Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Italy - 2024
Contents:
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Italy (FOB) - 2024
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Italy (CIF) - 2022
- Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Italy
- Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Italy
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Italy (FOB) - 2024
In September 2023, the average export price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $5,630 per ton, standing approximately at the previous month. Over the last six months, it increased at an average monthly rate of +1.9%. The growth pace was the most rapid in May 2023 when the average export price increased by 28% against the previous month. Over the period under review, the average export prices attained the maximum at $5,683 per ton in June 2023; however, from July 2023 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Egypt ($7,608 per ton), while the average price for exports to Turkey ($4,767 per ton) was amongst the lowest.
From March 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+22.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Italy (CIF) - 2022
The average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $3,535 per ton in 2022, falling by -3.9% against the previous year. Over the period under review, the import price saw a slight descent. The pace of growth appeared the most rapid in 2021 when the average import price increased by 20% against the previous year. The import price peaked at $3,908 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,480 per ton), while the price for France ($2,974 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Italy
Exports of seed; lucerne (alfalfa) seed, of a kind used for sowings from Italy shrank modestly to 14K tons in 2022, flattening at the previous year. Over the period under review, exports showed a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 33% against the previous year.
In value terms, exports of seed; lucerne (alfalfa) seed, of a kind used for sowings skyrocketed to $58M in 2022. Overall, total exports indicated a notable increase from 2019 to 2022: its value increased at an average annual rate of +3.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 48%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in years to come.
| Export of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 3.3 | 4.8 | 7.9 | 8.2 | 35.4% |
| France | 3.5 | 4.6 | 6.5 | 7.5 | 28.9% |
| Germany | 2.7 | 3.7 | 4.4 | 6.8 | 36.1% |
| Saudi Arabia | 0.1 | 0.2 | 0.2 | 5.7 | 284.9% |
| Hungary | 0.4 | 0.7 | 2.6 | 5.1 | 133.6% |
| Greece | 1.3 | 1.0 | 1.6 | 2.3 | 20.9% |
| Spain | 0.7 | 1.3 | 1.0 | 2.2 | 46.5% |
| Belarus | 1.3 | 2.7 | 2.1 | 1.9 | 13.5% |
| Turkey | 4.0 | 1.8 | 3.1 | 1.5 | -27.9% |
| Poland | 0.5 | 0.6 | 0.9 | 1.3 | 37.5% |
| Austria | 1.5 | 0.8 | 0.9 | 1.2 | -7.2% |
| China | 0.1 | 0.6 | 5.1 | 0.9 | 108.0% |
| Switzerland | 0.4 | 0.5 | 0.6 | 0.7 | 20.5% |
| Others | 33.1 | 10.1 | 12.4 | 12.9 | -27.0% |
| Total | 52.7 | 33.3 | 49.3 | 58.3 | 3.4% |
Top Export Markets for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing from Italy in 2022:
- Romania (2121.8 tons)
- France (1830.5 tons)
- Germany (1568.7 tons)
- Hungary (1239.5 tons)
- Saudi Arabia (1001.7 tons)
- Greece (537.2 tons)
- Spain (525.6 tons)
- Belarus (523.0 tons)
- Poland (336.7 tons)
- Turkey (330.3 tons)
- Switzerland (293.3 tons)
- Austria (272.9 tons)
- China (237.3 tons)
Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Italy
In 2022, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings into Italy shrank slightly to 1.9K tons, dropping by -3.3% compared with 2021. In general, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 3.4%.
In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings contracted to $6.7M in 2022. Overall, imports saw a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year.
| Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 2,404 | 1,999 | 3,228 | 1,591 | -12.9% |
| Poland | N/A | 57.4 | 941 | 1,570 | 423.0% |
| Serbia | 423 | 451 | 757 | 1,355 | 47.4% |
| India | N/A | N/A | N/A | 401 | 0% |
| Bulgaria | N/A | 111 | N/A | 336 | 74.0% |
| Spain | 3.3 | 19.8 | 587 | 310 | 354.6% |
| Australia | 609 | 756 | 72.5 | 214 | -29.4% |
| Turkey | N/A | N/A | N/A | 179 | 0% |
| Pakistan | N/A | N/A | 175 | 158 | -9.7% |
| United States | 1,055 | 1,320 | 748 | 134 | -49.7% |
| Canada | 91.5 | 359 | 192 | 82.6 | -3.4% |
| Romania | 146 | 226 | 80.3 | 56.9 | -27.0% |
| Hungary | 452 | 12.7 | 89.9 | 0.4 | -90.4% |
| Others | 5,767 | 507 | 345 | 317 | -62.0% |
| Total | 10,952 | 5,818 | 7,215 | 6,702 | -15.1% |
Top Suppliers of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing to Italy in 2022:
- France (534.9 tons)
- Poland (424.0 tons)
- Serbia (348.6 tons)
- India (119.8 tons)
- Bulgaria (92.3 tons)
- Spain (89.6 tons)
- Australia (51.9 tons)
- Turkey (47.9 tons)
- Pakistan (47.1 tons)
- United States (30.0 tons)
- Canada (20.0 tons)
- Romania (19.0 tons)
- Hungary (0.1 tons)
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