Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in the United Arab Emirates - 2022

Contents:

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

Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $7,008 per ton, with an increase of 13% against the previous year. In general, the import price showed a buoyant increase. The growth pace was the most rapid in 2017 an increase of 118%. Over the period under review, average import prices hit record highs at $8,729 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($47,000 per ton), while the price for Spain ($1,420 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+40.5%), 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 United Arab Emirates (FOB) - 2022

In 2022, the average export price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $4,398 per ton, surging by 93% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The export price peaked at $5,787 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($5,373 per ton), while the average price for exports to Qatar ($250 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (+4.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in the United Arab Emirates

For the fourth consecutive year, the United Arab Emirates recorded growth in supplies from abroad of seed; lucerne (alfalfa) seed, of a kind used for sowings, which increased by 40% to 95 tons in 2022. In general, imports saw significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 71% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings soared to $664K in 2022. Over the period under review, imports continue to indicate a significant increase. 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 the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States11078.765.618418.7%
South SudanN/AN/A77.568.6-11.5%
Spain16.116.638.618.95.5%
PolandN/AN/AN/A15.00%
Saudi Arabia2.55.113.38.751.5%
Sudan0.20.98.46.9225.5%
Afghanistan4.42.70.45.15.0%
India7.91.42.20.4-63.0%
Others12422921435742.3%
Total26533442066435.8%

Top Suppliers of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing to the United Arab Emirates in 2022:

  1. South Sudan (22.3 tons)
  2. Spain (13.3 tons)
  3. United States (5.8 tons)
  4. Saudi Arabia (1.5 tons)
  5. Sudan (1.1 tons)
  6. Afghanistan (0.7 tons)
  7. Poland (0.7 tons)
  8. India (0.1 tons)

Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in the United Arab Emirates

In 2022, overseas shipments of seed; lucerne (alfalfa) seed, of a kind used for sowings decreased by -88% to 3.4 tons, falling for the second year in a row after two years of growth. In general, exports recorded a dramatic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 8.7% against the previous year. As a result, the exports attained the peak of 42 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of seed; lucerne (alfalfa) seed, of a kind used for sowings dropped remarkably to $15K in 2022. Over the period under review, exports recorded a dramatic descent. The smallest decline of -43.4% was in 2021.

Export of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia10143.815.55.8-61.4%
EgyptN/AN/AN/A1.40%
Sudan6.33.17.70.4-60.1%
Iran2.51.00.50.2-56.9%
UzbekistanN/AN/A9.9N/A0%
Oman0.32.12.6N/A194.4%
YemenN/AN/A0.4N/A0%
AfghanistanN/A7.0N/AN/A0%
Others11156.927.87.2-59.8%
Total22111464.415.0-59.2%

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

  1. Saudi Arabia (1078.0 kg)
  2. Egypt (481.0 kg)
  3. Iran (166.0 kg)
  4. Sudan (88.0 kg)
  5. Oman (16.0 kg)

Source: IndexBox Market Intelligence Platform

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