Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Argentina - 2024
Contents:
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Argentina (CIF) - 2024
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Argentina (FOB) - 2022
- Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Argentina
- Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Argentina
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Argentina (CIF) - 2024
The average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $6,783 per ton in June 2023, increasing by 14% against the previous month. In general, the import price, however, showed a mild contraction. Over the period under review, average import prices reached the peak figure at $7,003 per ton in March 2023; however, from April 2023 to June 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($7,248 per ton), while the price for France stood at $6,199 per ton.
From March 2023 to June 2023, the most notable rate of growth in terms of prices was attained by France (+2.8%), while the prices for the other major suppliers experienced a decline.
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Argentina (FOB) - 2022
In 2022, the average export price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $6,076 per ton, picking up by 114% against the previous year. Overall, the export price saw a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $6,591 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Italy.
From 2012 to 2022, the rate of growth in terms of prices for Paraguay amounted to +76.5% per year.
Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Argentina
In 2022, overseas purchases of seed; lucerne (alfalfa) seed, of a kind used for sowings decreased by -16.2% to 4K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +9.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +29.7% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 38%. As a result, imports reached the peak of 4.8K tons, and then fell dramatically in the following year.
In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings expanded slightly to $28M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +18.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.9% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 64%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.3 | 1.7 | 3.5 | 6.4 | 24.7% |
| Australia | 2.7 | 3.8 | 6.3 | 3.7 | 11.1% |
| Canada | 1.6 | 1.5 | 1.7 | 2.3 | 12.9% |
| Italy | 0.5 | 0.7 | 1.0 | 1.2 | 33.9% |
| France | 0.4 | 0.4 | 0.6 | 0.3 | -9.1% |
| Others | 8.5 | 8.4 | 13.9 | 14.2 | 18.7% |
| Total | 17.0 | 16.5 | 27.0 | 28.1 | 18.2% |
Top Suppliers of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing to Argentina in 2022:
- United States (786.2 tons)
- Australia (504.0 tons)
- Canada (374.5 tons)
- Italy (266.9 tons)
- France (57.9 tons)
Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Argentina
Exports of seed; lucerne (alfalfa) seed, of a kind used for sowings from Argentina dropped rapidly to 4 tons in 2022, which is down by -88.2% compared with the previous year. Overall, exports showed a dramatic downturn. The growth pace was the most rapid in 2021 with an increase of 63% against the previous year.
In value terms, exports of seed; lucerne (alfalfa) seed, of a kind used for sowings dropped markedly to $24K in 2022. In general, exports showed a dramatic decline. The smallest decline of -12% was in 2021.
| Export of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | 5.0 | N/A | 21.3 | 106.4% |
| Paraguay | 14.4 | N/A | N/A | N/A | 0% |
| Uruguay | 245 | 51.0 | 93.4 | N/A | -38.3% |
| Brazil | 59.0 | 54.3 | N/A | N/A | -8.0% |
| Others | 0.1 | N/A | 3.6 | 3.1 | 214.1% |
| Total | 318 | 110 | 97.0 | 24.4 | -57.5% |
Top Export Markets for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing from Argentina in 2022:
- Italy (4.0 tons)
611
This report provides an in-depth analysis of the market for tree, flower and other seeds, fruits and spores for sowing in Argentina.
2355
This report provides an in-depth analysis of the global market for tree, flower and other seeds, fruits and spores for sowing.
611
This report provides an in-depth analysis of the market for tree, flower and other seeds, fruits and spores for sowing in Argentina.
2355
This report provides an in-depth analysis of the global market for tree, flower and other seeds, fruits and spores for sowing.
2115
From 2007 to 2016, global palm kernel consumption displayed a mixed dynamic. As of the end of 2016, the global palm kernel market stood at X thousand tons or X million USD.
1180
Global palm kernel consumption amounted to X thousand tons in 2015, growing by +X% against the previous year level.
1670
In 2015, the countries with the highest levels of palm kernel production were Indonesia (X thousand tons), Malaysia (X thousand tons), Thailand (X thousand tons), together accounting for X% of total output.
2025
In 2015, the countries with the highest levels of palm oil production were Indonesia (X thousand tons), Malaysia (X thousand tons), Thailand (X thousand tons), together accounting for X% of total output.
1488
Indonesia dominates in the global palm kernel trade. In 2014, Indonesia exported X thousand tons of palm kernels totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total pal
2115
From 2007 to 2016, global palm kernel consumption displayed a mixed dynamic. As of the end of 2016, the global palm kernel market stood at X thousand tons or X million USD.
1180
Global palm kernel consumption amounted to X thousand tons in 2015, growing by +X% against the previous year level.
1670
In 2015, the countries with the highest levels of palm kernel production were Indonesia (X thousand tons), Malaysia (X thousand tons), Thailand (X thousand tons), together accounting for X% of total output.
2025
In 2015, the countries with the highest levels of palm oil production were Indonesia (X thousand tons), Malaysia (X thousand tons), Thailand (X thousand tons), together accounting for X% of total output.
1488
Indonesia dominates in the global palm kernel trade. In 2014, Indonesia exported X thousand tons of palm kernels totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total pal
