Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Kazakhstan - 2024

Contents:

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

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

The average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $3,900 per ton in 2022, rising by 16% against the previous year. In general, the import price, however, showed a perceptible reduction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 40%. The import price peaked at $5,870 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Russia ($5,743 per ton), while the price for Kyrgyzstan ($286 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $3,531 per ton in 2022, picking up by 14% against the previous year. In general, the export price saw a pronounced increase. The pace of growth appeared the most rapid in 2019 an increase of 67%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.

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 Russia ($3,707 per ton), while the average price for exports to Kyrgyzstan stood at $793 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+3.9%), while the prices for the other major destinations experienced a decline.

Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Kazakhstan

In 2022, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings into Kazakhstan contracted to 956 tons, with a decrease of -13.7% against 2021 figures. Overall, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 195%. As a result, imports attained the peak of 1.1K tons, and then reduced in the following year.

In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings shrank to $3.7M in 2022. In general, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 193% against the previous year. As a result, imports attained the peak of $3.7M, leveling off in the following year.

Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy3134951,3671,05650.0%
Russia11258.020029838.6%
TurkeyN/A3.048.9264838.1%
Germany135N/A1661759.0%
KyrgyzstanN/A0.312.14.3278.6%
AzerbaijanN/AN/A24.2N/A0%
Others6127181,9121,93046.6%
Total1,1711,2743,7293,72747.1%

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

  1. Italy (255.8 tons)
  2. Turkey (102.0 tons)
  3. Russia (51.8 tons)
  4. Germany (40.0 tons)
  5. Kyrgyzstan (15.2 tons)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of seed; lucerne (alfalfa) seed, of a kind used for sowings, when their volume decreased by -45% to 132 tons. In general, exports, however, showed slight growth. The pace of growth was the most pronounced in 2020 when exports increased by 51%.

In value terms, exports of seed; lucerne (alfalfa) seed, of a kind used for sowings reduced notably to $466K in 2022. Overall, exports, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2020 when exports increased by 47%.

Export of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia16422537123011.9%
KyrgyzstanN/AN/AN/A3.20%
Uzbekistan7.47.0N/AN/A-5.4%
AzerbaijanN/A15.0N/AN/A0%
Others17125837123310.9%
Total34350574246610.8%

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

  1. Russia (62.0 tons)
  2. Kyrgyzstan (4.0 tons)

Source: IndexBox Market Intelligence Platform

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