Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in South Africa - 2024

Contents:

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

Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in South Africa (FOB) - 2022

The average export price for seeds, fruit and spores; of a kind used for sowing stood at $8,715 per ton in 2022, rising by 23% against the previous year. Over the period under review, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.9% 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 seeds, fruit and spores; of a kind used for sowing increased by +56.5% against 2019 indices. The growth pace was the most rapid in 2017 when the average export price increased by 33%. As a result, the export price reached the peak level of $10,732 per ton. From 2018 to 2022, the average 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 Japan ($76,136 per ton), while the average price for exports to Algeria ($678 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 Japan (+22.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for seeds, fruit and spores; of a kind used for sowing amounted to $7,924 per ton, remaining stable against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 14% against the previous year. As a result, import price attained the peak level of $8,940 per ton. From 2015 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 ($41,328 per ton), while the price for Botswana ($666 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+28.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, overseas shipments of seeds, fruit and spores; of a kind used for sowing decreased by -16.7% to 8.8K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a deep slump. The most prominent rate of growth was recorded in 2020 when exports increased by 8%. As a result, the exports reached the peak of 13K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of seeds, fruit and spores; of a kind used for sowing expanded to $76M in 2022. The total export value increased at an average annual rate of +4.1% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2020 with an increase of 13% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

Export of Seeds, Fruit and Spores; of A Kind Used for Sowing in South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan8.28.512.016.025.0%
Netherlands16.014.714.19.9-14.8%
Zambia1.72.43.13.729.6%
Namibia2.93.43.62.90.0%
South Korea0.82.02.72.240.1%
Botswana2.02.01.71.7-5.3%
Mozambique0.71.01.21.631.7%
Angola1.00.90.91.514.5%
China4.74.01.61.5-31.7%
Germany0.60.90.81.018.6%
Pakistan0.70.71.90.5-10.6%
Morocco0.10.20.30.458.7%
AlgeriaN/A0.3N/A0.2-18.4%
Others28.435.431.133.35.4%
Total67.776.374.976.54.2%

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

  1. China (1374.9 tons)
  2. Pakistan (728.4 tons)
  3. Germany (726.6 tons)
  4. Netherlands (682.5 tons)
  5. Botswana (490.7 tons)
  6. Namibia (408.2 tons)
  7. Angola (366.3 tons)
  8. Mozambique (314.7 tons)
  9. Morocco (289.5 tons)
  10. South Korea (272.9 tons)
  11. Algeria (227.2 tons)
  12. Zambia (224.5 tons)
  13. Japan (210.0 tons)

Imports of Seeds, Fruit and Spores; of A Kind Used for Sowing in South Africa

In 2022, purchases abroad of seeds, fruit and spores; of a kind used for sowing decreased by -3.4% to 7.3K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +4.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 39%. As a result, imports attained the peak of 8.9K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of seeds, fruit and spores; of a kind used for sowing dropped to $58M in 2022. The total import value increased at an average annual rate of +6.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 33%. As a result, imports attained the peak of $63M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Seeds, Fruit and Spores; of A Kind Used for Sowing in South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia4.47.910.08.223.1%
United States6.810.99.17.53.3%
New Zealand5.45.96.85.1-1.9%
India1.52.72.73.836.3%
China2.83.73.33.57.7%
Italy0.91.11.72.234.7%
Tanzania0.30.92.02.088.2%
Argentina2.22.81.72.0-3.1%
Denmark1.10.90.81.35.7%
Uruguay0.40.91.20.931.0%
Zimbabwe0.30.50.20.732.6%
Botswana0.10.10.30.571.0%
Germany0.50.40.70.4-7.2%
Others20.824.319.119.9-1.5%
Total47.463.059.557.96.9%

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

  1. New Zealand (1773.3 tons)
  2. Australia (1327.1 tons)
  3. United States (1216.1 tons)
  4. Botswana (687.8 tons)
  5. Denmark (430.8 tons)
  6. Italy (297.5 tons)
  7. Uruguay (272.4 tons)
  8. India (221.3 tons)
  9. Tanzania (171.6 tons)
  10. China (144.9 tons)
  11. Germany (143.0 tons)
  12. Zimbabwe (114.2 tons)
  13. Argentina (54.9 tons)

Source: IndexBox Market Intelligence Platform

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