Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Bolivia - 2023

Contents:

  1. Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Bolivia (CIF) - 2023
  2. Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Bolivia

Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Bolivia (CIF) - 2023

In March 2023, the average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $4,907 per ton, remaining constant against the previous month. Over the period under review, the import price recorded a notable increase. The most prominent rate of growth was recorded in January 2023 an increase of 12% m-o-m. The import price peaked in March 2023.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From October 2022 to March 2023, the rate of growth in terms of prices for the United States amounted to 0.0% per month.

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

Imports of seed; lucerne (alfalfa) seed, of a kind used for sowings into Bolivia surged to 691 tons in 2022, increasing by 393% on the previous year. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings skyrocketed to $3.1M in 2022. Overall, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Bolivia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5511693011,52440.4%
Argentina16.99.73.510.3-15.2%
Chile9.88.68.17.3-9.4%
Others5511693051,52440.4%
Total1,1283556183,06539.5%

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

  1. United States (326.3 tons)
  2. Chile (29.9 tons)
  3. Argentina (8.0 tons)

Source: IndexBox Market Intelligence Platform

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