Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Angola - 2022

Contents:

  1. Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Angola (CIF) - 2022
  2. Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Angola

Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Angola (CIF) - 2022

The average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $6,321 per ton in 2022, with an increase of 135% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $6,595 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Portugal ($10,273 per ton), while the price for South Africa ($3,413 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (+6.6%), while the prices for the other major suppliers experienced a decline.

Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Angola

In 2022, supplies from abroad of seed; lucerne (alfalfa) seed, of a kind used for sowings decreased by -56.3% to 2.7 tons, falling for the second year in a row after two years of growth. Overall, imports, however, recorded pronounced growth. The growth pace was the most rapid in 2020 when imports increased by 511%. As a result, imports reached the peak of 15 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings rose slightly to $17K in 2022. In general, imports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 292%. As a result, imports reached the peak of $58K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Namibia3.86.33.14.66.6%
BrazilN/AN/AN/A4.20%
South Africa0.63.04.64.088.2%
Portugal4.96.01.40.2-65.6%
Others5.542.67.74.2-8.6%
Total14.857.916.817.25.1%

Top Suppliers of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing to Angola in 2022:

  1. South Africa (1160.0 kg)
  2. Namibia (685.0 kg)
  3. Brazil (429.0 kg)
  4. Portugal (22.0 kg)

Source: IndexBox Market Intelligence Platform

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