Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in the Philippines - 2024
Contents:
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in the Philippines (CIF) - 2022
- Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in the Philippines
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in the Philippines (CIF) - 2022
In 2022, the average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $4,395 per ton, surging by 13% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2018 an increase of 161% against the previous year. As a result, import price attained the peak level of $10,957 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($4,395 per ton), while the price for Thailand stood at $4,395 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+0.9%).
Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in the Philippines
Imports of seed; lucerne (alfalfa) seed, of a kind used for sowings into the Philippines plummeted to 5.1 tons in 2022, waning by -20.8% on 2021. Overall, imports showed a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 146%.
In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings declined to $22K in 2022. In general, imports continue to indicate a drastic downturn. The growth pace was the most rapid in 2021 when imports increased by 171%.
| Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 13.8 | 4.6 | 9.6 | 6.3 | -23.0% |
| Thailand | N/A | N/A | N/A | 4.9 | 0% |
| United States | N/A | N/A | 2.9 | N/A | 0% |
| Others | 13.8 | 4.6 | 12.5 | 11.2 | -6.7% |
| Total | 27.7 | 9.2 | 25.0 | 22.3 | -7.0% |
Top Suppliers of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing to the Philippines in 2022:
- Taiwan (Chinese) (1.4 tons)
- Thailand (1.1 tons)
686
This report provides an in-depth analysis of the market for tree, flower and other seeds, fruits and spores for sowing in the Philippines.
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This report provides an in-depth analysis of the global market for tree, flower and other seeds, fruits and spores for sowing.
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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 Philippines.
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This report provides an in-depth analysis of the global market for tree, flower and other seeds, fruits and spores for sowing.
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