Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Estonia - 2024
Contents:
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Estonia (CIF) - 2022
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Estonia (FOB) - 2022
- Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Estonia
- Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Estonia
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Estonia (CIF) - 2022
The average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $4,706 per ton in 2022, rising by 9.8% against the previous year. Over the period under review, the import price, however, continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2020 an increase of 11% against the previous year. The import price peaked at $5,542 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 highest price was recorded for prices from the Netherlands ($6,175 per ton) and Lithuania ($5,173 per ton), while the price for Italy ($4,384 per ton) and Latvia ($4,534 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.0%), 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 Estonia (FOB) - 2022
In 2022, the average export price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $5,575 per ton, dropping by -19.2% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 33%. As a result, the export price attained the peak level of $6,896 per ton, and then reduced sharply in the following year.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($5,943 per ton), while the average price for exports to Latvia totaled $5,265 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+4.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Estonia
In 2022, the amount of seed; lucerne (alfalfa) seed, of a kind used for sowings imported into Estonia expanded significantly to 84 tons, with an increase of 6.2% compared with the year before. Over the period under review, imports, however, recorded a perceptible setback. The most prominent rate of growth was recorded in 2021 with an increase of 33%.
In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings surged to $396K in 2022. In general, total imports indicated a temperate increase from 2019 to 2022: its value increased at an average annual rate of +4.7% 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 +61.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 39% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.
| Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 66.7 | 36.1 | 90.8 | 195 | 43.0% |
| Netherlands | N/A | 39.6 | 72.1 | 63.1 | 26.2% |
| France | 38.9 | 0.2 | 67.8 | 61.4 | 16.4% |
| Denmark | 39.0 | 55.2 | 66.2 | 39.8 | 0.7% |
| Latvia | 10.7 | N/A | 22.7 | 36.3 | 50.3% |
| Lithuania | N/A | 35.5 | 20.2 | 0.9 | -84.1% |
| Germany | 17.3 | 78.7 | N/A | N/A | 354.9% |
| Others | 173 | 0.2 | N/A | N/A | -99.9% |
| Total | 345 | 245 | 340 | 396 | 4.7% |
Top Suppliers of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing to Estonia in 2022:
- Italy (44.4 tons)
- France (13.5 tons)
- Netherlands (10.2 tons)
- Latvia (8.0 tons)
- Denmark (7.9 tons)
- Lithuania (0.2 tons)
Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Estonia
For the third year in a row, Estonia recorded decline in overseas shipments of seed; lucerne (alfalfa) seed, of a kind used for sowings, which decreased by -45.5% to 1.4 tons in 2022. Overall, exports faced a precipitous decline.
In value terms, exports of seed; lucerne (alfalfa) seed, of a kind used for sowings fell sharply to $8K in 2022. In general, exports showed a precipitous decrease. The smallest decline of -31.5% was in 2021.
| Export of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 4.3 | 0.5 | 0.8 | 4.1 | -1.6% |
| Finland | 7.2 | 25.4 | 17.3 | 3.9 | -18.5% |
| Germany | 23.7 | N/A | N/A | N/A | 0% |
| Lithuania | 1.4 | 0.5 | N/A | N/A | -64.3% |
| Others | 36.6 | N/A | N/A | N/A | 0% |
| Total | 73.1 | 26.4 | 18.1 | 8.0 | -52.2% |
Top Export Markets for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing from Estonia in 2022:
- Latvia (775.0 kg)
- Finland (652.0 kg)
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