Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Ecuador - 2022
Contents:
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Ecuador (CIF) - 2022
- Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Ecuador
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Ecuador (CIF) - 2022
In 2022, the average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $5,542 per ton, rising by 7% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for seed; lucerne (alfalfa) seed, of a kind used for sowings decreased by -4.4% against 2020 indices. The most prominent rate of growth was recorded in 2015 an increase of 43% against the previous year. Over the period under review, average import prices attained the maximum at $6,435 per ton in 2017; however, from 2018 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 Chile ($7,063 per ton), while the price for the United States amounted to $5,522 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+5.0%).
Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Ecuador
In 2022, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings into Ecuador plummeted to 108 tons, which is down by -59.1% on the year before. In general, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 187% against the previous year. As a result, imports attained the peak of 265 tons, and then fell sharply in the following year.
In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings contracted dramatically to $599K in 2022. Overall, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 156%. As a result, imports reached the peak of $1.4M, and then fell significantly in the following year.
| Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 482 | 227 | 679 | 295 | -15.1% |
| Chile | 13.1 | 8.1 | 11.1 | 10.1 | -8.3% |
| Australia | 0.3 | 36.2 | N/A | N/A | 11966.7% |
| Others | 483 | 263 | 679 | 295 | -15.2% |
| Total | 978 | 535 | 1,370 | 599 | -15.1% |
Top Suppliers of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing to Ecuador in 2022:
- United States (53.3 tons)
- Chile (1.4 tons)
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