Price for Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Ireland - 2023
Contents:
- Price for Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Ireland (CIF) - 2023
- Price for Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Ireland (FOB) - 2022
- Imports of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Ireland
- Exports of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Ireland
Price for Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Ireland (CIF) - 2023
The average import price for seed; clover (trifolium spp.) seed, of a kind used for sowing stood at $7,057 per ton in October 2023, with an increase of 47% against the previous month. Overall, import price indicated a modest increase from November 2022 to October 2023: its price increased at an average monthly rate of +1.5% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for seed; clover (trifolium spp.) seed, of a kind used for sowing increased by +67.8% against July 2023 indices. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 55% against the previous month. The import price peaked at $7,955 per ton in February 2023; however, from March 2023 to October 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was New Zealand ($7,280 per ton), while the price for the Netherlands ($3,008 per ton) was amongst the lowest.
From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by New Zealand (+5.2%), while the prices for the other major suppliers experienced a decline.
Price for Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Ireland (FOB) - 2022
The average export price for seed; clover (trifolium spp.) seed, of a kind used for sowing stood at $6,855 per ton in 2022, with an increase of 2.1% against the previous year. In general, the export price, however, recorded a deep setback. The pace of growth appeared the most rapid in 2016 when the average export price increased by 22%. The export price peaked at $17,093 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the UK.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +1.4% per year.
Imports of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Ireland
In 2022, approx. 382 tons of seed; clover (trifolium spp.) seed, of a kind used for sowing were imported into Ireland; growing by 54% compared with 2021. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of seed; clover (trifolium spp.) seed, of a kind used for sowing soared to $2M in 2022. Overall, imports saw a significant increase. 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 Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | 77.5 | 43.9 | 740 | 209.0% |
| Denmark | 161 | 346 | 273 | 468 | 42.7% |
| Netherlands | 363 | 265 | 520 | 348 | -1.4% |
| Germany | 3.8 | N/A | 61.6 | 268 | 313.2% |
| New Zealand | 282 | 352 | 397 | 123 | -24.2% |
| United Kingdom | 183 | 276 | 18.9 | 35.2 | -42.3% |
| France | 0.3 | N/A | N/A | 23.8 | 329.7% |
| Others | 0.2 | 2.7 | 0.3 | 23.7 | 391.2% |
| Total | 993 | 1,318 | 1,315 | 2,029 | 26.9% |
Top Suppliers of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing to Ireland in 2022:
- Italy (118.1 tons)
- Denmark (94.9 tons)
- Netherlands (78.6 tons)
- Germany (50.7 tons)
- New Zealand (23.8 tons)
- France (7.6 tons)
- United Kingdom (6.1 tons)
Exports of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Ireland
In 2022, overseas shipments of seed; clover (trifolium spp.) seed, of a kind used for sowing decreased by -57.8% to 5.1 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports faced a abrupt downturn. The pace of growth was the most pronounced in 2020 with an increase of 22%.
In value terms, exports of seed; clover (trifolium spp.) seed, of a kind used for sowing dropped remarkably to $35K in 2022. Over the period under review, exports faced a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 22% against the previous year.
| Export of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 56.6 | 68.9 | 81.6 | 35.1 | -14.7% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 56.6 | 68.9 | 81.6 | 35.2 | -14.6% |
Top Export Markets for Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing from Ireland in 2022:
- United Kingdom (5.1 tons)
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