Asia-Pacific: Market for Seeds, Fruit and Spores Used for Sowing 2025

Market Size for Seeds, Fruit and Spores Used for Sowing in Asia-Pacific

The Asia-Pacific market for seeds, fruit and spores used for sowing reached $X in 2022, standing approx. at the previous year. In general, consumption showed a slight descent. The most prominent rate of growth was recorded in 2020 with an increase of 1.7% against the previous year. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Seeds, Fruit and Spores Used for Sowing in Asia-Pacific

In value terms, production of seeds, fruit and spores used for sowing stood at $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt decline. The growth pace was the most rapid in 2018 when the production volume increased by 22%. Over the period under review, production of reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

The country with the largest volume of production of seeds, fruit and spores used for sowing was Indonesia (X tons), comprising approx. 64% of total volume. Moreover, production of seeds, fruit and spores used for sowing in Indonesia exceeded the figures recorded by the second-largest producer, Malaysia (X tons), twofold.

In Indonesia, production of seeds, fruit and spores used for sowing expanded at an average annual rate of +4.0% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Malaysia (+0.1% per year) and Thailand (+4.5% per year).

Exports of Seeds, Fruit and Spores Used for Sowing

Exports in Asia-Pacific

After two years of growth, shipments abroad of seeds, fruit and spores used for sowing decreased by -3% to X tons in 2022. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 27%. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, exports of seeds, fruit and spores used for sowing reached $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 24% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, India (X tons) represented the main exporter of seeds, fruit and spores used for sowing, achieving 47% of total exports. New Zealand (X tons) held the second position in the ranking, followed by Myanmar (X tons), Thailand (X tons) and China (X tons). All these countries together took approx. 41% share of total exports. The following exporters - Indonesia (X tons) and Vietnam (X tons) - each accounted for a 5.8% share of total exports.

Exports from India decreased at an average annual rate of -2.6% from 2012 to 2022. At the same time, Vietnam (+46.1%), Myanmar (+15.0%), New Zealand (+1.9%) and Indonesia (+1.6%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +46.1% from 2012-2022. Thailand experienced a relatively flat trend pattern. By contrast, China (-1.0%) illustrated a downward trend over the same period. Myanmar (+9.9 p.p.), New Zealand (+3 p.p.) and Vietnam (+2.5 p.p.) significantly strengthened its position in terms of the total exports, while India saw its share reduced by -9.7% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X), Thailand ($X) and New Zealand ($X) constituted the countries with the highest levels of exports in 2022, with a combined 42% share of total exports. Vietnam, China, Myanmar and Indonesia lagged somewhat behind, together accounting for a further 18%.

Vietnam, with a CAGR of +36.4%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, rising by 4% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the export price increased by 29%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+6.4%), while the other leaders experienced a decline in the export price figures.

Imports of Seeds, Fruit and Spores Used for Sowing

Imports in Asia-Pacific

In 2022, after two years of growth, there was significant decline in overseas purchases of seeds, fruit and spores used for sowing, when their volume decreased by -33.1% to X tons. Overall, imports, however, continue to indicate a modest expansion. The pace of growth was the most pronounced in 2015 with an increase of 53% against the previous year. Over the period under review, imports of reached the maximum at X tons in 2021, and then contracted sharply in the following year.

In value terms, imports of seeds, fruit and spores used for sowing fell markedly to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 21%. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) and Bangladesh (X tons) were the key importers of seeds, fruit and spores used for sowing in Asia-Pacific, together resulting at near 65% of total imports. Taiwan (Chinese) (X tons) held a 10% share (based on physical terms) of total imports, which put it in second place, followed by Japan (6%) and South Korea (4.7%). The following importers - Malaysia (X tons) and New Zealand (X tons) - together made up 5.2% of total imports.

From 2012 to 2022, the biggest increases were recorded for New Zealand (with a CAGR of +12.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported seeds, fruit and spores used for sowing in Asia-Pacific, comprising 30% of total imports. The second position in the ranking was held by Japan ($X), with a 9.2% share of total imports. It was followed by Taiwan (Chinese), with a 6.1% share.

In China, imports of seeds, fruit and spores used for sowing increased at an average annual rate of +7.4% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Japan (-1.5% per year) and Taiwan (Chinese) (+0.3% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2022, with an increase of 22% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the import price increased by 27% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+9.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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