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

Contents:

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

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

In 2022, the average export price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $934 per ton, declining by -36.1% against the previous year. In general, the export price saw a abrupt downturn. The growth pace was the most rapid in 2017 when the average export price increased by 55%. Over the period under review, the average export prices hit record highs at $3,200 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Georgia ($2,000 per ton), while the average price for exports to Uzbekistan ($830 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (-5.1%).

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

The average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $1,727 per ton in 2022, picking up by 23% against the previous year. In general, the import price continues to indicate a resilient expansion. The growth pace was the most rapid in 2020 when the average import price increased by 239% against the previous year. As a result, import price attained the peak level of $2,660 per ton. From 2021 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($6,264 per ton), while the price for Turkey amounted to $3,273 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, exports of seed; lucerne (alfalfa) seed, of a kind used for sowings from Azerbaijan soared to 841 tons, rising by 1,068% on 2021. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of seed; lucerne (alfalfa) seed, of a kind used for sowings skyrocketed to $785K in 2022. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
UzbekistanN/AN/AN/A2150%
KyrgyzstanN/AN/AN/A1390%
KazakhstanN/AN/AN/A24.20%
Georgia68.712452.615.2-39.5%
Others12812452.639345.3%
Total19724810578558.5%

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

  1. Uzbekistan (258.7 tons)
  2. Kyrgyzstan (132.0 tons)
  3. Kazakhstan (22.0 tons)
  4. Georgia (7.6 tons)

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

In 2022, supplies from abroad of seed; lucerne (alfalfa) seed, of a kind used for sowings decreased by -82.2% to 124 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a precipitous contraction. The pace of growth appeared the most rapid in 2020 with an increase of 28% against the previous year. As a result, imports attained the peak of 895 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 declined dramatically to $213K in 2022. In general, imports recorded a dramatic descent. The most prominent rate of growth was recorded in 2020 with an increase of 333%. As a result, imports attained the peak of $2.4M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey30.217312678.837.7%
Italy7.436146.027.955.6%
Russia21.55.510.9N/A-28.8%
KazakhstanN/A15.1N/AN/A0%
UzbekistanN/A15.833.5N/A112.0%
SerbiaN/A131N/AN/A0%
Kyrgyzstan207213268N/A13.8%
Others2821,465493107-27.6%
Total5492,379977213-27.1%

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

  1. Turkey (24.1 tons)
  2. Italy (4.5 tons)

Source: IndexBox Market Intelligence Platform

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