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

Contents:

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

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

In 2022, the average import price for seed; clover (trifolium spp.) seed, of a kind used for sowing amounted to $5,381 per ton, with an increase of 11% against the previous year. Over the period under review, the import price, however, saw a perceptible contraction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 107% against the previous year. Over the period under review, average import prices reached the peak figure at $7,577 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($7,618 per ton), while the price for Indonesia amounted to $1,138 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+19.3%).

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

In 2022, the amount of seed; clover (trifolium spp.) seed, of a kind used for sowing imported into Singapore plummeted to 84 kg, waning by -42.1% compared with the previous year. Over the period under review, imports saw a sharp decline.

In value terms, imports of seed; clover (trifolium spp.) seed, of a kind used for sowing contracted rapidly to $452 in 2022. Overall, imports showed a dramatic downturn.

Import of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/A1.10.70.4-39.7%
Japan5.3N/AN/AN/A0%
United Kingdom5.8N/AN/AN/A0%
IndonesiaN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total11.11.10.70.5-64.4%

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

  1. Netherlands (55.0 kg)
  2. Indonesia (29.0 kg)

Source: IndexBox Market Intelligence Platform

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