Price for Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Bulgaria - 2023

Contents:

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

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

The average export price for seed; clover (trifolium spp.) seed, of a kind used for sowing stood at $1,321 per ton in 2022, which is down by -2.1% against the previous year. In general, the export price showed a drastic downturn. The pace of growth appeared the most rapid in 2021 an increase of 13%. Over the period under review, the average export prices reached the peak figure at $2,479 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Italy.

From 2012 to 2022, the rate of growth in terms of prices for Romania amounted to +1.0% per year.

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

The average import price for seed; clover (trifolium spp.) seed, of a kind used for sowing stood at $1,228 per ton in 2022, shrinking by -4.4% against the previous year. In general, the import price recorded a abrupt decrease. The growth pace was the most rapid in 2013 when the average import price increased by 122%. As a result, import price attained the peak level of $5,399 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Pakistan ($1,571 per ton), while the price for Egypt amounted to $1,132 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+0.7%), while the prices for the other major suppliers experienced a decline.

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

In 2022, after three years of growth, there was significant decline in overseas shipments of seed; clover (trifolium spp.) seed, of a kind used for sowing, when their volume decreased by -73.5% to 455 tons. In general, exports, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 159%.

In value terms, exports of seed; clover (trifolium spp.) seed, of a kind used for sowing fell notably to $601K in 2022. Overall, exports, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2020 when exports increased by 178%.

Export of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy2581,0241,58760032.5%
Romania13052.0733N/A137.5%
OthersN/A4.0N/A1.3-43.0%
Total3881,0802,32060115.7%

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

  1. Italy (455.1 tons)

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

After three years of growth, purchases abroad of seed; clover (trifolium spp.) seed, of a kind used for sowing decreased by -71.9% to 450 tons in 2022. Overall, imports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 183% against the previous year.

In value terms, imports of seed; clover (trifolium spp.) seed, of a kind used for sowing shrank sharply to $553K in 2022. In general, imports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2020 with an increase of 185%.

Import of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt3481,0541,4084539.2%
PakistanN/AN/A32.667.5107.1%
United StatesN/AN/A505N/A0%
Others27.415.311632.96.3%
Total3761,0702,06155313.7%

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

  1. Egypt (400.0 tons)
  2. Pakistan (43.0 tons)

Source: IndexBox Market Intelligence Platform

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