Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Austria - 2024

Contents:

  1. Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Austria (CIF) - 2022
  2. Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Austria (FOB) - 2024
  3. Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Austria
  4. Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Austria

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

In 2022, the average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $4,261 per ton, approximately mirroring the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 20% against the previous year. The import price peaked at $5,305 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Spain ($4,308 per ton) and Italy ($4,262 per ton), while the price for Denmark ($3,548 per ton) and France ($4,187 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Austria (FOB) - 2024

In September 2023, the average export price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $6,234 per ton, waning by -3.4% against the previous month. In general, the export price, however, recorded a tangible expansion. The pace of growth appeared the most rapid in June 2023 an increase of 91% against the previous month. As a result, the export price attained the peak level of $13,730 per ton. From July 2023 to September 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was Switzerland ($18,687 per ton), while the average price for exports to Serbia amounted to $1,248 per ton.

From March 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+254.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the third consecutive year, Austria recorded decline in supplies from abroad of seed; lucerne (alfalfa) seed, of a kind used for sowings, which decreased by -3.1% to 367 tons in 2022. Overall, imports continue to indicate a precipitous setback.

In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings dropped modestly to $1.6M in 2022. Over the period under review, imports faced a dramatic downturn.

Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1,0799015311,0830.1%
Germany588655661313-19.0%
SpainN/AN/AN/A1030%
France26426216733.1-49.9%
DenmarkN/AN/A20220.0-90.1%
Hungary69.931.8N/A2.1-68.9%
Others2,01823.966.110.3-82.8%
Total4,0181,8731,6271,564-27.0%

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

  1. Italy (254.1 tons)
  2. Germany (74.1 tons)
  3. Spain (24.0 tons)
  4. France (7.9 tons)
  5. Denmark (5.6 tons)
  6. Hungary (0.3 tons)

Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Austria

In 2022, overseas shipments of seed; lucerne (alfalfa) seed, of a kind used for sowings were finally on the rise to reach 145 tons after two years of decline. Over the period under review, exports, however, faced a deep setback.

In value terms, exports of seed; lucerne (alfalfa) seed, of a kind used for sowings soared to $757K in 2022. Overall, exports, however, continue to indicate a abrupt slump.

Export of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary8.77.112.7171169.9%
Germany204201169145-10.8%
Bulgaria27.659.010811560.9%
Slovakia11192.057.397.0-4.4%
Czech Republic11498.876.769.5-15.2%
Italy47.410662.738.1-7.0%
Slovenia20.27.321.030.214.3%
GeorgiaN/A6.222.026.7107.5%
Others59734.542.865.6-52.1%
Total1,131612572757-12.5%

Top Export Markets for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing from Austria in 2022:

  1. Hungary (36.7 tons)
  2. Bulgaria (25.5 tons)
  3. Germany (21.0 tons)
  4. Slovakia (19.0 tons)
  5. Czech Republic (10.4 tons)
  6. Italy (8.1 tons)
  7. Georgia (6.5 tons)
  8. Slovenia (6.1 tons)

Source: IndexBox Market Intelligence Platform

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