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

Contents:

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

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

The average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $5,023 per ton in 2022, rising by 14% against the previous year. Over the period under review, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for seed; lucerne (alfalfa) seed, of a kind used for sowings increased by +37.0% against 2020 indices. The most prominent rate of growth was recorded in 2015 an increase of 28%. Over the period under review, average import prices hit record highs at $6,304 per ton in 2016; however, from 2017 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 Chile ($7,225 per ton), while the price for Canada ($4,103 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+5.8%), 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 Peru (FOB) - 2022

The average export price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $1,855 per ton in 2022, surging by 51% against the previous year. Overall, the export price, however, showed a drastic downturn. The growth pace was the most rapid in 2014 an increase of 66% against the previous year. As a result, the export price reached the peak level of $6,772 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($8,083 per ton), while the average price for exports to the United States ($1,534 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-8.0%).

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

In 2022, the amount of seed; lucerne (alfalfa) seed, of a kind used for sowings imported into Peru surged to 2.7K tons, growing by 163% on 2021. In general, imports enjoyed a buoyant increase.

In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings soared to $14M in 2022. Over the period under review, imports recorded a buoyant increase.

Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,4724,9531,1834,43344.4%
Chile1,2417685081,2921.4%
Canada9951,640145659-12.8%
Spain99.014221125537.1%
Australia813547146110-48.7%
Italy12639711669.1-18.1%
Others4,6309,6472,1976,75613.4%
Total9,37618,0934,50613,57413.1%

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

  1. United States (939.8 tons)
  2. Chile (178.9 tons)
  3. Canada (160.7 tons)
  4. Spain (43.7 tons)
  5. Australia (19.9 tons)
  6. Italy (16.0 tons)

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

For the third year in a row, Peru recorded decline in overseas shipments of seed; lucerne (alfalfa) seed, of a kind used for sowings, which decreased by -19.9% to 297 kg in 2022. Over the period under review, exports saw a sharp shrinkage.

In value terms, exports of seed; lucerne (alfalfa) seed, of a kind used for sowings soared to $551 in 2022. In general, exports recorded a dramatic descent.

Export of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/AN/AN/A0.20%
United States5.81.60.50.1-74.2%
ChileN/AN/AN/A0.10%
OthersN/A1.6N/A0.2-64.6%
Total5.83.10.50.6-53.1%

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

  1. Spain (106.0 kg)
  2. United States (73.0 kg)
  3. Chile (12.0 kg)

Source: IndexBox Market Intelligence Platform

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