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

Contents:

  1. Price for Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Costa Rica (CIF) - 2022
  2. Imports of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Costa Rica

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

The average import price for seed; clover (trifolium spp.) seed, of a kind used for sowing stood at $5,618 per ton in 2022, jumping by 57% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, 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 the United States amounted to +2.5% per year.

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

In 2022, after three years of growth, there was significant decline in overseas purchases of seed; clover (trifolium spp.) seed, of a kind used for sowing, when their volume decreased by -8.7% to 1.2 tons. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +18.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 76% against the previous year.

In value terms, imports of seed; clover (trifolium spp.) seed, of a kind used for sowing surged to $6.8K in 2022. Over the period under review, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 128%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.34.14.76.873.6%
Italy0.4N/AN/AN/A0%
New Zealand0.91.9N/AN/A111.1%
OthersN/AN/AN/AN/A0%
Total2.66.04.76.837.8%

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

  1. United States (1.2 tons)

Source: IndexBox Market Intelligence Platform

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