Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Slovakia - 2023

Contents:

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

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

The average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $4,228 per ton in 2022, reducing by -7.9% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 22% against the previous year. The import price peaked at $5,625 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 Italy ($5,179 per ton), while the price for Hungary ($3,264 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $4,023 per ton, reducing by -12% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 246%. The export price peaked at $5,512 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($5,125 per ton), while the average price for exports to Hungary stood at $2,772 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+1.9%), while the prices for the other major destinations experienced a decline.

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

Imports of seed; lucerne (alfalfa) seed, of a kind used for sowings into Slovakia soared to 191 tons in 2022, growing by 36% on 2021. In general, imports, however, recorded a abrupt descent.

In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings surged to $809K in 2022. Over the period under review, imports, however, faced a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 28% against the previous year.

Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy345269420331-1.4%
Hungary1281.338.224023.3%
Austria78.263.61.582.11.6%
Czech Republic95.310511979.0-6.1%
Netherlands32.217.640.851.817.2%
PolandN/AN/AN/A22.40%
Others69347.025.32.4-84.9%
Total1,371503645809-16.1%

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

  1. Hungary (73.4 tons)
  2. Italy (64.0 tons)
  3. Austria (21.3 tons)
  4. Czech Republic (16.2 tons)
  5. Netherlands (10.9 tons)
  6. Poland (4.9 tons)

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

In 2022, the amount of seed; lucerne (alfalfa) seed, of a kind used for sowings exported from Slovakia soared to 12 tons, jumping by 249% on 2021 figures. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 636%. As a result, the exports attained the peak of 41 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of seed; lucerne (alfalfa) seed, of a kind used for sowings surged to $47K in 2022. Overall, exports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 760% against the previous year. As a result, the exports reached the peak of $125K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech RepublicN/A61.2N/A32.0-27.7%
Hungary3.85.5N/A15.359.1%
Austria3.558.3N/AN/A1565.7%
ItalyN/AN/A15.4N/A0%
Others7.3N/AN/AN/A0%
Total14.512515.447.348.3%

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

  1. Czech Republic (6.2 tons)
  2. Hungary (5.5 tons)

Source: IndexBox Market Intelligence Platform

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