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

Contents:

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

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

In 2022, the average export price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $4,429 per ton, rising by 5.2% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average export price increased by 251%. The export price peaked at $4,770 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to India ($4,429 per ton) and the United States ($4,429 per ton), while the average price for exports to Italy ($4,429 per ton) and Iraq ($4,429 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $4,396 per ton in 2022, with an increase of 13% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 93% against the previous year. Over the period under review, average import prices hit record highs at $8,360 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($4,405 per ton) and Australia ($4,396 per ton), while the price for Pakistan ($4,396 per ton) and the United States ($4,396 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of seed; lucerne (alfalfa) seed, of a kind used for sowings from Egypt soared to 11K tons in 2022, with an increase of 27% on the year before. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 29% against the previous year. As a result, the exports attained the peak of 14K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of seed; lucerne (alfalfa) seed, of a kind used for sowings surged to $49M in 2022. The total export value increased at an average annual rate of +7.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years.

Export of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Pakistan11.414.310.411.91.4%
India6.69.75.69.713.7%
IraqN/A0.10.60.8182.8%
United States0.30.40.20.410.1%
Bulgaria0.30.91.00.1-30.7%
Others21.227.318.926.07.0%
Total39.852.736.749.07.2%

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

  1. Pakistan (2.7K tons)
  2. India (2.2K tons)
  3. Iraq (0.2K tons)
  4. United States (0.1K tons)

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

After two years of decline, supplies from abroad of seed; lucerne (alfalfa) seed, of a kind used for sowings increased by 96% to 1.4K tons in 2022. In general, imports, however, faced a abrupt shrinkage.

In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings soared to $6.1M in 2022. Over the period under review, imports, however, recorded a abrupt curtailment.

Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,6829577451,8853.9%
PakistanN/AN/AN/A6350%
Australia4354046325155.8%
Spain333N/AN/AN/A0%
Thailand558N/AN/AN/A0%
Chile17965.2N/AN/A-63.6%
Netherlands338N/AN/AN/A0%
Others3,9511,4781,3773,037-8.4%
Total7,4752,9042,7546,072-6.7%

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

  1. United States (428.7 tons)
  2. Pakistan (144.5 tons)
  3. Australia (117.2 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Seed; lucerne (alfalfa) seed, of a kind used for sowing - Egypt