Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Morocco - 2023
Contents:
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Morocco (CIF) - 2022
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Morocco (FOB) - 2022
- Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Morocco
- Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Morocco
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Morocco (CIF) - 2022
In 2022, the average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $5,879 per ton, picking up by 33% against the previous year. In general, the import price saw a relatively flat trend pattern. The import price peaked at $6,373 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($9,236 per ton), while the price for Spain ($393 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+11.9%), 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 Morocco (FOB) - 2022
The average export price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $9,350 per ton in 2022, approximately reflecting the previous year. Overall, the export price showed significant growth. The pace of growth was the most pronounced in 2014 an increase of 232%. The export price peaked in 2022 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Mauritania.
From 2013 to 2022, the rate of growth in terms of prices for Mauritania amounted to +23.4% per year.
Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Morocco
In 2022, overseas purchases of seed; lucerne (alfalfa) seed, of a kind used for sowings decreased by -60.6% to 591 tons, falling for the second year in a row after two years of growth. In general, imports, however, showed buoyant growth. The pace of growth was the most pronounced in 2020 with an increase of 329%. As a result, imports attained the peak of 1.6K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings dropped dramatically to $3.5M in 2022. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 272%.
| Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 455 | 1,089 | 1,003 | 1,012 | 30.5% |
| Australia | 243 | 561 | 890 | 303 | 7.6% |
| South Africa | 129 | 152 | 173 | 184 | 12.6% |
| France | 20.3 | 33.6 | 101 | 160 | 99.0% |
| Italy | 52.5 | 1,374 | 1,162 | 115 | 29.9% |
| Spain | 12.9 | 8.3 | 17.1 | 16.6 | 8.8% |
| Belgium | N/A | 0.2 | 0.8 | 11.7 | 664.9% |
| Netherlands | 1.5 | 175 | N/A | N/A | 11566.7% |
| Others | 831 | 3,093 | 3,281 | 1,672 | 26.2% |
| Total | 1,745 | 6,487 | 6,628 | 3,473 | 25.8% |
Top Suppliers of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing to Morocco in 2022:
- United States (149.6 tons)
- Australia (42.9 tons)
- Spain (42.2 tons)
- France (35.7 tons)
- Italy (23.2 tons)
- South Africa (19.9 tons)
- Belgium (9.6 tons)
Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Morocco
After two years of decline, shipments abroad of seed; lucerne (alfalfa) seed, of a kind used for sowings decreased by 0% to 2.2 tons in 2022. Over the period under review, exports showed a abrupt shrinkage. The smallest decline of 99.9% was in 2020.
In value terms, exports of seed; lucerne (alfalfa) seed, of a kind used for sowings totaled $21K in 2022. In general, exports saw a abrupt descent. The smallest decline of 99.9% was in 2020.
| Export of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mauritania | 12.5 | N/A | N/A | 10.3 | -6.2% |
| Others | 12.5 | N/A | N/A | 10.3 | -6.2% |
| Total | 25.1 | N/A | N/A | 20.6 | -6.4% |
Top Export Markets for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing from Morocco in 2022:
- Mauritania (1.5 tons)
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