Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Costa Rica - 2022
Contents:
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Costa Rica (CIF) - 2022
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Costa Rica (FOB) - 2022
- Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Costa Rica
- Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Costa Rica
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Costa Rica (CIF) - 2022
The average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $8,015 per ton in 2022, shrinking by -12.1% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 33% against the previous year. Over the period under review, average import prices hit record highs at $11,520 per ton in 2015; however, from 2016 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 country with the highest price was Italy ($10,012 per ton), while the price for the United States totaled $7,658 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.7%).
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Costa Rica (FOB) - 2022
The average export price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $5,266 per ton in 2022, therefore, remained relatively stable against the previous year. In general, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for seed; lucerne (alfalfa) seed, of a kind used for sowings increased by +9.0% against 2019 indices. The pace of growth appeared the most rapid in 2016 an increase of 69% against the previous year. Over the period under review, the average export prices reached the peak figure at $7,126 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, 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 the United States amounted to +2.6% per year.
Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Costa Rica
In 2022, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings into Costa Rica contracted to 4.9 tons, declining by -7.2% compared with 2021. In general, imports showed a pronounced decline. The most prominent rate of growth was recorded in 2021 with an increase of 6.2%.
In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings shrank sharply to $39K in 2022. Over the period under review, imports recorded a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 33%. As a result, imports reached the peak of $48K, and then shrank sharply in the following year.
| Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 14.2 | 14.6 | 20.3 | 16.0 | 4.1% |
| Italy | 8.8 | 7.2 | 7.6 | 7.5 | -5.2% |
| Others | 23.0 | 14.6 | 20.3 | 16.0 | -11.4% |
| Total | 46.0 | 36.4 | 48.2 | 39.4 | -5.0% |
Top Suppliers of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing to Costa Rica in 2022:
- United States (2.1 tons)
- Italy (0.7 tons)
Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Costa Rica
For the third consecutive year, Costa Rica recorded decline in shipments abroad of seed; lucerne (alfalfa) seed, of a kind used for sowings, which decreased by -18.8% to 372 kg in 2022. Overall, exports recorded a sharp decline.
In value terms, exports of seed; lucerne (alfalfa) seed, of a kind used for sowings reduced dramatically to $2K in 2022. Over the period under review, exports continue to indicate a sharp reduction.
| Export of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.7 | 2.9 | 2.4 | 2.0 | -33.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.7 | 2.9 | 2.4 | 2.0 | -33.2% |
Top Export Markets for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing from Costa Rica in 2022:
- United States (372.0 kg)
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