Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Bahrain - 2022
Contents:
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Bahrain (FOB) - 2022
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Bahrain (CIF) - 2022
- Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Bahrain
- Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Bahrain
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Bahrain (FOB) - 2022
In 2022, the average export price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $4,397 per ton, shrinking by -14.5% against the previous year. Overall, the export price showed a pronounced decline. The growth pace was the most rapid in 2020 an increase of 10% against the previous year. The export price peaked at $6,441 per ton in 2012; however, from 2013 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 Oman.
From 2012 to 2022, the rate of growth in terms of prices for Oman amounted to -3.7% per year.
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Bahrain (CIF) - 2022
The average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $7,363 per ton in 2022, growing by 85% against the previous year. Over the period under review, the import price showed a moderate expansion. The import price peaked at $8,306 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($17,105 per ton), while the price for the United Arab Emirates amounted to $5,283 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.2%).
Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Bahrain
For the third consecutive year, Bahrain recorded decline in overseas shipments of seed; lucerne (alfalfa) seed, of a kind used for sowings, which decreased by -31.3% to 3.8 tons in 2022. Overall, exports continue to indicate a sharp downturn. The smallest decline of -23.8% was in 2021.
In value terms, exports of seed; lucerne (alfalfa) seed, of a kind used for sowings declined rapidly to $17K in 2022. In general, exports continue to indicate a precipitous descent. The smallest decline of -29.2% was in 2021.
| Export of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 85.0 | 39.8 | 28.2 | 16.6 | -42.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 85.0 | 39.8 | 28.2 | 16.6 | -42.0% |
Top Export Markets for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing from Bahrain in 2022:
- Oman (3.8 tons)
Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Bahrain
For the third year in a row, Bahrain recorded decline in purchases abroad of seed; lucerne (alfalfa) seed, of a kind used for sowings, which decreased by -42.6% to 113 kg in 2022. In general, imports recorded a dramatic downturn.
In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings rose rapidly to $832 in 2022. Over the period under review, imports saw a significant decline.
| Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 4.4 | 0.6 | 0.3 | 0.5 | -51.6% |
| United States | 3.3 | 0.4 | 0.2 | 0.3 | -55.0% |
| Egypt | N/A | 1.1 | N/A | N/A | 0% |
| Pakistan | N/A | N/A | 0.1 | N/A | 0% |
| Others | 0.6 | 1.8 | 0.2 | N/A | -42.3% |
| Total | 8.2 | 3.8 | 0.8 | 0.8 | -54.0% |
Top Suppliers of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing to Bahrain in 2022:
- United Arab Emirates (92.0 kg)
- United States (19.0 kg)
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