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

Contents:

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

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

The average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $4,097 per ton in 2022, with an increase of 58% against the previous year. In general, the import price showed strong growth. The pace of growth appeared the most rapid in 2013 when the average import price increased by 154%. The import price peaked at $4,686 per ton in 2020; however, from 2021 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 Turkey ($10,761 per ton), while the price for the United Arab Emirates ($1,375 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+40.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $1,662 per ton, jumping by 168% against the previous year. Overall, the export price, however, showed a slight reduction. Over the period under review, the average export prices reached the maximum at $1,958 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($2,180 per ton), while the average price for exports to the United Arab Emirates totaled $221 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (-4.5%).

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

In 2022, supplies from abroad of seed; lucerne (alfalfa) seed, of a kind used for sowings decreased by -4.1% to 87 tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a abrupt slump. The pace of growth was the most pronounced in 2020 with an increase of 120%. As a result, imports attained the peak of 243 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings soared to $355K in 2022. In general, imports continue to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 182% against the previous year. As a result, imports attained the peak of $1.1M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom12820091.5111-4.6%
United States25.41156.452.327.2%
Saudi Arabia53.956.810.520.2-27.9%
Egypt7.480.09.816.029.3%
Australia9.718.510.315.216.2%
Bahrain44.535.912.810.1-39.0%
United Arab Emirates4.710323.09.124.6%
South AfricaN/AN/A6.9N/A0%
Others12952963.7122-1.8%
Total4031,138235355-4.1%

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

  1. United Kingdom (25.7 tons)
  2. United States (12.2 tons)
  3. Egypt (7.2 tons)
  4. United Arab Emirates (6.6 tons)
  5. Australia (3.8 tons)
  6. Saudi Arabia (2.6 tons)
  7. Bahrain (2.3 tons)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of seed; lucerne (alfalfa) seed, of a kind used for sowings, when their volume decreased by -55.2% to 3.9 tons. In general, exports, however, showed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 368%. As a result, the exports reached the peak of 8.8 tons, and then contracted dramatically in the following year.

In value terms, exports of seed; lucerne (alfalfa) seed, of a kind used for sowings skyrocketed to $6.6K in 2022. Overall, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 87%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Export of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar1.01.41.93.247.4%
United Arab Emirates0.10.11.70.226.0%
Others1.01.41.93.247.4%
Total2.12.95.56.646.5%

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

  1. Qatar (1.4 tons)
  2. United Arab Emirates (1.0 tons)

Source: IndexBox Market Intelligence Platform

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