Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Germany - 2024
Contents:
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Germany (CIF) - 2024
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Germany (FOB) - 2024
- Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Germany
- Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Germany
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Germany (CIF) - 2024
In September 2023, the average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $5,660 per ton, dropping by -10.8% against the previous month. Over the last six-month period, it increased at an average monthly rate of +4.2%. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 14% month-to-month. As a result, import price reached the peak level of $6,342 per ton, and then contracted in the following month.
As there is only one major supplying country, 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 Poland amounted to +16.2% per month.
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Germany (FOB) - 2024
In September 2023, the average export price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $5,964 per ton, picking up by 4.8% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 an increase of 6.7% month-to-month. Over the period under review, the average export prices hit record highs at $6,130 per ton in July 2023; however, from August 2023 to September 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In September 2023, the country with the highest price was the UK ($6,541 per ton), while the average price for exports to Belarus totaled $5,959 per ton.
From March 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Germany
After two years of decline, overseas purchases of seed; lucerne (alfalfa) seed, of a kind used for sowings increased by 36% to 3.1K tons in 2022. In general, imports, however, saw a deep reduction.
In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings soared to $13M in 2022. Over the period under review, imports, however, recorded a drastic downturn.
| Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2.4 | 5.1 | 4.7 | 5.8 | 34.2% |
| Netherlands | 0.8 | 0.3 | 0.3 | 3.5 | 63.6% |
| France | 2.4 | 1.7 | 1.8 | 1.2 | -20.6% |
| Canada | 0.4 | 0.1 | 0.1 | 0.5 | 7.7% |
| Hungary | 1.1 | 0.6 | 0.5 | 0.5 | -23.1% |
| Spain | N/A | N/A | 0.1 | 0.5 | 400.0% |
| Poland | 0.2 | 0.6 | 0.7 | 0.3 | 14.5% |
| Serbia | 0.2 | 0.3 | 0.1 | N/A | -29.3% |
| Others | 8.5 | 0.5 | 0.5 | 0.4 | -63.9% |
| Total | 15.9 | 9.2 | 8.9 | 12.7 | -7.2% |
Top Suppliers of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing to Germany in 2022:
- Italy (1356.0 tons)
- Netherlands (941.9 tons)
- France (290.4 tons)
- Hungary (148.2 tons)
- Spain (120.4 tons)
- Canada (101.3 tons)
- Poland (73.3 tons)
- Serbia (7.3 tons)
Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Germany
In 2022, after two years of decline, there was significant growth in overseas shipments of seed; lucerne (alfalfa) seed, of a kind used for sowings, when their volume increased by 20% to 2.3K tons. Overall, exports, however, continue to indicate a drastic downturn.
In value terms, exports of seed; lucerne (alfalfa) seed, of a kind used for sowings surged to $11M in 2022. In general, exports, however, continue to indicate a deep reduction.
| Export of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 2,806 | 2,790 | 1,880 | 2,509 | -3.7% |
| Russia | 650 | 1,511 | 1,724 | 2,183 | 49.8% |
| France | 474 | 384 | 321 | 1,272 | 39.0% |
| Hungary | 124 | 115 | 233 | 1,144 | 109.7% |
| Czech Republic | 139 | 478 | 732 | 797 | 79.0% |
| United Kingdom | 52.7 | 69.5 | 250 | 472 | 107.7% |
| Romania | 12.1 | 79.0 | 270 | 390 | 218.2% |
| Poland | 560 | 547 | 378 | 335 | -15.7% |
| Austria | 648 | 596 | 276 | 291 | -23.4% |
| Lithuania | N/A | N/A | N/A | 243 | 0% |
| Croatia | 72.9 | 180 | 348 | 211 | 42.5% |
| Kazakhstan | 131 | 21.3 | 165 | 200 | 15.1% |
| Netherlands | 251 | 222 | 107 | 140 | -17.7% |
| Others | 7,591 | 1,059 | 1,195 | 778 | -53.2% |
| Total | 13,510 | 8,053 | 7,878 | 10,965 | -6.7% |
Top Export Markets for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing from Germany in 2022:
- Belarus (576.8 tons)
- Russia (459.7 tons)
- France (241.4 tons)
- Hungary (229.2 tons)
- Czech Republic (158.6 tons)
- Romania (98.0 tons)
- Poland (78.0 tons)
- United Kingdom (75.6 tons)
- Austria (67.5 tons)
- Lithuania (48.0 tons)
- Croatia (47.8 tons)
- Kazakhstan (45.0 tons)
- Netherlands (24.9 tons)
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