing, amongst the main consuming countries, was attained by Spain (with a CAGR of +18.4%), while sowing for the other global leaders experienced more modest paces of growth.

In value terms, the largest tree, flower and other seeds, fruits and spores for sowing markets worldwide were South Africa ($125M), the United States ($86M) and the Netherlands ($47M), together accounting for 19% of the global market. Portugal, Ghana, Myanmar, Spain, China, Egypt, Austria, Lebanon, Argentina and Bangladesh lagged somewhat behind, together comprising a further 19%.

In terms of the main consuming countries, Spain, with a CAGR of +12.8%, saw the highest growth rate of market size over the period under review, while sowing for the other global leaders experienced more modest paces of growth.

In 2022, the highest levels of per capita consumption of tree, flower and other seeds, fruits and spores for sowing was registered in Portugal (2,170 kg per 1000 persons), followed by Lebanon (1,006 kg per 1000 persons), Austria (409 kg per 1000 persons) and the Netherlands (243 kg per 1000 persons), while the world average per capita consumption of tree, flower and other seeds, fruits and spores for sowing was estimated at 0.3 kg per 1000 persons.

In Portugal, per capita consumption of tree, flower and other seeds, fruits and spores for sowing remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Lebanon (-1.9% per year) and Austria (+1.0% per year).

Production

World Production of Tree, flower and other seeds, fruits and spores for sowing

In 2022, production of tree, flower and other seeds, fruits and spores for sowing increased by 4.3% to 112K tons, rising for the third year in a row after two years of decline. The total output volume increased at an average annual rate of +2.2% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 8.5% against the previous year. Over the period under review, global production of reached the peak volume in 2022 and is expected to retain growth in the immediate term.

In value terms, production of tree, flower and other seeds, fruits and spores for sowing dropped modestly to $871M in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 7.2%. Over the period under review, global production of attained the maximum level at $895M in 2019; however, from 2020 to 2022, production remained at a lower figure.

Production By Country

The countries with the highest volumes of production in 2022 were Portugal (23K tons), South Africa (13K tons) and Spain (11K tons), together accounting for 41% of global production.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +41.6%), while sowing for the other global leaders experienced more modest paces of growth.

Imports

World Imports of Tree, flower and other seeds, fruits and spores for sowing

In 2022, purchases abroad of tree, flower and other seeds, fruits and spores for sowing decreased by -7.7% to 95K tons for the first time since 2019, thus ending a two-year rising trend. The total import volume increased at an average annual rate of +2.8% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2013 when imports increased by 18% against the previous year. Over the period under review, global imports of reached the peak figure at 103K tons in 2021, and then contracted in the following year.

In value terms, imports of tree, flower and other seeds, fruits and spores for sowing reduced modestly to $482M in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by 4.5% against the previous year. Over the period under review, global imports of attained the maximum at $525M in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports By Country

Egypt was the key importer of tree, flower and other seeds, fruits and spores for sowing in the world, with the volume of imports recording 29K tons, which was approx. 30% of total imports in 2022. It was distantly followed by Spain (7K tons), Lebanon (6.8K tons), China (6.3K tons), Bangladesh (6K tons) and Germany (4.6K tons), together making up a 33% share of total imports. The Netherlands (2.6K tons), Taiwan (Chinese) (2.2K tons), Mexico (2K tons), Malaysia (1.7K tons) and Austria (1.6K tons) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to tree, flower and other seeds, fruits and spores for sowing imports into Egypt stood at +5.0%. At the same time, Mexico (+42.8%), Spain (+11.5%), Bangladesh (+10.4%), Malaysia (+9.6%), China (+8.9%), Germany (+6.4%) and Austria (+1.5%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest-growing importer imported in the world, with a CAGR of +42.8% from 2012-2022. Lebanon and Taiwan (Chinese) experienced a relatively flat trend pattern. By contrast, the Netherlands (-2.6%) illustrated a downward trend over the same period. Egypt (+5.6 p.p.), Spain (+4.1 p.p.), Bangladesh (+3.2 p.p.), China (+2.9 p.p.) and Mexico (+2 p.p.) significantly strengthened its position in terms of the global imports, while the Netherlands and Lebanon saw its share reduced by -2% and -2.2% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest tree, flower and other seeds, fruits and spores for sowing importing markets worldwide were China ($35M), Mexico ($25M) and Germany ($24M), with a combined 18% share of global imports.

China, with a CAGR of +7.4%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices By Country

The average import price for tree, flower and other seeds, fruits and spores for sowing stood at $5,094 per ton in 2022, increasing by 5.1% against the previous year. Overall, the import price, however, showed a pronounced setback. The pace of growth was the most pronounced in 2019 when the average import price increased by 8.3%. Global import price peaked at $7,188 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Mexico ($12,495 per ton), while Egypt ($805 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+1.2%), while the other global leaders experienced mixed trends in the import price figures.

Exports

World Exports of Tree, flower and other seeds, fruits and spores for sowing

In 2022, after two years of growth, there was decline in overseas shipments of tree, flower and other seeds, fruits and spores for sowing, when their volume decreased by -2.7% to 45K tons. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 42% against the previous year. The global exports peaked at 47K tons in 2021, and then declined in the following year.

In value terms, exports of tree, flower and other seeds, fruits and spores for sowing reduced to $366M in 2022. Over the period under review, exports continue to indicate a noticeable setback. The pace of growth appeared the most rapid in 2016 when exports increased by 6.8%. The global exports peaked at $465M in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports By Country

In 2022, Spain (10K tons), distantly followed by India (6K tons), Germany (3.5K tons), the Netherlands (3.1K tons) and Italy (2.7K tons) were the largest exporters of tree, flower and other seeds, fruits and spores for sowing, together comprising 55% of total exports. The following exporters - South Africa (1.7K tons), Austria (1.6K tons), New Zealand (1.1K tons), Thailand (1.1K tons), the United States (1.1K tons), Belgium (1K tons), France (1K tons) and Myanmar (0.9K tons) - together made up 21% of total exports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +27.9%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest tree, flower and other seeds, fruits and spores for sowing supplying countries worldwide were the Netherlands ($46M), the United States ($27M) and South Africa ($23M), with a combined 27% share of global exports. Germany, Spain, India, Thailand, France, Italy, Austria, New Zealand, Belgium and Myanmar lagged somewhat behind, together accounting for a further 29%.

In terms of the main exporting countries, Germany, with a CAGR of +11.2%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices By Country

In 2022, the average export price for tree, flower and other seeds, fruits and spores for sowing amounted to $8,052 per ton, shrinking by -4% against the previous year. Over the period under review, the export price continues to indicate a perceptible decrease. The pace of growth was the most pronounced in 2019 an increase of 22% against the previous year. As a result, the export price reached the peak level of $12,932 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($25,301 per ton), while Spain ($1,691 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+14.2%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform