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

Contents:

  1. Price for Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Germany (CIF) - 2023
  2. Price for Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Germany (FOB) - 2023
  3. Imports of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Germany
  4. Exports of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Germany

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

The average import price for seed; clover (trifolium spp.) seed, of a kind used for sowing stood at $3,842 per ton in October 2023, increasing by 2.8% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.9%. The pace of growth was the most pronounced in November 2022 an increase of 27% month-to-month. The import price peaked at $4,320 per ton in February 2023; however, from March 2023 to October 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was New Zealand ($5,391 per ton), while the price for Israel amounted to $3,292 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.8%), 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 Germany (FOB) - 2023

In October 2023, the average export price for seed; clover (trifolium spp.) seed, of a kind used for sowing amounted to $4,237 per ton, falling by -11.9% against the previous month. Overall, the export price continues to indicate a pronounced descent. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 17% m-o-m. As a result, the export price reached the peak level of $5,649 per ton. From February 2023 to October 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the UK ($14,755 per ton), while the average price for exports to Saudi Arabia amounted to $4,159 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of seed; clover (trifolium spp.) seed, of a kind used for sowing imported into Germany totaled 9.3K tons, picking up by 5% compared with 2021 figures. Overall, imports, however, continue to indicate a mild setback.

In value terms, imports of seed; clover (trifolium spp.) seed, of a kind used for sowing rose rapidly to $29M in 2022. The total import value increased at an average annual rate of +6.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy8.69.98.17.9-2.8%
Netherlands0.50.60.74.0100.0%
Poland3.62.83.33.5-0.9%
France1.91.21.02.36.6%
Sweden0.60.81.42.049.4%
Denmark1.91.12.01.90.0%
Lithuania0.81.12.51.831.0%
Czech Republic1.71.21.91.4-6.3%
Portugal0.51.20.60.921.6%
Hungary0.70.90.70.70.0%
IsraelN/AN/A0.10.5400.0%
Australia0.30.20.10.518.6%
New Zealand1.51.81.80.5-30.7%
Others1.11.11.41.0-3.1%
Total23.724.025.328.96.8%

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

  1. Italy (3150.6 tons)
  2. Netherlands (1174.5 tons)
  3. Poland (928.9 tons)
  4. France (823.0 tons)
  5. Czech Republic (644.2 tons)
  6. Lithuania (448.2 tons)
  7. Portugal (383.7 tons)
  8. Sweden (364.7 tons)
  9. Hungary (346.0 tons)
  10. Denmark (278.4 tons)
  11. Israel (210.0 tons)
  12. Australia (185.7 tons)
  13. New Zealand (113.1 tons)

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

In 2022, the amount of seed; clover (trifolium spp.) seed, of a kind used for sowing exported from Germany fell to 4.2K tons, waning by -5% compared with 2021. The total export volume increased at an average annual rate of +7.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 31%. As a result, the exports attained the peak of 4.4K tons, and then declined in the following year.

In value terms, exports of seed; clover (trifolium spp.) seed, of a kind used for sowing declined modestly to $18M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.4% 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 +49.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 47% against the previous year. As a result, the exports attained the peak of $18M, leveling off in the following year.

Export of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2,9612,8105,1243,3284.0%
United Kingdom1,6041,5442,4023,02923.6%
Austria1,4741,7341,4772,00610.8%
Canada4488051,9731,25541.0%
Netherlands7947517051,06910.4%
Russia46411930392225.7%
Switzerland959703729727-8.8%
Ireland14.83.938.0711263.5%
China114N/A51063277.0%
Finland30222048652520.2%
Belgium478504502468-0.7%
Italy11844136043154.0%
Hungary25325523841017.5%
Others2,0012,3043,1392,4396.8%
Total11,98312,19617,98617,95114.4%

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

  1. France (1072.4 tons)
  2. United Kingdom (539.7 tons)
  3. Austria (469.2 tons)
  4. Canada (336.5 tons)
  5. Switzerland (223.5 tons)
  6. Netherlands (215.5 tons)
  7. Russia (148.4 tons)
  8. Ireland (126.3 tons)
  9. Finland (119.2 tons)
  10. China (112.1 tons)
  11. Italy (100.4 tons)
  12. Hungary (96.5 tons)
  13. Belgium (93.9 tons)

Source: IndexBox Market Intelligence Platform

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