Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Kenya - 2023
Contents:
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Kenya (CIF) - 2022
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Kenya (FOB) - 2022
- Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Kenya
- Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Kenya
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Kenya (CIF) - 2022
In 2022, the average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $6,633 per ton, remaining relatively unchanged against the previous year. Overall, the import price recorded strong growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 71% against the previous year. As a result, import price reached the peak level of $9,052 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($7,243 per ton), while the price for India ($5,249 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+225.8%), 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 Kenya (FOB) - 2022
The average export price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $7,446 per ton in 2022, which is down by -17.3% against the previous year. Over the period under review, the export price, however, showed a significant expansion. The export price peaked at $42,133 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ghana ($9,643 per ton), while the average price for exports to Togo amounted to $455 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Somalia (+23.9%).
Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Kenya
Imports of seed; lucerne (alfalfa) seed, of a kind used for sowings into Kenya surged to 38 tons in 2022, rising by 21% compared with the previous year's figure. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 268% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings surged to $249K in 2022. Over the period under review, imports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 202% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 20.6 | N/A | 22.4 | 74.2 | 53.3% |
| United States | 43.3 | N/A | 44.1 | 31.8 | -9.8% |
| India | N/A | N/A | 36.4 | 18.6 | -48.9% |
| South Africa | 6.2 | 33.1 | N/A | N/A | 433.9% |
| Others | 70.2 | 35.1 | 103 | 125 | 21.2% |
| Total | 140 | 68.2 | 206 | 249 | 21.2% |
Top Suppliers of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing to Kenya in 2022:
- Australia (10.3 tons)
- United States (5.0 tons)
- India (3.5 tons)
Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Kenya
After two years of growth, overseas shipments of seed; lucerne (alfalfa) seed, of a kind used for sowings decreased by -96.4% to 184 kg in 2022. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 12,650%. As a result, the exports attained the peak of 5.1 tons, and then contracted rapidly in the following year.
In value terms, exports of seed; lucerne (alfalfa) seed, of a kind used for sowings plummeted to $1.4K in 2022. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 9,351%. As a result, the exports attained the peak of $46K, and then declined rapidly in the following year.
| Export of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Kenya (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
| Ghana | N/A | N/A | 0.7 | 0% |
| South Sudan | N/A | 0.2 | N/A | 0% |
| Djibouti | N/A | 22.8 | N/A | 0% |
| Togo | N/A | N/A | N/A | 0% |
| Others | 0.5 | 23.0 | 0.7 | 18.3% |
| Total | 0.5 | 45.9 | 1.4 | 67.3% |
Top Export Markets for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing from Kenya in 2022:
- Ghana (70.0 kg)
- Togo (22.0 kg)
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