Price for Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Belarus - 2022

Contents:

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

Price for Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Belarus (CIF) - 2022

The average import price for seed; clover (trifolium spp.) seed, of a kind used for sowing stood at $2,514 per ton in 2022, increasing by 4.7% against the previous year. Overall, the import price, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when the average import price increased by 49% against the previous year. The import price peaked at $4,638 per ton in 2019; however, from 2020 to 2022, import prices remained at a 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 Denmark ($4,679 per ton), while the price for Russia ($1,768 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 (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Belarus (FOB) - 2022

In 2022, the average export price for seed; clover (trifolium spp.) seed, of a kind used for sowing amounted to $2,449 per ton, surging by 22% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by 46% against the previous year. Over the period under review, the average export prices hit record highs at $3,123 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Serbia ($3,357 per ton), while the average price for exports to Russia totaled $1,918 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+2.5%), while the prices for the other major destinations experienced a decline.

Imports of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Belarus

Imports of seed; clover (trifolium spp.) seed, of a kind used for sowing into Belarus stood at 217 tons in 2022, picking up by 5.8% on 2021 figures. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +8.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.3% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 46%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of seed; clover (trifolium spp.) seed, of a kind used for sowing stood at $546K in 2022. Over the period under review, imports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 12%.

Import of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia0.8108333277602.2%
Denmark31375.787.6130-25.4%
Lithuania29042.759.5107-28.3%
Germany86.623.56.331.8-28.4%
Italy93.1189N/AN/A103.0%
Others7.9N/A6.1N/A-12.1%
Total791439492546-11.6%

Top Suppliers of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing to Belarus in 2022:

  1. Russia (156.5 tons)
  2. Denmark (27.8 tons)
  3. Lithuania (25.6 tons)
  4. Germany (7.2 tons)

Exports of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Belarus

In 2022, the amount of seed; clover (trifolium spp.) seed, of a kind used for sowing exported from Belarus skyrocketed to 204 tons, with an increase of 153% against the previous year's figure. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of seed; clover (trifolium spp.) seed, of a kind used for sowing soared to $499K in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Serbia81.710078.125345.8%
Russia3.523119.7247313.2%
Poland24.0N/A42.3N/A32.8%
UkraineN/AN/A20.8N/A0%
OthersN/AN/AN/AN/A0%
Total10933116149966.0%

Top Export Markets for Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing from Belarus in 2022:

  1. Russia (128.6 tons)
  2. Serbia (75.2 tons)

Source: IndexBox Market Intelligence Platform

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