Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Finland - 2023
Contents:
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Finland (CIF) - 2022
- Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Finland
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Finland (CIF) - 2022
The average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $5,090 per ton in 2022, surging by 8.8% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average import price increased by 19% against the previous year. As a result, import price attained the peak level of $5,919 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Lithuania ($6,336 per ton) and Estonia ($5,256 per ton), while the price for Denmark ($4,388 per ton) and Germany ($4,713 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+20.5%), 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 Finland
In 2022, approx. 84 tons of seed; lucerne (alfalfa) seed, of a kind used for sowings were imported into Finland; increasing by 88% on 2021 figures. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings skyrocketed to $430K in 2022. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | N/A | 22.1 | 24.7 | 144 | 155.3% |
| Germany | N/A | 27.5 | 48.2 | 128 | 115.7% |
| Denmark | 88.9 | 88.9 | 77.5 | 115 | 9.0% |
| Estonia | N/A | 55.5 | 22.9 | 31.1 | -25.1% |
| France | 8.1 | 43.4 | N/A | 9.7 | 6.2% |
| Netherlands | N/A | 35.7 | 16.0 | N/A | -55.2% |
| Canada | 18.3 | N/A | N/A | N/A | 0% |
| Others | 119 | N/A | 21.3 | 1.5 | -76.7% |
| Total | 234 | 273 | 211 | 430 | 22.5% |
Top Suppliers of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing to Finland in 2022:
- Germany (27.1 tons)
- Denmark (26.3 tons)
- Lithuania (22.8 tons)
- Estonia (5.9 tons)
- France (2.0 tons)
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