Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Ireland - 2024
Contents:
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Ireland (CIF) - 2022
- Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Ireland
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Ireland (CIF) - 2022
In 2022, the average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $4,587 per ton, with a decrease of -7.7% against the previous year. Over the period under review, the import price, however, recorded a remarkable increase. The pace of growth was the most pronounced in 2017 when the average import price increased by 207% against the previous year. As a result, import price attained the peak level of $9,226 per ton. From 2018 to 2022, the average 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 UK ($5,597 per ton), while the price for the Netherlands ($3,193 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Ireland
In 2022, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings into Ireland soared to 9.9 tons, growing by 366% against the year before. Overall, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings soared to $46K in 2022. In general, imports enjoyed 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 Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 27.3 | 0% |
| Denmark | N/A | N/A | 4.7 | 8.9 | 89.4% |
| Netherlands | 0.7 | N/A | 1.8 | 8.7 | 131.6% |
| United Kingdom | 3.8 | 8.7 | 3.9 | 0.7 | -43.1% |
| Others | 4.5 | N/A | 0.1 | 0.1 | -71.9% |
| Total | 8.9 | 8.7 | 10.6 | 45.6 | 72.4% |
Top Suppliers of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing to Ireland in 2022:
- Germany (5.1 tons)
- Netherlands (2.7 tons)
- Denmark (2.0 tons)
- United Kingdom (0.1 tons)
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