Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Latvia - 2024
Contents:
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Latvia (CIF) - 2022
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Latvia (FOB) - 2022
- Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Latvia
- Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Latvia
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Latvia (CIF) - 2022
In 2022, the average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $3,734 per ton, picking up by 2.5% against the previous year. Over the period under review, the import price recorded prominent growth. The most prominent rate of growth was recorded in 2013 an increase of 256%. Over the period under review, average import prices attained the maximum at $4,570 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Lithuania ($4,475 per ton) and Estonia ($4,128 per ton), while the price for Italy ($3,632 per ton) and France ($3,684 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+8.6%), 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 Latvia (FOB) - 2022
The average export price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $3,882 per ton in 2022, shrinking by -19% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 109% against the previous year. As a result, the export price attained the peak level of $8,160 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Estonia ($4,496 per ton) and Lithuania ($4,284 per ton), while the average price for exports to Russia ($3,684 per ton) and Kyrgyzstan ($3,857 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+1.2%), 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 Latvia
In 2022, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings into Latvia surged to 206 tons, growing by 69% compared with the year before. Over the period under review, 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 $771K in 2022. Overall, imports continue to indicate a significant increase. As a result, imports attained 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 Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 72.8 | 133 | 285 | 547 | 95.9% |
| Denmark | 72.0 | 156 | 136 | 96.7 | 10.3% |
| France | N/A | N/A | N/A | 73.8 | 0% |
| Estonia | N/A | N/A | N/A | 29.0 | 0% |
| Lithuania | N/A | 52.0 | 12.8 | 16.6 | -43.5% |
| Netherlands | 11.6 | 11.7 | 11.0 | 8.2 | -10.9% |
| Others | 156 | N/A | N/A | N/A | 0% |
| Total | 313 | 353 | 445 | 771 | 35.1% |
Top Suppliers of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing to Latvia in 2022:
- Italy (150.5 tons)
- Denmark (23.6 tons)
- France (20.0 tons)
- Estonia (7.0 tons)
- Lithuania (3.7 tons)
- Netherlands (1.6 tons)
Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Latvia
In 2022, exports of seed; lucerne (alfalfa) seed, of a kind used for sowings from Latvia soared to 116 tons, growing by 1,169% against 2021 figures. Overall, exports posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 4,475% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, exports of seed; lucerne (alfalfa) seed, of a kind used for sowings surged to $451K in 2022. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 5,847%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kyrgyzstan | N/A | N/A | N/A | 328 | 0% |
| Russia | N/A | N/A | N/A | 73.8 | 0% |
| Estonia | 0.2 | N/A | 43.8 | 36.0 | 464.6% |
| Lithuania | N/A | 0.7 | N/A | 13.3 | 335.9% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 0.4 | 0.7 | 43.8 | 451 | 940.8% |
Top Export Markets for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing from Latvia in 2022:
- Kyrgyzstan (85.0 tons)
- Russia (20.0 tons)
- Estonia (8.0 tons)
- Lithuania (3.1 tons)
120
This report provides an in-depth analysis of the market for tree, flower and other seeds, fruits and spores for sowing in Latvia.
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This report provides an in-depth analysis of the global market for tree, flower and other seeds, fruits and spores for sowing.
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This report provides an in-depth analysis of the market for tree, flower and other seeds, fruits and spores for sowing in Latvia.
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This report provides an in-depth analysis of the global market for tree, flower and other seeds, fruits and spores for sowing.
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