Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Canada - 2023
Contents:
- Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Canada (CIF) - 2022
- Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Canada (FOB) - 2022
- Imports of Seed; Vegetable Seed, of A Kind Used for Sowing in Canada
- Exports of Seed; Vegetable Seed, of A Kind Used for Sowing in Canada
Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Canada (CIF) - 2022
The average import price for seed; vegetable seed, of a kind used for sowings stood at $20,935 per ton in 2022, increasing by 5.3% against the previous year. In general, the import price, however, saw a slight downturn. The growth pace was the most rapid in 2018 an increase of 8%. As a result, import price reached the peak level of $32,508 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
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 the Netherlands ($100,680 per ton), while the price for Ethiopia ($3,382 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 (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Canada (FOB) - 2022
In 2022, the average export price for seed; vegetable seed, of a kind used for sowings amounted to $30,041 per ton, picking up by 19% against the previous year. Over the period under review, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.3% 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 increased by +90.7% against 2017 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by 38%. As a result, the export price reached the peak level of $36,488 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +1.3% per year.
Imports of Seed; Vegetable Seed, of A Kind Used for Sowing in Canada
In 2022, after three years of growth, there was decline in supplies from abroad of seed; vegetable seed, of a kind used for sowings, when their volume decreased by -1.4% to 8.5K tons. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.2% 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 +73.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34%. As a result, imports reached the peak of 8.6K tons, and then shrank modestly in the following year.
In value terms, imports of seed; vegetable seed, of a kind used for sowings rose to $178M in 2022. The total import value increased at an average annual rate of +12.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Seed; Vegetable Seed, of A Kind Used for Sowing in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 28.4 | 20.5 | 38.1 | 38.8 | 11.0% |
| United States | 23.8 | 28.1 | 32.6 | 30.5 | 8.6% |
| China | 11.7 | 15.2 | 20.0 | 23.4 | 26.0% |
| France | 7.5 | 10.6 | 14.6 | 16.6 | 30.3% |
| Chile | 10.6 | 15.1 | 12.1 | 10.5 | -0.3% |
| Italy | 2.3 | 2.7 | 3.3 | 4.2 | 22.2% |
| India | 2.6 | 2.1 | 4.0 | 3.7 | 12.5% |
| Latvia | 0.8 | 2.0 | 1.5 | 2.4 | 44.2% |
| Ethiopia | N/A | N/A | N/A | 0.5 | 0% |
| Others | 36.4 | 46.9 | 45.1 | 47.8 | 9.5% |
| Total | 124 | 143 | 171 | 178 | 12.8% |
Top Suppliers of Seed; Vegetable Seed, of A Kind Used for Sowing to Canada in 2022:
- China (4784.4 tons)
- United States (1566.9 tons)
- Netherlands (385.2 tons)
- Chile (339.6 tons)
- Italy (213.7 tons)
- India (213.7 tons)
- France (182.9 tons)
- Latvia (148.4 tons)
- Ethiopia (146.2 tons)
Exports of Seed; Vegetable Seed, of A Kind Used for Sowing in Canada
In 2022, the amount of seed; vegetable seed, of a kind used for sowings exported from Canada contracted dramatically to 81 tons, which is down by -41.6% compared with the previous year. In general, exports faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year.
In value terms, exports of seed; vegetable seed, of a kind used for sowings shrank sharply to $2.4M in 2022. Over the period under review, exports continue to indicate a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 38% against the previous year.
| Export of Seed; Vegetable Seed, of A Kind Used for Sowing in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.7 | 2.0 | 2.6 | 2.1 | -17.2% |
| Netherlands | 0.2 | N/A | 0.7 | N/A | 87.1% |
| Jamaica | 0.2 | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.5 | 0.2 | 0.3 | 44.2% |
| Total | 4.2 | 2.5 | 3.5 | 2.4 | -17.0% |
Top Export Markets for Seed; Vegetable Seed, of A Kind Used for Sowing from Canada in 2022:
- United States (78.2 tons)
- Netherlands (0.2 tons)
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