Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Saudi Arabia - 2022
Contents:
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Saudi Arabia (FOB) - 2022
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Saudi Arabia (CIF) - 2022
- Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Saudi Arabia
- Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Saudi Arabia
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Saudi Arabia (FOB) - 2022
In 2021, the average export price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $4,624 per ton, shrinking by -37.3% against the previous year. Over the period under review, the export price saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 an increase of 29% against the previous year. The export price peaked at $11,252 per ton in 2012; however, from 2013 to 2021, 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 Oman ($11,653 per ton), while the average price for exports to Egypt ($1,250 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Saudi Arabia (CIF) - 2022
In 2021, the average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $6,150 per ton, growing by 24% against the previous year. Overall, the import price, however, showed a pronounced reduction. Over the period under review, average import prices reached the maximum at $8,499 per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($6,790 per ton), while the price for Egypt ($2,691 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+10.1%), while the prices for the other major suppliers experienced a decline.
Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Saudi Arabia
In 2022, the amount of seed; lucerne (alfalfa) seed, of a kind used for sowings exported from Saudi Arabia rose rapidly to 164 tons, growing by 8.9% against the year before. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 575% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of seed; lucerne (alfalfa) seed, of a kind used for sowings reduced to $620K in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 768%.
| Export of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Saudi Arabia (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
| Jordan | N/A | 47.6 | 260 | 446.2% |
| Egypt | N/A | 10.0 | 50.0 | 400.0% |
| Oman | N/A | 3.2 | 21.0 | 556.3% |
| Qatar | N/A | N/A | 17.2 | 0% |
| United Arab Emirates | N/A | 111 | N/A | 0% |
| Sudan | N/A | 267 | N/A | 0% |
| South Africa | N/A | 10.7 | N/A | 0% |
| Others | 22.9 | -250.4 | 348 | 289.8% |
| Total | 22.9 | 199 | 697 | 451.7% |
Top Export Markets for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing from Saudi Arabia in 2022:
- Egypt (40.0 tons)
- Jordan (31.9 tons)
- Oman (1.8 tons)
- Qatar (1.6 tons)
Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Saudi Arabia
After two years of growth, purchases abroad of seed; lucerne (alfalfa) seed, of a kind used for sowings decreased by -17.5% to 7.3K tons in 2021. Over the period under review, imports continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 11% against the previous year. As a result, imports reached the peak of 8.8K tons, and then declined rapidly in the following year.
In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings expanded to $45M in 2021. The total import value increased at an average annual rate of +4.1% from 2019 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 6.1%. Imports peaked in 2021 and are expected to retain growth in the near future.
| Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Saudi Arabia (Million USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
| United States | 27.2 | 24.3 | 24.7 | -4.7% |
| Australia | 13.0 | 18.7 | 18.9 | 20.6% |
| Egypt | 0.4 | 0.3 | 0.6 | 22.5% |
| Others | 0.8 | 0.5 | 0.6 | -13.4% |
| Total | 41.3 | 43.9 | 44.8 | 4.2% |
Top Suppliers of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing to Saudi Arabia in 2022:
- United States (3.6K tons)
- Australia (3.3K tons)
- Egypt (0.2K tons)
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