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

Contents:

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

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

In 2022, the average export price for seed; clover (trifolium spp.) seed, of a kind used for sowing amounted to $4,616 per ton, stabilizing at the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 12%. As a result, the export price reached the peak level of $5,199 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($7,412 per ton), while the average price for exports to Poland ($3,491 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for seed; clover (trifolium spp.) seed, of a kind used for sowing amounted to $6,431 per ton, surging by 40% against the previous year. Overall, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for seed; clover (trifolium spp.) seed, of a kind used for sowing increased by +75.5% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($8,870 per ton), while the price for Italy ($4,473 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, overseas shipments of seed; clover (trifolium spp.) seed, of a kind used for sowing decreased by -54.4% to 1.8K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a dramatic shrinkage. The growth pace was the most rapid in 2020 when exports increased by 20%. As a result, the exports reached the peak of 5K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of seed; clover (trifolium spp.) seed, of a kind used for sowing fell notably to $8.3M in 2022. In general, exports continue to indicate a sharp setback. The most prominent rate of growth was recorded in 2020 when exports increased by 17%. As a result, the exports reached the peak of $20M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in New Zealand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.41.81.81.40.0%
China0.22.81.61.491.3%
France3.33.13.41.0-32.8%
Netherlands2.42.62.21.0-25.3%
Germany3.03.02.40.9-33.1%
Japan0.50.40.70.4-7.2%
Canada0.50.60.70.3-15.7%
Australia0.50.60.70.3-15.7%
Chile0.40.40.60.3-9.1%
Switzerland0.30.40.40.30.0%
South Africa0.20.20.20.20.0%
Poland0.50.50.20.2-26.3%
United Kingdom1.31.11.20.2-46.4%
Others3.12.72.10.5-45.6%
Total17.520.418.28.3-22.0%

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

  1. China (289.9 tons)
  2. United States (272.8 tons)
  3. Netherlands (246.7 tons)
  4. France (239.1 tons)
  5. Germany (219.1 tons)
  6. Canada (71.1 tons)
  7. Switzerland (66.2 tons)
  8. Australia (63.7 tons)
  9. Japan (57.7 tons)
  10. United Kingdom (51.3 tons)
  11. Poland (48.8 tons)
  12. Chile (40.8 tons)
  13. South Africa (34.8 tons)

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

In 2022, the amount of seed; clover (trifolium spp.) seed, of a kind used for sowing imported into New Zealand expanded rapidly to 304 tons, surging by 5.2% compared with the year before. The total import volume increased at an average annual rate of +8.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 15% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of seed; clover (trifolium spp.) seed, of a kind used for sowing skyrocketed to $2M in 2022. Overall, imports enjoyed significant growth. As a result, imports reached 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 New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark4.11.59.8912505.9%
Australia7671,205940696-3.2%
United States12656.428130534.3%
ItalyN/A27.2N/A38.318.7%
PeruN/AN/A82.4N/A0%
Uruguay27.040.4N/AN/A49.6%
Others32.436.116.16.4-41.8%
Total9571,3671,3291,95827.0%

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

  1. Australia (144.6 tons)
  2. Denmark (102.8 tons)
  3. United States (48.1 tons)
  4. Italy (8.6 tons)

Source: IndexBox Market Intelligence Platform

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