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

Contents:

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

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

In 2022, the average import price for seed; clover (trifolium spp.) seed, of a kind used for sowing amounted to $1,271 per ton, dropping by -67.4% against the previous year. Overall, the import price recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2018 an increase of 77% against the previous year. Over the period under review, average import prices attained the maximum at $3,894 per ton in 2021, and then shrank remarkably in the following year.

As there is only one major supplying country, the average price level is determined by prices for New Zealand.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +3.2% per year.

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

In 2022, supplies from abroad of seed; clover (trifolium spp.) seed, of a kind used for sowing decreased by -94.3% to 236 kg, falling for the second consecutive year after two years of growth. Overall, imports faced a sharp shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 84%. As a result, imports attained the peak of 5.3 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of seed; clover (trifolium spp.) seed, of a kind used for sowing reduced remarkably to $300 in 2022. Over the period under review, imports continue to indicate a dramatic setback. The growth pace was the most rapid in 2020 when imports increased by 76%. As a result, imports reached the peak of $20K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New ZealandN/AN/A0.20.350.0%
Spain0.50.10.4N/A-10.6%
France0.20.10.1N/A-29.3%
Italy10.49.79.1N/A-6.5%
OthersN/A9.86.4N/A-34.7%
Total11.119.616.20.3-70.0%

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

  1. New Zealand (236.0 kg)

Source: IndexBox Market Intelligence Platform

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