Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Russia - 2022
Contents:
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Russia (CIF) - 2022
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Russia (FOB) - 2022
- Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Russia
- Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Russia
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Russia (CIF) - 2022
In 2022, the average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $4,671 per ton, rising by 39% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.3% 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 +42.3% against 2019 indices. The most prominent rate of growth was recorded in 2014 an increase of 39%. The import price peaked at $5,816 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
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 France ($6,570 per ton), while the price for Kazakhstan ($3,707 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+17.3%), 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 Russia (FOB) - 2022
In 2022, the average export price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $5,345 per ton, with an increase of 58% against the previous year. Overall, the export price recorded notable growth. The pace of growth appeared the most rapid in 2018 when the average export price increased by 63%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($9,085 per ton), while the average price for exports to Tajikistan ($610 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 Kazakhstan (+10.5%), 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 Russia
Imports of seed; lucerne (alfalfa) seed, of a kind used for sowings into Russia reduced to 1.2K tons in 2022, shrinking by -10% on 2021 figures. Overall, imports continue to indicate a noticeable curtailment. The growth pace was the most rapid in 2021 with an increase of 16%.
In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings soared to $5.5M in 2022. The total import value increased at an average annual rate of +7.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 650 | 1,581 | 1,702 | 2,127 | 48.5% |
| Netherlands | 1,249 | 536 | 876 | 895 | -10.5% |
| France | 915 | 675 | 447 | 732 | -7.2% |
| Italy | N/A | 321 | N/A | 535 | 29.1% |
| Lithuania | N/A | N/A | 16.1 | 397 | 2365.8% |
| Poland | N/A | 142 | N/A | 368 | 61.0% |
| Kazakhstan | 164 | 225 | 371 | 230 | 11.9% |
| Denmark | 140 | 426 | 491 | 174 | 7.5% |
| Belarus | 315 | 230 | 308 | N/A | -1.1% |
| Kyrgyzstan | 59.2 | 5.9 | 168 | N/A | 68.5% |
| Canada | 890 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4,382 | 4,141 | 4,379 | 5,457 | 7.6% |
Top Suppliers of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing to Russia in 2022:
- Germany (459.7 tons)
- Netherlands (210.4 tons)
- Italy (120.0 tons)
- France (111.4 tons)
- Poland (91.0 tons)
- Lithuania (80.9 tons)
- Kazakhstan (62.0 tons)
- Denmark (32.9 tons)
Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Russia
After three years of growth, overseas shipments of seed; lucerne (alfalfa) seed, of a kind used for sowings decreased by -74.1% to 120 tons in 2022. Overall, exports showed a dramatic descent. The most prominent rate of growth was recorded in 2020 with an increase of 49%.
In value terms, exports of seed; lucerne (alfalfa) seed, of a kind used for sowings contracted notably to $643K in 2022. Over the period under review, exports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 96% against the previous year.
| Export of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 112 | 58.0 | 200 | 298 | 38.6% |
| Kyrgyzstan | 97.2 | 276 | N/A | 219 | 31.1% |
| Poland | N/A | N/A | 141 | 74.0 | -47.5% |
| Armenia | 7.8 | 9.0 | 34.2 | 30.1 | 56.9% |
| Mongolia | 6.6 | N/A | 56.7 | 12.8 | 24.7% |
| Tajikistan | N/A | N/A | N/A | 9.4 | 0% |
| Azerbaijan | 21.5 | 5.5 | 10.9 | N/A | -28.8% |
| Belarus | 525 | 1,171 | 1,126 | N/A | 46.5% |
| Others | 6.9 | N/A | N/A | N/A | 0% |
| Total | 777 | 1,519 | 1,569 | 643 | -6.1% |
Top Export Markets for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing from Russia in 2022:
- Kyrgyzstan (49.7 tons)
- Kazakhstan (32.8 tons)
- Tajikistan (15.5 tons)
- Poland (14.1 tons)
- Armenia (5.6 tons)
- Mongolia (2.7 tons)
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