Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Spain - 2024
Contents:
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Spain (FOB) - 2022
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Spain (CIF) - 2022
- Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Spain
- Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Spain
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Spain (FOB) - 2022
In 2022, the average export price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $2,241 per ton, growing by 19% against the previous year. Overall, the export price enjoyed strong growth. The pace of growth appeared the most rapid in 2016 when the average export price increased by 190%. The export price peaked in 2022 and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($9,250 per ton), while the average price for exports to France ($635 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 Arab Emirates (+27.3%), 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 Spain (CIF) - 2022
The average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $3,025 per ton in 2022, waning by -9.2% against the previous year. Overall, the import price saw a slight decline. The most prominent rate of growth was recorded in 2014 an increase of 150% against the previous year. The import price peaked at $8,631 per ton in 2015; however, from 2016 to 2022, 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 Portugal ($4,567 per ton), while the price for France ($2,420 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+4.8%), while the prices for the other major suppliers experienced a decline.
Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Spain
In 2022, exports of seed; lucerne (alfalfa) seed, of a kind used for sowings from Spain soared to 1.3K tons, picking up by 59% on the previous year's figure. Over the period under review, exports, however, continue to indicate a significant decrease.
In value terms, exports of seed; lucerne (alfalfa) seed, of a kind used for sowings skyrocketed to $2.9M in 2022. Overall, exports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 131% against the previous year.
| Export of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 513 | 196 | 146 | 589 | 4.7% |
| Saudi Arabia | 85.8 | N/A | N/A | 373 | 63.2% |
| Mexico | 257 | 156 | 212 | 369 | 12.8% |
| Germany | 52.8 | 8.1 | 11.9 | 289 | 76.2% |
| Peru | 113 | 131 | 282 | 237 | 28.0% |
| Italy | 49.2 | 20.4 | 304 | 231 | 67.4% |
| United Arab Emirates | N/A | N/A | N/A | 217 | 0% |
| Portugal | 114 | 126 | 189 | 67.0 | -16.2% |
| Morocco | N/A | N/A | 17.6 | N/A | 0% |
| Philippines | 27.2 | 6.8 | N/A | N/A | -75.0% |
| Others | 2,264 | 11.9 | 351 | 488 | -40.0% |
| Total | 3,475 | 655 | 1,515 | 2,861 | -6.3% |
Top Export Markets for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing from Spain in 2022:
- France (928.0 tons)
- Germany (48.7 tons)
- Saudi Arabia (41.3 tons)
- Mexico (39.9 tons)
- United Arab Emirates (31.6 tons)
- Portugal (31.5 tons)
- Italy (30.7 tons)
- Peru (30.3 tons)
Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Spain
In 2022, overseas purchases of seed; lucerne (alfalfa) seed, of a kind used for sowings were finally on the rise to reach 840 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, faced a drastic downturn.
In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings soared to $2.5M in 2022. Overall, imports, however, continue to indicate a abrupt descent.
| Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,189 | 1,027 | 834 | 2,038 | 19.7% |
| France | 494 | 553 | 431 | 322 | -13.3% |
| Peru | N/A | N/A | N/A | 131 | 0% |
| Portugal | 32.1 | 30.2 | 138 | 36.9 | 4.8% |
| Australia | 200 | 55.4 | N/A | N/A | -72.3% |
| Others | 2,026 | 13.9 | 3.2 | 11.7 | -82.1% |
| Total | 3,941 | 1,680 | 1,407 | 2,540 | -13.6% |
Top Suppliers of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing to Spain in 2022:
- Italy (666.0 tons)
- France (133.0 tons)
- Peru (29.6 tons)
- Portugal (8.1 tons)
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