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

Contents:

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

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

The average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $14,833 per ton in 2022, picking up by 155% against the previous year. In general, the import price recorded a strong expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($386,000 per ton), while the price for Australia ($6,939 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+88.1%), 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 Chile (FOB) - 2022

The average export price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $7,010 per ton in 2022, increasing by 11% against the previous year. Over the period under review, the export price, however, showed a pronounced slump. The export price peaked at $11,476 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Peru.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +12.7% per year.

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

After three years of growth, supplies from abroad of seed; lucerne (alfalfa) seed, of a kind used for sowings decreased by -57.6% to 203 tons in 2022. In general, imports faced a deep reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 57% against the previous year.

In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings expanded sharply to $3M in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.7% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 56%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6278149321,34428.9%
Australia1181291801498.1%
FranceN/A148N/A1.5-89.9%
Canada77.4199273N/A87.8%
Others8401,2981,3991,51021.6%
Total1,6632,5882,7843,00521.8%

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

  1. United States (180.9 tons)
  2. Australia (21.5 tons)

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

After two years of decline, shipments abroad of seed; lucerne (alfalfa) seed, of a kind used for sowings increased by 67% to 360 tons in 2022. Over the period under review, exports, however, continue to indicate a pronounced setback.

In value terms, exports of seed; lucerne (alfalfa) seed, of a kind used for sowings soared to $2.5M in 2022. Overall, exports recorded a relatively flat trend pattern. 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 Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru1,2517166791,2620.3%
Others1,2517166791,2620.3%
Total2,5011,4321,3592,5240.3%

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

  1. Peru (180.0 tons)

Source: IndexBox Market Intelligence Platform

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