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

Contents:

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

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

The average import price for seed; vegetable seed, of a kind used for sowings stood at $79,426 per ton in 2022, approximately reflecting the previous year. Overall, the import price, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2015 an increase of 132% against the previous year. Over the period under review, average import prices attained the maximum at $79,632 per ton in 2021, and then reduced modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($269,777 per ton), while the price for Brazil ($6,212 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+312.0%), 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 Ghana (FOB) - 2022

In 2022, the average export price for seed; vegetable seed, of a kind used for sowings amounted to $27,218 per ton, dropping by -16.6% against the previous year. Over the period under review, the export price continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2020 when the average export price increased by 126%. The export price peaked at $43,992 per ton in 2012; however, from 2013 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 Nigeria ($42,626 per ton), while the average price for exports to China ($1,695 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 (+3.2%), while the prices for the other major destinations experienced a decline.

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

In 2022, after three years of growth, there was significant decline in overseas purchases of seed; vegetable seed, of a kind used for sowings, when their volume decreased by -8.7% to 101 tons. In general, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 85% against the previous year.

In value terms, imports of seed; vegetable seed, of a kind used for sowings fell to $8M in 2022. Overall, imports, however, recorded a significant increase. The growth pace was the most rapid in 2020 when imports increased by 196% against the previous year.

Import of Seed; Vegetable Seed, of A Kind Used for Sowing in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France9642,4623,1783,30050.7%
Netherlands4612,5832,7821,77856.8%
Switzerland4147739951,01634.9%
Italy2.3186654560524.4%
United States3604894484467.4%
India1.121.4152373597.3%
Belgium80.815119419834.8%
Philippines43.112510.570.217.7%
Japan3.011177.366.1180.3%
China18.112488.236.626.5%
South Africa23.236.941.08.1-29.6%
Others72.917618316832.1%
Total2,4437,2398,8048,02148.6%

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

  1. France (43.9 tons)
  2. United States (15.2 tons)
  3. Italy (10.4 tons)
  4. Netherlands (9.7 tons)
  5. India (5.4 tons)
  6. Switzerland (3.8 tons)
  7. Belgium (3.6 tons)
  8. Japan (3.4 tons)
  9. Philippines (1.7 tons)
  10. China (0.9 tons)
  11. South Africa (0.3 tons)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of seed; vegetable seed, of a kind used for sowings, when their volume decreased by -9.1% to 1.2 tons. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 644%.

In value terms, exports of seed; vegetable seed, of a kind used for sowings contracted dramatically to $33K in 2022. In general, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 1,580% against the previous year.

Export of Seed; Vegetable Seed, of A Kind Used for Sowing in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nigeria0.819.128.424.7213.7%
United States0.11.54.14.5255.7%
China0.20.50.60.535.7%
Others0.31.310.23.1117.8%
Total1.322.343.432.9193.6%

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

  1. Nigeria (580.0 kg)
  2. United States (324.0 kg)
  3. China (275.0 kg)

Source: IndexBox Market Intelligence Platform

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