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

Contents:

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

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

The average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $7,169 per ton in 2022, surging by 7.9% against the previous year. In general, the import price, however, showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2016 when the average import price increased by 17% against the previous year. As a result, import price reached the peak level of $9,386 per ton. From 2017 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($7,847 per ton), while the price for Turkey ($2,175 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+18.1%), while the prices for the other major suppliers experienced a decline.

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

The average export price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $684 per ton in 2022, rising by 109% against the previous year. In general, the export price, however, recorded a slight descent. Over the period under review, the average export prices hit record highs at $1,019 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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 Kuwait ($788 per ton), while the average price for exports to Qatar ($394 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 Kuwait (+5.9%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, approx. 456 tons of seed; lucerne (alfalfa) seed, of a kind used for sowings were imported into Sudan; picking up by 4.5% on 2021. In general, imports, however, showed a noticeable curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 5.3%.

In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings expanded sharply to $3.3M in 2022. The total import value increased at an average annual rate of +1.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, imports attained 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 Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,5821,3631,4971,7723.9%
Australia9868729871,0151.0%
Saudi Arabia310267255279-3.5%
United Arab Emirates13493.598.6118-4.1%
Turkey12194.663.662.4-19.8%
OthersN/AN/AN/A24.40%
Total3,1342,6902,9013,2711.4%

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

  1. United States (229.3 tons)
  2. Australia (129.4 tons)
  3. Saudi Arabia (47.1 tons)
  4. Turkey (28.7 tons)
  5. United Arab Emirates (16.4 tons)

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

For the fourth consecutive year, Sudan recorded growth in overseas shipments of seed; lucerne (alfalfa) seed, of a kind used for sowings, which increased by 191% to 1.3K tons in 2022. Over the period under review, exports enjoyed a significant expansion. As a result, the exports attained the peak 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 surged to $877K in 2022. In general, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates5.016.241.5738428.5%
Qatar11.045.789.6126125.4%
Kuwait22.523.312.912.6-17.6%
OthersN/AN/AN/AN/A0%
Total38.585.2144877183.5%

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

  1. United Arab Emirates (945.7 tons)
  2. Qatar (320.8 tons)
  3. Kuwait (16.0 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Seed; lucerne (alfalfa) seed, of a kind used for sowing - Sudan