Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Belgium - 2023
Contents:
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Belgium (CIF) - 2022
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Belgium (FOB) - 2022
- Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Belgium
- Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Belgium
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Belgium (CIF) - 2022
The average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $5,096 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the import price, however, enjoyed a prominent increase. The growth pace was the most rapid in 2019 an increase of 166% against the previous year. Over the period under review, average import prices attained the maximum at $7,260 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($6,419 per ton) and Germany ($6,019 per ton), while the price for France ($4,960 per ton) and Luxembourg ($5,881 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+45.8%), 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 Belgium (FOB) - 2022
The average export price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $4,701 per ton in 2022, falling by -29.3% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by 148% against the previous year. The export price peaked at $19,351 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($8,423 per ton), while the average price for exports to France ($4,363 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 Morocco (+24.3%), 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 Belgium
In 2022, purchases abroad of seed; lucerne (alfalfa) seed, of a kind used for sowings decreased by -2.2% to 73 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 72% against the previous year. As a result, imports reached the peak of 155 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 modestly to $370K in 2022. In general, imports showed a abrupt decline. The pace of growth was the most pronounced in 2020 with an increase of 105%. As a result, imports attained the peak of $1.1M. 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 Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 159 | 976 | 355 | 316 | 25.7% |
| Germany | N/A | N/A | 1.6 | 22.9 | 1331.2% |
| Luxembourg | N/A | 30.7 | 9.2 | 16.5 | -26.7% |
| Netherlands | 115 | 57.6 | 16.5 | 13.7 | -50.8% |
| Italy | 0.2 | 62.4 | 0.2 | 0.2 | 0.0% |
| Others | 274 | N/A | N/A | 0.1 | -92.9% |
| Total | 549 | 1,126 | 382 | 370 | -12.3% |
Top Suppliers of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing to Belgium in 2022:
- France (63.8 tons)
- Germany (3.8 tons)
- Luxembourg (2.8 tons)
- Netherlands (2.1 tons)
Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Belgium
In 2022, the amount of seed; lucerne (alfalfa) seed, of a kind used for sowings exported from Belgium skyrocketed to 50 tons, increasing by 608% against the previous year. Over the period under review, exports posted significant growth. As a result, the exports attained 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 $234K in 2022. In general, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 1,010%. As a result, the exports reached the peak of $775K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | N/A | N/A | N/A | 89.0 | 0% |
| France | 26.1 | 9.7 | 35.2 | 85.1 | 48.3% |
| Argentina | N/A | 71.0 | N/A | 29.1 | -36.0% |
| Netherlands | 8.6 | 26.3 | 6.7 | 15.2 | 20.9% |
| Luxembourg | N/A | 3.3 | 4.6 | 15.1 | 113.9% |
| New Zealand | N/A | 665 | N/A | N/A | 0% |
| Others | 35.1 | 0.1 | 0.1 | N/A | -94.7% |
| Total | 69.8 | 775 | 46.7 | 234 | 49.7% |
Top Export Markets for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing from Belgium in 2022:
- Morocco (20.0 tons)
- France (19.5 tons)
- Argentina (6.0 tons)
- Luxembourg (2.4 tons)
- Netherlands (1.8 tons)
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