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

Contents:

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

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

In 2022, the average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $4,553 per ton, rising by 22% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 120%. As a result, import price reached the peak level of $8,157 per ton. From 2019 to 2022, the average import prices remained 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 Spain ($5,103 per ton) and Austria ($4,977 per ton), while the price for Italy ($4,476 per ton) and Denmark ($4,675 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+1.4%), 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 Lithuania (FOB) - 2022

The average export price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $4,499 per ton in 2022, with an increase of 17% against the previous year. Overall, the export price, however, showed a mild curtailment. The growth pace was the most rapid in 2018 when the average export price increased by 440%. As a result, the export price attained the peak level of $22,845 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Ukraine ($4,922 per ton) and Russia ($4,910 per ton), while the average price for exports to Kyrgyzstan ($3,787 per ton) and Estonia ($4,324 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 Kyrgyzstan (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of seed; lucerne (alfalfa) seed, of a kind used for sowings imported into Lithuania skyrocketed to 569 tons, increasing by 147% compared with the year before. In general, imports posted a remarkable increase. 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 skyrocketed to $2.6M in 2022. Over the period under review, imports posted a significant 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 Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy2511,0104831,98699.3%
France2472883192986.5%
SpainN/AN/AN/A1220%
AustriaN/AN/AN/A99.50%
Denmark12.12154.740.449.5%
Others55452.353.744.3-56.9%
Total1,0641,5668602,59034.5%

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

  1. Italy (443.6 tons)
  2. France (60.9 tons)
  3. Spain (24.0 tons)
  4. Austria (20.0 tons)
  5. Denmark (8.6 tons)

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

In 2022, approx. 485 tons of seed; lucerne (alfalfa) seed, of a kind used for sowings were exported from Lithuania; with an increase of 558% on the year before. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of seed; lucerne (alfalfa) seed, of a kind used for sowings skyrocketed to $2.2M in 2022. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uzbekistan12133314271580.8%
BelarusN/A44120.74976.2%
RussiaN/AN/A16.23972350.6%
TajikistanN/A7.964.4326542.4%
UkraineN/AN/AN/A83.70%
KyrgyzstanN/A240N/A80.5-42.1%
Latvia53.744.119.647.1-4.3%
Estonia33.610.07.79.3-34.8%
Others28259.312.924.3-55.8%
Total4911,1352842,18064.4%

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

  1. Uzbekistan (163.0 tons)
  2. Belarus (110.0 tons)
  3. Russia (80.9 tons)
  4. Tajikistan (75.0 tons)
  5. Kyrgyzstan (21.3 tons)
  6. Ukraine (17.0 tons)
  7. Latvia (10.7 tons)
  8. Estonia (2.2 tons)

Source: IndexBox Market Intelligence Platform

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