Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Ecuador - 2022

Contents:

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

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

The average import price for seeds, fruit and spores; of a kind used for sowing stood at $6,974 per ton in 2022, increasing by 6.8% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by 7.5% against the previous year. The import price peaked at $7,271 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was New Zealand ($6,315 per ton), while the price for the United States ($2,371 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+1.6%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for seeds, fruit and spores; of a kind used for sowing amounted to $15,698 per ton, with an increase of 103% against the previous year. In general, the export price posted a prominent increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Japan amounted to +66.7% per year.

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

For the fourth year in a row, Ecuador recorded growth in overseas purchases of seeds, fruit and spores; of a kind used for sowing, which increased by 2.8% to 3.7K tons in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +12.7% 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 increased by +43.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of seeds, fruit and spores; of a kind used for sowing expanded remarkably to $26M in 2022. The total import value increased at an average annual rate of +12.7% 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 2021 when imports increased by 16% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Seeds, Fruit and Spores; of A Kind Used for Sowing in Ecuador (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.15.36.55.73.8%
Brazil1.51.53.13.633.9%
Netherlands0.60.70.61.226.0%
New Zealand0.80.90.91.214.5%
Denmark0.20.20.30.314.5%
Others9.811.712.314.112.9%
Total18.220.423.726.012.6%

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

  1. United States (2405.9 tons)
  2. Brazil (645.7 tons)
  3. Netherlands (289.7 tons)
  4. New Zealand (189.8 tons)
  5. Denmark (60.5 tons)

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

In 2022, approx. 8.1 tons of seeds, fruit and spores; of a kind used for sowing were exported from Ecuador; reducing by -54.5% against the previous year. In general, exports faced a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 96%. As a result, the exports reached the peak of 18 tons, and then shrank significantly in the following year.

In value terms, exports of seeds, fruit and spores; of a kind used for sowing fell to $128K in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +9.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 88%. As a result, the exports reached the peak of $138K, and then reduced in the following year.

Export of Seeds, Fruit and Spores; of A Kind Used for Sowing in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States10.99.010.1128127.3%
Dominican Republic32.226.352.0N/A27.1%
Netherlands1.44.412.9N/A203.6%
France6.72.33.7N/A-25.7%
Australia9.77.012.4N/A13.1%
Others37.124.547.2N/A12.8%
Total97.973.51381289.3%

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

  1. United States (8.1 tons)

Source: IndexBox Market Intelligence Platform

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