Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Nepal - 2022
Contents:
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Nepal (CIF) - 2022
- Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Nepal
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Nepal (CIF) - 2022
The average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $2,147 per ton in 2022, rising by 100% against the previous year. Over the period under review, the import price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 102%. Over the period under review, average import prices hit record highs at $4,446 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
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 Australia ($4,785 per ton), while the price for India totaled $1,251 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.0%).
Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Nepal
In 2022, after three years of growth, there was significant decline in supplies from abroad of seed; lucerne (alfalfa) seed, of a kind used for sowings, when their volume decreased by -96.4% to 2 tons. Over the period under review, imports recorded a drastic downturn. The pace of growth was the most pronounced in 2020 when imports increased by 691%.
In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings fell dramatically to $4.3K in 2022. Overall, imports showed a significant decline. The pace of growth appeared the most rapid in 2020 with an increase of 304% against the previous year.
| Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 3.0 | 7.4 | 8.6 | 2.4 | -7.2% |
| India | 2.8 | 26.9 | 51.5 | 1.9 | -12.1% |
| Others | 2.8 | N/A | N/A | N/A | 0% |
| Total | 8.5 | 34.3 | 60.1 | 4.3 | -20.3% |
Top Suppliers of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing to Nepal in 2022:
- India (1.5 tons)
- Australia (0.5 tons)
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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 Nepal.
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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 Nepal.
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