Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in the Netherlands - 2024
Contents:
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in the Netherlands (CIF) - 2024
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in the Netherlands (FOB) - 2024
- Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in the Netherlands
- Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in the Netherlands
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in the Netherlands (CIF) - 2024
In September 2023, the average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $4,772 per ton, growing by 8% against the previous month. Overall, import price indicated a slight increase from March 2023 to September 2023: its price increased at an average monthly rate of +1.7% over the last six-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, import price for seed; lucerne (alfalfa) seed, of a kind used for sowings increased by +88.1% against July 2023 indices. The pace of growth appeared the most rapid in August 2023 when the average import price increased by 74% against the previous month. The import price peaked in September 2023.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was Russia ($5,387 per ton), while the price for Canada stood at $4,098 per ton.
From March 2023 to September 2023, the most notable rate of growth in terms of prices was attained by France (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in the Netherlands (FOB) - 2024
In September 2023, the average export price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $4,881 per ton, shrinking by -21% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in August 2023 an increase of 18% month-to-month. As a result, the export price reached the peak level of $6,180 per ton, and then shrank significantly in the following month.
As there is only one major export destination, the average price level is determined by prices for Norway.
From March 2023 to September 2023, the rate of growth in terms of prices for France amounted to +17.6% per month.
Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in the Netherlands
In 2022, supplies from abroad of seed; lucerne (alfalfa) seed, of a kind used for sowings increased by 30% to 2.3K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a deep downturn.
In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings soared to $9.7M in 2022. In general, imports, however, recorded a abrupt slump.
| Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 3.7 | 6.0 | 3.8 | 5.6 | 14.8% |
| France | 1.7 | 1.5 | 1.5 | 2.1 | 7.3% |
| Italy | 0.4 | 0.5 | 0.4 | 1.3 | 48.1% |
| Pakistan | N/A | N/A | N/A | 0.2 | 0% |
| Germany | 0.1 | 0.4 | N/A | 0.2 | 26.0% |
| Serbia | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Others | 6.5 | 0.3 | 0.3 | 0.2 | -68.7% |
| Total | 12.4 | 8.7 | 6.0 | 9.7 | -7.9% |
Top Suppliers of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing to the Netherlands in 2022:
- Canada (1330.3 tons)
- France (521.4 tons)
- Italy (303.5 tons)
- Pakistan (50.5 tons)
- Germany (45.3 tons)
- Serbia (37.1 tons)
Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in the Netherlands
In 2022, overseas shipments of seed; lucerne (alfalfa) seed, of a kind used for sowings decreased by -17.1% to 1.6K tons, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 126%. As a result, the exports reached the peak of 4.4K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of seed; lucerne (alfalfa) seed, of a kind used for sowings totaled $7M in 2022. Overall, exports continue to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 114% against the previous year. As a result, the exports reached the peak of $16M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.5 | 13.5 | 3.1 | 4.4 | 106.5% |
| Russia | 1.2 | 0.5 | 0.9 | 0.9 | -9.1% |
| Belarus | 0.1 | 0.2 | 0.2 | 0.3 | 44.2% |
| Poland | 0.4 | 0.3 | 0.2 | 0.2 | -20.6% |
| France | 0.3 | 0.4 | 0.4 | 0.2 | -12.6% |
| China | N/A | 0.1 | N/A | 0.2 | 41.4% |
| Argentina | 0.3 | 0.1 | 0.5 | 0.2 | -12.6% |
| Others | 4.7 | 1.1 | 1.5 | 0.7 | -47.0% |
| Total | 7.6 | 16.2 | 6.9 | 7.0 | -2.7% |
Top Export Markets for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing from the Netherlands in 2022:
- Germany (987.9 tons)
- Russia (205.3 tons)
- France (96.3 tons)
- Argentina (50.8 tons)
- Belarus (44.4 tons)
- Poland (42.0 tons)
- China (36.2 tons)
587
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This report provides an in-depth analysis of the market for tree, flower and other seeds, fruits and spores for sowing in the Netherlands.
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