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

Contents:

  1. Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Greece (CIF) - 2024
  2. Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Greece (FOB) - 2022
  3. Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Greece
  4. Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Greece

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

The average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $637 per ton in September 2023, increasing by 120% against the previous month. Over the period under review, the import price, however, showed a dramatic setback. Over the period under review, average import prices hit record highs at $2,872 per ton in March 2023; however, from April 2023 to September 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($2,278 per ton), while the price for Bulgaria ($277 per ton) was amongst the lowest.

From March 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Turkey (+1.5%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $3,717 per ton, declining by -6.1% against the previous year. Overall, the export price, however, posted measured growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 424%. As a result, the export price reached the peak level of $7,437 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Algeria ($5,826 per ton), while the average price for exports to Germany ($478 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+1.3%), while the prices for the other major destinations experienced a decline.

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

Imports of seed; lucerne (alfalfa) seed, of a kind used for sowings into Greece surged to 3.9K tons in 2022, with an increase of 100% against the year before. Overall, imports recorded a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 272%. Over the period under review, imports of hit record highs 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 surged to $3.2M in 2022. In general, imports showed prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 162% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1,0837941,6291,47410.8%
RomaniaN/AN/A234577146.6%
TurkeyN/A60.2394483183.3%
Bulgaria52.736.120920056.0%
Others1,17180.674.1448-27.4%
Total2,3079712,5413,18211.3%

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

  1. Romania (2348.3 tons)
  2. Bulgaria (818.9 tons)
  3. Italy (416.4 tons)
  4. Turkey (135.0 tons)

Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Greece

In 2022, approx. 167 tons of seed; lucerne (alfalfa) seed, of a kind used for sowings were exported from Greece; declining by -37.4% on 2021. In general, exports recorded a dramatic decrease. The pace of growth appeared the most rapid in 2021 with an increase of 25%.

In value terms, exports of seed; lucerne (alfalfa) seed, of a kind used for sowings fell sharply to $623K in 2022. Overall, exports faced a dramatic contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 26%.

Export of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey484400465359-9.5%
IranN/A72.073.711928.6%
AlgeriaN/AN/AN/A1170%
MoldovaN/AN/A0.211.65700.0%
GermanyN/AN/AN/A7.70%
Cyprus24.3N/A22.91.5-60.5%
Italy104287254N/A56.3%
South AfricaN/A72.165.9N/A-8.6%
Albania44.8N/A127N/A68.4%
Others7146.150.17.6-78.0%
Total1,3718381,059623-23.1%

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

  1. Turkey (96.4 tons)
  2. Iran (30.0 tons)
  3. Algeria (20.0 tons)
  4. Germany (16.1 tons)
  5. Moldova (3.0 tons)
  6. Cyprus (0.3 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Seed; lucerne (alfalfa) seed, of a kind used for sowing - Greece