Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Romania - 2024
Contents:
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Romania (CIF) - 2024
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Romania (FOB) - 2022
- Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Romania
- Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Romania
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Romania (CIF) - 2024
In August 2023, the average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $5,502 per ton, therefore, remained relatively stable against the previous month. Over the period under review, import price indicated a modest expansion from March 2023 to August 2023: its price increased at an average monthly rate of +1.2% over the last five-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, import price for seed; lucerne (alfalfa) seed, of a kind used for sowings increased by +72.4% against June 2023 indices. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 75% against the previous month. As a result, import price reached the peak level of $5,572 per ton, and then declined modestly in the following month.
Average prices varied somewhat amongst the major supplying countries. In August 2023, the countries with the highest prices were the Netherlands ($6,873 per ton) and France ($6,118 per ton), while the price for Hungary ($4,982 per ton) and Italy ($5,209 per ton) were amongst the lowest.
From March 2023 to August 2023, the most notable rate of growth in terms of prices was attained by Hungary (+2.5%), 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 Romania (FOB) - 2022
The average export price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $3,649 per ton in 2022, with an increase of 9.2% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 106% against the previous year. The export price peaked at $5,154 per ton in 2014; however, from 2015 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 Bulgaria ($6,122 per ton), while the average price for exports to France ($2,110 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 Denmark (+23.7%), 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 Romania
Imports of seed; lucerne (alfalfa) seed, of a kind used for sowings into Romania fell to 2.4K tons in 2022, waning by -10.3% compared with the year before. Overall, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 1.5%.
In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings reduced modestly to $10M in 2022. The total import value increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 49% against the previous year. As a result, imports attained the peak of $11M, leveling off in the following year.
| Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 3.9 | 4.9 | 7.8 | 8.4 | 29.1% |
| France | 0.7 | 1.2 | 1.4 | 1.2 | 19.7% |
| Germany | N/A | 0.1 | 0.3 | 0.4 | 100.0% |
| Turkey | N/A | 0.5 | 0.6 | 0.3 | -22.5% |
| Others | 5.1 | 0.4 | 0.5 | 0.2 | -66.0% |
| Total | 9.6 | 7.1 | 10.5 | 10.5 | 3.0% |
Top Suppliers of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing to Romania in 2022:
- Italy (2059.9 tons)
- France (161.2 tons)
- Germany (97.2 tons)
- Turkey (69.5 tons)
Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Romania
In 2022, shipments abroad of seed; lucerne (alfalfa) seed, of a kind used for sowings was finally on the rise to reach 524 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a deep setback.
In value terms, exports of seed; lucerne (alfalfa) seed, of a kind used for sowings skyrocketed to $1.9M in 2022. Overall, exports, however, recorded a deep reduction.
| Export of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 105 | 27.7 | 28.4 | 1,262 | 129.1% |
| France | 322 | 155 | 99.4 | 285 | -4.0% |
| Bulgaria | 125 | 73.8 | 111 | 235 | 23.4% |
| Moldova | 18.2 | 62.3 | 93.0 | 59.9 | 48.7% |
| Poland | N/A | N/A | 52.2 | 51.0 | -2.3% |
| Denmark | N/A | 80.8 | 1.3 | 0.4 | -93.0% |
| Italy | 327 | 18.6 | 4.4 | N/A | -88.4% |
| Turkey | 210 | 194 | N/A | N/A | -7.6% |
| Others | 1,124 | 9.3 | 59.9 | 18.2 | -74.7% |
| Total | 2,232 | 621 | 450 | 1,912 | -5.0% |
Top Export Markets for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing from Romania in 2022:
- Hungary (323.3 tons)
- France (135.3 tons)
- Bulgaria (38.4 tons)
- Moldova (12.0 tons)
- Poland (10.0 tons)
- Denmark (0.1 tons)
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