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

Contents:

  1. Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in France (FOB) - 2024
  2. Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in France (CIF) - 2024
  3. Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in France
  4. Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in France

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

The average export price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $4,364 per ton in September 2023, shrinking by -17.2% against the previous month. In general, the export price saw a slight setback. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 36% against the previous month. The export price peaked at $5,282 per ton in May 2023; however, from June 2023 to September 2023, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Switzerland.

From March 2023 to September 2023, the rate of growth in terms of prices for Belgium amounted to +26.6% per month.

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

In August 2023, the average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $5,590 per ton, with an increase of 12% against the previous month. Over the last six-month period, it increased at an average monthly rate of +4.9%. The most prominent rate of growth was recorded in March 2023 an increase of 20% month-to-month. The import price peaked at $5,642 per ton in April 2023; afterwards, it flattened through to August 2023.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Hungary ($9,944 per ton), while the price for Germany ($4,610 per ton) was amongst the lowest.

From February 2023 to August 2023, the most notable rate of growth in terms of prices was attained by Hungary (+39.2%), 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 France

In 2022, approx. 2.5K tons of seed; lucerne (alfalfa) seed, of a kind used for sowings were exported from France; waning by -36.8% compared with the previous year's figure. Overall, exports continue to indicate a dramatic decline. The growth pace was the most rapid in 2021 with an increase of 2.7% against the previous year.

In value terms, exports of seed; lucerne (alfalfa) seed, of a kind used for sowings dropped markedly to $11M in 2022. Over the period under review, exports saw a precipitous setback. The most prominent rate of growth was recorded in 2021 when exports increased by 9.8%.

Export of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania9791,0911,2731,49015.0%
Germany2,0541,5711,7561,317-13.8%
Italy2,1812,0152,7171,189-18.3%
Netherlands1,7277921,309956-17.9%
Spain881615588878-0.1%
Russia915648454771-5.5%
Denmark1,3271,1451,402672-20.3%
Algeria97.825049235954.3%
Belgium25244044735912.5%
Sweden2925243863021.1%
Czech Republic2663394522872.6%
Lithuania285309347214-9.1%
New Caledonia68.855.268.880.45.3%
Others15,8842,7432,0731,704-52.5%
Total27,20912,53613,76410,578-27.0%

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

  1. Italy (299.4 tons)
  2. Germany (292.5 tons)
  3. Romania (262.3 tons)
  4. Netherlands (246.1 tons)
  5. Denmark (190.5 tons)
  6. Spain (168.0 tons)
  7. New Caledonia (140.9 tons)
  8. Russia (109.1 tons)
  9. Belgium (102.1 tons)
  10. Algeria (82.1 tons)
  11. Czech Republic (70.2 tons)
  12. Sweden (64.8 tons)
  13. Lithuania (54.3 tons)

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

In 2022, approx. 2.1K tons of seed; lucerne (alfalfa) seed, of a kind used for sowings were imported into France; growing by 26% compared with 2021 figures. Overall, imports, however, continue to indicate a significant contraction.

In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings soared to $9M in 2022. In general, imports, however, saw a relatively flat trend pattern.

Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy2,3413,5065,7206,80442.7%
Germany4423442171,09135.1%
Spain39729960.04403.5%
Netherlands189223162139-9.7%
Romania40833737.8133-31.2%
SerbiaN/AN/A96.812933.3%
Hungary22350.254.883.8-27.8%
Others5,135233332205-65.8%
Total9,1354,9926,6819,025-0.4%

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

  1. Italy (1556.5 tons)
  2. Germany (202.9 tons)
  3. Spain (124.4 tons)
  4. Romania (107.4 tons)
  5. Serbia (36.9 tons)
  6. Hungary (36.2 tons)
  7. Netherlands (23.9 tons)

Source: IndexBox Market Intelligence Platform

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