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

Contents:

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

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

The average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $4,207 per ton in 2022, growing by 14% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 34% against the previous year. The import price peaked at $5,056 per ton in 2013; however, from 2014 to 2022, 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 the Netherlands ($6,165 per ton), while the price for Russia ($3,986 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.2%), 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 Belarus (FOB) - 2022

In 2022, the average export price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $3,529 per ton, reducing by -13.5% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 20% against the previous year. Over the period under review, the average export prices hit record highs at $4,583 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($3,834 per ton), while the average price for exports to Lithuania ($2,207 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+48.2%), 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 Belarus

In 2022, purchases abroad of seed; lucerne (alfalfa) seed, of a kind used for sowings decreased by -50.7% to 1.6K tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a dramatic slump. The most prominent rate of growth was recorded in 2020 with an increase of 40%. As a result, imports reached the peak of 5.3K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings dropped sharply to $6.7M in 2022. Overall, imports continue to indicate a abrupt decline. The growth pace was the most rapid in 2020 when imports increased by 51% against the previous year. As a result, imports attained the peak of $17M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,7932,8339911,276-23.0%
Poland6852151567030.9%
Russia5351,4341,4205853.0%
Lithuania2445405912571.7%
Netherlands98.12422781268.7%
France83075860968.8-56.4%
Italy10113315067.5-12.6%
Serbia14440311449.4-30.0%
Others6,03710,7597,5923,562-16.1%
Total11,46617,31511,9026,694-16.4%

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

  1. Germany (258.1 tons)
  2. Russia (146.6 tons)
  3. Poland (137.3 tons)
  4. Lithuania (49.2 tons)
  5. Netherlands (20.4 tons)
  6. France (15.3 tons)
  7. Italy (12.3 tons)
  8. Serbia (9.8 tons)

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

In 2022, overseas shipments of seed; lucerne (alfalfa) seed, of a kind used for sowings were finally on the rise to reach 261 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a deep slump.

In value terms, exports of seed; lucerne (alfalfa) seed, of a kind used for sowings surged to $921K in 2022. Overall, exports, however, saw a abrupt setback.

Export of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia3082212733302.3%
Germany16369.760.668.7-25.0%
Serbia26.625.623.027.00.5%
Lithuania10.48.36.26.0-16.8%
FranceN/A34.668.9N/A99.1%
Italy54.894.6N/AN/A72.6%
Others536427351490-2.9%
Total1,100881783921-5.7%

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

  1. Russia (86.0 tons)
  2. Germany (20.2 tons)
  3. Serbia (10.8 tons)
  4. Lithuania (2.7 tons)

Source: IndexBox Market Intelligence Platform

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