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

Contents:

  1. Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Ethiopia (CIF) - 2022
  2. Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Ethiopia

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

The average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $5,556 per ton in 2022, growing by 19% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 50% against the previous year. The import price peaked at $8,942 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($10,970 per ton), while the price for Italy ($3,161 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+614.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of seed; lucerne (alfalfa) seed, of a kind used for sowings imported into Ethiopia skyrocketed to 5 tons, growing by 45% against the previous year's figure. In general, imports, however, saw a dramatic downturn.

In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings soared to $28K in 2022. Overall, imports, however, saw a dramatic decline.

Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia36.05.25.39.6-35.6%
United States10.23.54.85.8-17.2%
South AfricaN/A0.2N/A0.8100.0%
Italy2.60.20.40.4-46.4%
Netherlands1.70.20.20.2-51.0%
Others11.9N/A5.310.8-3.2%
Total62.39.416.127.5-23.9%

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

  1. Australia (1880.0 kg)
  2. United States (526.0 kg)
  3. Italy (118.0 kg)
  4. South Africa (87.0 kg)
  5. Netherlands (26.0 kg)

Source: IndexBox Market Intelligence Platform

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