Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Saudi Arabia - 2022
Contents:
- Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Saudi Arabia (CIF) - 2022
- Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Saudi Arabia (FOB) - 2022
- Imports of Seed; Vegetable Seed, of A Kind Used for Sowing in Saudi Arabia
- Exports of Seed; Vegetable Seed, of A Kind Used for Sowing in Saudi Arabia
Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Saudi Arabia (CIF) - 2022
The average import price for seed; vegetable seed, of a kind used for sowings stood at $10,412 per ton in 2022, reducing by -74.6% against the previous year. In general, the import price recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 an increase of 99%. As a result, import price reached the peak level of $44,027 per ton. From 2021 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 ($1,681,757 per ton), while the price for India ($11,840 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Saudi Arabia (FOB) - 2022
The average export price for seed; vegetable seed, of a kind used for sowings stood at $12,404 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, saw a perceptible increase. The growth pace was the most rapid in 2019 an increase of 189%. As a result, the export price attained the peak level of $16,621 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Zealand ($160,636 per ton), while the average price for exports to Mauritania ($986 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 Oman (+111.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Seed; Vegetable Seed, of A Kind Used for Sowing in Saudi Arabia
In 2022, purchases abroad of seed; vegetable seed, of a kind used for sowings increased by 432% to 2.8K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of seed; vegetable seed, of a kind used for sowings surged to $29M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +12.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -20.6% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 78%. As a result, imports reached the peak of $37M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Seed; Vegetable Seed, of A Kind Used for Sowing in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 3.7 | 4.2 | 4.8 | 6.2 | 18.8% |
| United States | 4.1 | 4.8 | 1.6 | 4.4 | 2.4% |
| Netherlands | 2.0 | 3.4 | 2.1 | 3.1 | 15.7% |
| China | 1.6 | 4.5 | 1.3 | 3.0 | 23.3% |
| Mexico | 0.6 | 0.9 | 1.0 | 1.3 | 29.4% |
| Latvia | 0.9 | 0.3 | 0.3 | 0.6 | -12.6% |
| Egypt | N/A | 8.2 | 2.1 | N/A | -74.4% |
| Others | 7.7 | 10.5 | 8.4 | 10.5 | 10.9% |
| Total | 20.6 | 36.8 | 21.7 | 29.2 | 12.3% |
Top Suppliers of Seed; Vegetable Seed, of A Kind Used for Sowing to Saudi Arabia in 2022:
- India (522.3 tons)
- United States (108.4 tons)
- China (103.9 tons)
- Mexico (80.2 tons)
- Latvia (14.1 tons)
- Netherlands (1.9 tons)
Exports of Seed; Vegetable Seed, of A Kind Used for Sowing in Saudi Arabia
In 2022, exports of seed; vegetable seed, of a kind used for sowings from Saudi Arabia declined dramatically to 15 tons, with a decrease of -44.9% on the previous year's figure. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,377%. As a result, the exports attained the peak of 26 tons, and then declined rapidly in the following year.
In value terms, exports of seed; vegetable seed, of a kind used for sowings contracted rapidly to $181K in 2022. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 1,032% against the previous year. As a result, the exports attained the peak of $333K, and then dropped notably in the following year.
| Export of Seed; Vegetable Seed, of A Kind Used for Sowing in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| New Zealand | N/A | N/A | 54.8 | 0% | |
| Senegal | N/A | N/A | 47.3 | 0% | |
| Mauritania | N/A | N/A | 12.0 | 0% | |
| Oman | N/A | N/A | 8.6 | 0% | |
| Norway | N/A | N/A | 3.5 | 0% | |
| Bahrain | 24.3 | 168 | 0.9 | -80.8% | |
| Jordan | N/A | 102 | N/A | 0% | |
| United Arab Emirates | 5.1 | N/A | N/A | 0% | |
| Yemen | N/A | 2.4 | N/A | 0% | |
| Others | N/A | 59.4 | 53.8 | -9.4% | |
| Total | 29.4 | 333 | 181 | 148.1% | |
Top Export Markets for Seed; Vegetable Seed, of A Kind Used for Sowing from Saudi Arabia in 2022:
- Mauritania (12.2 tons)
- Senegal (0.8 tons)
- Oman (0.5 tons)
- New Zealand (0.3 tons)
- Norway (0.3 tons)
- Bahrain (0.1 tons)
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