Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Tanzania - 2022
Contents:
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Tanzania (CIF) - 2022
- Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Tanzania
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Tanzania (CIF) - 2022
In 2022, the average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $8,637 per ton, picking up by 7.7% against the previous year. In general, the import price, however, continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2016 an increase of 168%. The import price peaked at $66,194 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($19,435 per ton), while the price for the United States totaled $8,532 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+9.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Tanzania
In 2022, after three years of growth, there was significant decline in supplies from abroad of seed; lucerne (alfalfa) seed, of a kind used for sowings, when their volume decreased by -28.8% to 6.4 tons. Overall, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 139%.
In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings dropped notably to $56K in 2022. In general, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 80% against the previous year.
| Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | 71.0 | 54.4 | -23.4% |
| South Africa | 14.0 | 46.5 | 1.3 | 1.2 | -55.9% |
| India | N/A | 3.8 | 0.3 | N/A | -92.1% |
| Others | 14.0 | N/A | N/A | N/A | 0% |
| Total | 28.0 | 50.3 | 72.6 | 55.6 | 25.7% |
Top Suppliers of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing to Tanzania in 2022:
- United States (6.4 tons)
- South Africa (0.1 tons)
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