Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in India - 2024
Contents:
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in India (CIF) - 2022
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in India (FOB) - 2022
- Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in India
- Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in India
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in India (CIF) - 2022
In 2022, the average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $4,430 per ton, growing by 5.5% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 60%. The import price peaked at $4,758 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Egypt.
From 2012 to 2022, the rate of growth in terms of prices for Egypt amounted to +0.9% per year.
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in India (FOB) - 2022
In 2022, the average export price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $2,985 per ton, falling by -11.1% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 51%. The export price peaked at $4,231 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($3,141 per ton), while the average price for exports to South Africa ($1,793 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 Iran (+15.0%), 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 India
In 2022, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings into India soared to 2.2K tons, jumping by 61% compared with the previous year. Over the period under review, total imports indicated moderate growth from 2019 to 2022: its volume increased at an average annual rate of +4.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -17.9% against 2020 indices.
In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings surged to $9.7M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -0.1% against 2020 indices.
| Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 6.6 | 9.7 | 5.6 | 9.7 | 13.7% |
| Others | 0.1 | N/A | 0.2 | N/A | 41.4% |
| Total | 6.7 | 9.8 | 5.7 | 9.7 | 13.1% |
Top Suppliers of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing to India in 2022:
- Egypt (2.2K tons)
Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in India
After two years of decline, overseas shipments of seed; lucerne (alfalfa) seed, of a kind used for sowings increased by 182% to 1.1K tons in 2022. In general, exports recorded strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of seed; lucerne (alfalfa) seed, of a kind used for sowings soared to $3.2M in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | 167 | 218 | 601 | 697 | 61.0% |
| Poland | N/A | N/A | N/A | 437 | 0% |
| Italy | N/A | N/A | N/A | 358 | 0% |
| South Africa | N/A | N/A | N/A | 45.0 | 0% |
| Afghanistan | 86.3 | 48.6 | N/A | 12.3 | -47.8% |
| United Arab Emirates | 211 | 375 | 0.8 | 5.7 | -70.0% |
| Iran | 308 | 23.3 | N/A | N/A | -92.4% |
| Others | 987 | 675 | 657 | 1,602 | 17.5% |
| Total | 1,760 | 1,340 | 1,259 | 3,157 | 21.5% |
Top Export Markets for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing from India in 2022:
- Iraq (222.0 tons)
- Poland (144.7 tons)
- Italy (120.6 tons)
- South Africa (25.1 tons)
- Afghanistan (5.0 tons)
- United Arab Emirates (1.9 tons)
508
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This report provides an in-depth analysis of the global market for tree, flower and other seeds, fruits and spores for sowing.
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