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

Contents:

  1. Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Norway (CIF) - 2022
  2. Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Norway

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

In 2022, the average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $6,319 per ton, increasing by 8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The pace of growth appeared the most rapid in 2015 an increase of 27%. Over the period under review, average import prices reached the peak figure at $6,766 per ton in 2018; however, from 2019 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 the Netherlands ($8,365 per ton), while the price for Canada ($3,845 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+17.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the amount of seed; lucerne (alfalfa) seed, of a kind used for sowings imported into Norway surged to 47 tons, with an increase of 93% compared with the year before. Over the period under review, imports showed a prominent expansion.

In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings soared to $294K in 2022. Overall, imports showed prominent growth.

Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy79.114353.912115.2%
Denmark19.228.711.923.16.4%
Canada2.21.81.11.8-6.5%
Sweden4.68.04.91.8-26.9%
Netherlands6.33.21.81.1-44.1%
Others10917267.614510.0%
Total22135714129410.0%

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

  1. Italy (18.8 tons)
  2. Denmark (4.0 tons)
  3. Canada (0.5 tons)
  4. Sweden (0.4 tons)
  5. Netherlands (0.1 tons)

Source: IndexBox Market Intelligence Platform

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