Price for Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in South Korea - 2022
Contents:
- Price for Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in South Korea (CIF) - 2022
- Imports of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in South Korea
Price for Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in South Korea (CIF) - 2022
The average import price for seed; clover (trifolium spp.) seed, of a kind used for sowing stood at $3,740 per ton in 2022, increasing by 4.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2013 when the average import price increased by 51%. Over the period under review, average import prices attained the maximum at $5,093 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($4,103 per ton), while the price for China ($3,602 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 (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in South Korea
After three years of growth, overseas purchases of seed; clover (trifolium spp.) seed, of a kind used for sowing decreased by -38.9% to 32 tons in 2022. Overall, imports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2020 when imports increased by 84% against the previous year.
In value terms, imports of seed; clover (trifolium spp.) seed, of a kind used for sowing fell dramatically to $118K in 2022. In general, imports, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 83%.
Import of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 14.9 | 92.4 | 70.1 | 57.8 | 57.1% |
China | 2.3 | 2.7 | 1.8 | 56.0 | 189.8% |
United States | 5.5 | 37.0 | 36.2 | 4.2 | -8.6% |
Netherlands | 21.8 | 34.5 | 29.7 | N/A | 16.7% |
Australia | 11.3 | 5.4 | 6.7 | N/A | -23.0% |
Pakistan | 37.8 | N/A | N/A | N/A | 0% |
Others | 1.6 | 1.9 | 41.0 | 0.2 | -50.0% |
Total | 95.3 | 174 | 185 | 118 | 7.4% |
Top Suppliers of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing to South Korea in 2022:
- China (15.6 tons)
- Italy (15.0 tons)
- United States (1.0 tons)
This report provides an in-depth analysis of the market for tree, flower and other seeds, fruits and spores for sowing in Republic of Korea.
This report provides an in-depth analysis of the global market for tree, flower and other seeds, fruits and spores for sowing.
This report provides an in-depth analysis of the market for tree, flower and other seeds, fruits and spores for sowing in Republic of Korea.
This report provides an in-depth analysis of the global market for tree, flower and other seeds, fruits and spores for sowing.
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