Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Sri Lanka - 2022
Contents:
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Sri Lanka (CIF) - 2022
- Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Sri Lanka
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Sri Lanka (CIF) - 2022
In 2022, the average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $7,906 per ton, shrinking by -32.3% against the previous year. Over the period under review, the import price, however, posted a strong expansion. The growth pace was the most rapid in 2021 an increase of 25% against the previous year. As a result, import price reached the peak level of $11,671 per ton, and then plummeted in the following year.
As there is only one major supplying country, the average price level is determined by prices for Australia.
From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +6.7% per year.
Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Sri Lanka
Imports of seed; lucerne (alfalfa) seed, of a kind used for sowings into Sri Lanka contracted markedly to 127 kg in 2022, dropping by -22.6% against the previous year. Overall, imports saw a abrupt slump. The smallest decline of -3.3% was in 2020.
In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings reduced dramatically to $1K in 2022. In general, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year. As a result, imports reached the peak of $1.9K, and then shrank dramatically in the following year.
| Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 1.5 | 1.7 | 1.0 | 1.0 | -12.6% |
| Others | N/A | N/A | 1.0 | N/A | 0% |
| Total | 1.5 | 1.7 | 1.9 | 1.0 | -12.6% |
Top Suppliers of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing to Sri Lanka in 2022:
- Australia (127.0 kg)
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