Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Ghana - 2023

Contents:

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

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

In 2022, the average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $2,540 per ton, surging by 33% against the previous year. Over the period under review, the import price, however, saw a deep setback. The pace of growth was the most pronounced in 2020 an increase of 288%. The import price peaked at $11,403 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($6,486 per ton), while the price for South Africa ($984 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 (+3.7%).

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

In 2022, the amount of seed; lucerne (alfalfa) seed, of a kind used for sowings imported into Ghana skyrocketed to 808 kg, increasing by 308% on 2021 figures. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 466%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings skyrocketed to $2.1K in 2022. In general, imports recorded a significant expansion. 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 Ghana (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States60.01431391,148167.5%
South Africa2.018.019.0308436.0%
KenyaN/AN/AN/A2980%
SpainN/AN/A40.0N/A0%
United Kingdom7.0N/AN/AN/A0%
Others1.0N/A179298567.9%
Total70.01613772,052208.3%

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

  1. South Africa (313.0 kg)
  2. United States (177.0 kg)
  3. Kenya (159.0 kg)

Source: IndexBox Market Intelligence Platform

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