Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Pakistan - 2023
Contents:
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Pakistan (CIF) - 2022
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Pakistan (FOB) - 2022
- Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Pakistan
- Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Pakistan
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Pakistan (CIF) - 2022
In 2022, the average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $243 per ton, declining by -29.9% against the previous year. Over the period under review, the import price continues to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2015 when the average import price increased by 39% against the previous year. Over the period under review, average import prices reached the peak figure at $2,747 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,622 per ton), while the price for Iran ($214 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (-4.0%), while the prices for the other major suppliers experienced a decline.
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Pakistan (FOB) - 2022
The average export price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $2,476 per ton in 2022, declining by -4.2% against the previous year. In general, the export price, however, saw a perceptible increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 33% against the previous year. Over the period under review, the average export prices attained the peak figure at $2,831 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Poland ($3,429 per ton) and the Netherlands ($3,209 per ton), while the average price for exports to Bulgaria ($2,517 per ton) and Afghanistan ($2,726 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 Poland (+35.2%), 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 Pakistan
In 2022, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings into Pakistan skyrocketed to 16K tons, growing by 45% against the previous year's figure. Over the period under review, imports posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 239%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings rose modestly to $3.9M in 2022. Overall, imports, however, saw a noticeable setback. The most prominent rate of growth was recorded in 2020 when imports increased by 54%. As a result, imports attained the peak of $6.6M. 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 Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Afghanistan | 1,526 | 3,073 | 1,477 | 1,660 | 2.8% |
| United States | N/A | 43.5 | 298 | 254 | 141.6% |
| Iran | 42.4 | 17.8 | 4.8 | 47.7 | 4.0% |
| Australia | 553 | 157 | 147 | 5.1 | -79.0% |
| Others | 2,160 | 3,292 | 1,947 | 1,967 | -3.1% |
| Total | 4,281 | 6,584 | 3,874 | 3,933 | -2.8% |
Top Suppliers of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing to Pakistan in 2022:
- Afghanistan (7.3K tons)
- United States (0.2K tons)
- Iran (0.2K tons)
Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Pakistan
After two years of decline, shipments abroad of seed; lucerne (alfalfa) seed, of a kind used for sowings decreased by -9.3% to 426 tons in 2022. Overall, exports, however, recorded a significant expansion.
In value terms, exports of seed; lucerne (alfalfa) seed, of a kind used for sowings contracted to $1.1M in 2022. In general, exports, however, saw significant growth.
| Export of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | N/A | N/A | 126 | 176 | 39.7% |
| Netherlands | N/A | N/A | N/A | 162 | 0% |
| Italy | N/A | N/A | 171 | 138 | -19.3% |
| Poland | N/A | N/A | 311 | 34.6 | -88.9% |
| Afghanistan | N/A | N/A | N/A | 17.0 | 0% |
| South Korea | 36.8 | N/A | N/A | N/A | 0% |
| Others | 96.0 | N/A | 607 | 528 | 76.5% |
| Total | 133 | N/A | 1,215 | 1,056 | 99.5% |
Top Export Markets for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing from Pakistan in 2022:
- Bulgaria (69.9 tons)
- Netherlands (50.5 tons)
- Italy (47.1 tons)
- Poland (10.1 tons)
- Afghanistan (6.2 tons)
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