Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Sweden - 2024

Contents:

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

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

In 2022, the average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $4,302 per ton, with a decrease of -7.4% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by 16%. Over the period under review, average import prices attained the maximum at $5,217 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($4,574 per ton) and France ($4,462 per ton), while the price for Denmark ($4,137 per ton) and Poland ($4,160 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+2.2%), 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 Sweden (FOB) - 2022

The average export price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $5,879 per ton in 2022, surging by 13% against the previous year. Over the period under review, the export price saw noticeable growth. The pace of growth was the most pronounced in 2019 when the average export price increased by 478%. Over the period under review, the average export prices hit record highs at $6,735 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($10,094 per ton), while the average price for exports to Denmark stood at $5,218 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+65.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 479 tons of seed; lucerne (alfalfa) seed, of a kind used for sowings were imported into Sweden; with an increase of 139% compared with the previous year's figure. In general, imports saw a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings surged to $2.1M in 2022. Over the period under review, imports saw strong growth. 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 Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland31016319375234.4%
France29644947763529.0%
DenmarkN/A93.9151381101.4%
Germany91.512.710628846.6%
Others701N/A3.62.1-85.6%
Total1,3997199302,05913.7%

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

  1. Poland (180.8 tons)
  2. France (142.4 tons)
  3. Denmark (92.1 tons)
  4. Germany (62.9 tons)

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

After three years of growth, overseas shipments of seed; lucerne (alfalfa) seed, of a kind used for sowings decreased by -62.5% to 4.3 tons in 2022. Overall, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 34%. As a result, the exports attained the peak of 11 tons, and then shrank sharply in the following year.

In value terms, exports of seed; lucerne (alfalfa) seed, of a kind used for sowings contracted rapidly to $25K in 2022. In general, exports, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2020 with an increase of 108%.

Export of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark3.526.359.621.282.3%
Norway4.98.4N/A2.0-25.8%
Others8.4N/AN/A2.0-38.0%
Total16.734.759.625.214.7%

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

  1. Denmark (4.1 tons)
  2. Norway (0.2 tons)

Source: IndexBox Market Intelligence Platform

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