Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Colombia - 2023
Contents:
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Colombia (CIF) - 2022
- Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Colombia
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Colombia (CIF) - 2022
In 2022, the average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $7,927 per ton, surging by 7.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +5.6%. The pace of growth was the most pronounced in 2013 an increase of 84% against the previous year. As a result, import price attained the peak level of $8,436 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +22.4% per year.
Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Colombia
In 2022, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings into Colombia dropped significantly to 8.9 tons, which is down by -30.9% compared with 2021. Over the period under review, imports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 41%. As a result, imports attained the peak of 13 tons, and then contracted rapidly in the following year.
In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings shrank notably to $71K in 2022. In general, imports saw a perceptible contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 44%. As a result, imports attained the peak of $95K, and then fell sharply in the following year.
| Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 39.2 | 33.2 | 46.0 | 35.4 | -3.3% |
| Others | 39.2 | 33.2 | 49.4 | 35.4 | -3.3% |
| Total | 78.4 | 66.4 | 95.3 | 70.8 | -3.3% |
Top Suppliers of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing to Colombia in 2022:
- United States (4.5 tons)
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