Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in the UK - 2024
Contents:
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in the UK (CIF) - 2022
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in the UK (FOB) - 2022
- Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in the UK
- Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in the UK
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in the UK (CIF) - 2022
In 2022, the average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $4,864 per ton, growing by 110% against the previous year. Overall, the import price, however, saw a perceptible descent. The most prominent rate of growth was recorded in 2018 when the average import price increased by 381% against the previous year. The import price peaked at $6,458 per ton in 2012; however, from 2013 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 Canada ($5,441 per ton), while the price for Ireland ($1,521 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-0.1%), while the prices for the other major suppliers experienced a decline.
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in the UK (FOB) - 2022
The average export price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $9,736 per ton in 2022, rising by 1,100% against the previous year. Overall, the export price posted a prominent increase. Over the period under review, the average export prices attained the maximum at $28,598 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2012 to 2022, the rate of growth in terms of prices for Serbia amounted to +68.6% per year.
Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in the UK
In 2022, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings into the UK reduced markedly to 459 tons, declining by -70.6% compared with 2021. In general, imports faced a dramatic curtailment. The smallest decline of -27.1% was in 2021.
In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings contracted remarkably to $2.2M in 2022. Overall, imports faced a deep setback. The pace of growth appeared the most rapid in 2021 when imports increased by 10%.
| Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1,835 | 1,335 | 1,299 | 516 | -34.5% |
| Italy | 48.6 | 71.6 | 50.0 | 369 | 96.5% |
| Canada | N/A | N/A | N/A | 141 | 0% |
| Netherlands | 20.4 | 70.1 | N/A | 52.8 | 37.3% |
| Denmark | 191 | 142 | 162 | 18.2 | -54.3% |
| Ireland | 0.1 | N/A | 4.3 | 8.7 | 343.1% |
| Germany | 10.1 | 22.3 | 291 | 7.6 | -9.0% |
| Others | 2,110 | 1,641 | 1,809 | 1,120 | -19.0% |
| Total | 4,215 | 3,282 | 3,615 | 2,235 | -19.1% |
Top Suppliers of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing to the UK in 2022:
- France (98.4 tons)
- Italy (79.9 tons)
- Canada (25.9 tons)
- Netherlands (10.0 tons)
- Ireland (5.7 tons)
- Denmark (3.9 tons)
- Germany (1.7 tons)
Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in the UK
In 2022, the amount of seed; lucerne (alfalfa) seed, of a kind used for sowings exported from the UK reduced rapidly to 280 kg, which is down by -97.5% against the year before. Overall, exports continue to indicate a sharp setback. The pace of growth was the most pronounced in 2021 with an increase of 196% against the previous year. As a result, the exports reached the peak of 11 tons, and then declined rapidly in the following year.
In value terms, exports of seed; lucerne (alfalfa) seed, of a kind used for sowings contracted dramatically to $2.7K in 2022. In general, exports recorded a sharp decrease. The most prominent rate of growth was recorded in 2020 with an increase of 11%. As a result, the exports attained the peak of $55K. 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 UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.1 | 0.1 | N/A | 1.4 | 141.0% |
| Denmark | 1.0 | 0.9 | N/A | N/A | -10.0% |
| Ireland | 4.7 | 11.8 | 1.1 | N/A | -51.6% |
| Lithuania | 1.2 | 1.2 | N/A | N/A | 0.0% |
| United Arab Emirates | N/A | N/A | 3.4 | N/A | 0% |
| Israel | 8.3 | N/A | N/A | N/A | 0% |
| Ghana | 0.7 | N/A | N/A | N/A | 0% |
| Others | 34.0 | 41.4 | 4.6 | 1.4 | -65.5% |
| Total | 49.9 | 55.5 | 9.2 | 2.7 | -62.2% |
Top Export Markets for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing from the UK in 2022:
- Netherlands (140.0 kg)
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