Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Libya - 2022
Contents:
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Libya (CIF) - 2022
- Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Libya
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Libya (CIF) - 2022
In 2022, the average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $6,150 per ton, jumping by 27% against the previous year. Overall, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for seed; lucerne (alfalfa) seed, of a kind used for sowings increased by +37.2% against 2019 indices. The import price peaked at $6,494 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
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 Italy ($6,954 per ton), while the price for Turkey ($2,760 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.5%), while the prices for the other major suppliers experienced a decline.
Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Libya
In 2022, the amount of seed; lucerne (alfalfa) seed, of a kind used for sowings imported into Libya skyrocketed to 1.2K tons, jumping by 24% on the previous year's figure. Over the period under review, imports, however, showed a deep setback.
In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings surged to $7.3M in 2022. In general, imports posted a notable increase. As a result, imports reached 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 Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,677 | 2,698 | 3,733 | 5,803 | 29.4% |
| Italy | 275 | 738 | 478 | 1,063 | 56.9% |
| Australia | 75.4 | 83.7 | 222 | 244 | 47.9% |
| Spain | 225 | 113 | 115 | 122 | -18.5% |
| Turkey | 98.0 | 81.0 | 56.6 | 17.3 | -43.9% |
| Others | 3,219 | 12.5 | 9.2 | 19.2 | -81.9% |
| Total | 6,570 | 3,726 | 4,613 | 7,269 | 3.4% |
Top Suppliers of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing to Libya in 2022:
- United States (953.8 tons)
- Italy (152.9 tons)
- Australia (38.6 tons)
- Spain (26.1 tons)
- Turkey (6.3 tons)
509
This report provides an in-depth analysis of the market for tree, flower and other seeds, fruits and spores for sowing in Libya.
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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 Libya.
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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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