Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Japan - 2024
Contents:
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Japan (CIF) - 2022
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Japan (FOB) - 2022
- Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Japan
- Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Japan
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Japan (CIF) - 2022
The average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $6,997 per ton in 2022, picking up by 16% against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. The pace of growth was the most pronounced in 2016 an increase of 17% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.
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 Australia ($8,844 per ton), while the price for Italy ($5,339 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+6.9%), 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 Japan (FOB) - 2022
In 2022, the average export price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $124,831 per ton, picking up by 343% against the previous year. In general, the export price saw significant growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 599%. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($137,744 per ton), while the average price for exports to France stood at $71,344 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+30.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Japan
For the third year in a row, Japan recorded decline in purchases abroad of seed; lucerne (alfalfa) seed, of a kind used for sowings, which decreased by -4% to 65 tons in 2022. Over the period under review, imports continue to indicate a sharp decline.
In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings rose rapidly to $455K in 2022. Overall, imports saw a sharp shrinkage.
| Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 119 | 13.6 | 22.6 | 138 | 5.1% |
| Italy | 441 | 326 | 181 | 80.1 | -43.4% |
| Australia | 9.6 | N/A | N/A | 8.8 | -2.9% |
| Others | 569 | 339 | 204 | 227 | -26.4% |
| Total | 1,138 | 678 | 407 | 455 | -26.3% |
Top Suppliers of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing to Japan in 2022:
- France (16.5 tons)
- Italy (15.0 tons)
- Australia (1.0 tons)
Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Japan
In 2022, after two years of growth, there was significant decline in shipments abroad of seed; lucerne (alfalfa) seed, of a kind used for sowings, when their volume decreased by -75% to 320 kg. In general, exports showed a dramatic slump. The most prominent rate of growth was recorded in 2021 when exports increased by 24%. As a result, the exports reached the peak of 1.3 tons, and then shrank sharply in the following year.
In value terms, exports of seed; lucerne (alfalfa) seed, of a kind used for sowings rose remarkably to $40K in 2022. Overall, exports saw a abrupt setback.
| Export of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Japan (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
| New Zealand | N/A | N/A | 35.5 | 0% |
| France | 45.5 | 25.7 | 4.4 | -68.9% |
| United States | 5.7 | 10.4 | N/A | 82.5% |
| Others | N/A | N/A | 0.1 | 0% |
| Total | 51.2 | 36.1 | 39.9 | -11.7% |
Top Export Markets for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing from Japan in 2022:
- New Zealand (258.0 kg)
- France (61.0 kg)
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