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

Contents:

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

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

In 2022, the average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $4,037 per ton, jumping by 33% against the previous year. In general, the import price recorded a noticeable increase. The growth pace was the most rapid in 2015 an increase of 43% against the previous year. Over the period under review, average import prices hit record highs at $6,085 per ton in 2017; however, from 2018 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 Arab Emirates ($12,042 per ton), while the price for India ($1,664 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+23.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $1,096 per ton, declining by -66.5% against the previous year. Overall, the export price continues to indicate a deep setback. The pace of growth was the most pronounced in 2020 an increase of 180%. Over the period under review, the average export prices hit record highs at $3,557 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($6,580 per ton), while the average price for exports to Pakistan amounted to $824 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+9.1%), 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 Iran

After two years of decline, supplies from abroad of seed; lucerne (alfalfa) seed, of a kind used for sowings increased by 12% to 30 tons in 2022. In general, imports, however, faced a precipitous descent.

In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings soared to $121K in 2022. Over the period under review, imports, however, faced a deep contraction.

Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates20.228.025.828.512.2%
Italy11.243.12.514.28.2%
Afghanistan39.16.46.812.8-31.1%
Greece13.96.24.37.7-17.9%
Turkey13.38.02.45.9-23.7%
India29.32.01.41.6-62.1%
Others98.771.337.650.4-20.1%
Total22616580.9121-18.8%

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

  1. Afghanistan (7.5 tons)
  2. Turkey (2.9 tons)
  3. United Arab Emirates (2.4 tons)
  4. Italy (2.2 tons)
  5. Greece (1.7 tons)
  6. India (1.0 tons)

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

In 2022, shipments abroad of seed; lucerne (alfalfa) seed, of a kind used for sowings was finally on the rise to reach 44 tons after two years of decline. Overall, exports recorded a strong expansion. As a result, the exports reached 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 contracted dramatically to $48K in 2022. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 112% against the previous year.

Export of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Pakistan16.113.54.834.228.5%
Qatar5.020.915.913.539.2%
GreeceN/AN/A37.8N/A0%
Others5.020.9N/AN/A318.0%
Total26.155.358.647.722.3%

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

  1. Pakistan (41.5 tons)
  2. Qatar (2.1 tons)

Source: IndexBox Market Intelligence Platform

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