Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Ukraine - 2024

Contents:

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

Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Ukraine (CIF) - 2022

The average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $4,666 per ton in 2022, falling by -4.4% against the previous year. Over the period under review, the import price recorded a slight setback. The pace of growth appeared the most rapid in 2016 when the average import price increased by 42% against the previous year. Over the period under review, average import prices attained the maximum at $6,049 per ton in 2014; however, from 2015 to 2022, import prices remained at a 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 Poland ($7,664 per ton), while the price for Hungary ($3,785 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+9.3%), 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 Ukraine (FOB) - 2022

In 2022, the average export price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $1,200 per ton, declining by -45.5% against the previous year. In general, the export price, however, saw resilient growth. The most prominent rate of growth was recorded in 2014 an increase of 281%. The export price peaked at $3,053 per ton in 2020; however, from 2021 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 Poland.

From 2013 to 2022, the rate of growth in terms of prices for Bulgaria amounted to +17.2% per year.

Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Ukraine

In 2022, approx. 109 tons of seed; lucerne (alfalfa) seed, of a kind used for sowings were imported into Ukraine; growing by 88% compared with 2021. In general, imports, however, continue to indicate a noticeable descent.

In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings surged to $510K in 2022. Over the period under review, total imports indicated perceptible growth from 2019 to 2022: its value increased at an average annual rate of +2.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -11.9% against 2020 indices.

Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/A0.6N/A1001191.0%
Hungary36.119.159.273.226.6%
Canada0.152.353.638.4626.8%
France45.50.16.927.4-15.6%
PolandN/AN/AN/A10.30%
SpainN/A0.1N/A5.0607.1%
Germany73.31973.90.7-78.8%
Serbia38.7N/A18.1N/A-31.6%
Netherlands45.319.2N/AN/A-57.6%
Others2392911432552.2%
Total4785792845102.2%

Top Suppliers of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing to Ukraine in 2022:

  1. Italy (21.0 tons)
  2. Hungary (19.4 tons)
  3. Canada (7.2 tons)
  4. France (4.7 tons)
  5. Poland (1.4 tons)
  6. Spain (1.0 tons)
  7. Germany (0.1 tons)

Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Ukraine

In 2022, the amount of seed; lucerne (alfalfa) seed, of a kind used for sowings exported from Ukraine declined sharply to 16 tons, which is down by -92.5% compared with the previous year's figure. Over the period under review, exports continue to indicate a dramatic contraction. The growth pace was the most rapid in 2021 with an increase of 1,579% against the previous year. As a result, the exports reached the peak of 218 tons, and then fell remarkably in the following year.

In value terms, exports of seed; lucerne (alfalfa) seed, of a kind used for sowings reduced rapidly to $20K in 2022. In general, exports showed a significant decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 1,111% against the previous year. As a result, the exports attained the peak of $481K, and then reduced rapidly in the following year.

Export of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland38.8N/A24419.7-20.2%
MoldovaN/A39.7232N/A484.4%
Georgia8.8N/AN/AN/A0%
OthersN/AN/A4.8N/A0%
Total47.639.748119.7-25.5%

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

  1. Poland (16.4 tons)

Source: IndexBox Market Intelligence Platform

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