Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Uruguay - 2023
Contents:
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Uruguay (FOB) - 2022
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Uruguay (CIF) - 2022
- Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Uruguay
- Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Uruguay
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Uruguay (FOB) - 2022
In 2022, the average export price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $4,602 per ton, increasing by 14% against the previous year. Over the period under review, the export price, however, continues to indicate a slight setback. The growth pace was the most rapid in 2013 an increase of 27%. The export price peaked at $17,335 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($5,250 per ton), while the average price for exports to Argentina ($3,655 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 South Africa (+20.1%), while the prices for the other major destinations experienced a decline.
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Uruguay (CIF) - 2022
In 2022, the average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $4,447 per ton, surging by 10% against the previous year. Overall, the import price, however, recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2015 when the average import price increased by 10% against the previous year. Over the period under review, average import prices hit record highs at $5,898 per ton in 2016; however, from 2017 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 Australia ($6,607 per ton), while the price for France totaled $4,107 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Uruguay
In 2022, overseas shipments of seed; lucerne (alfalfa) seed, of a kind used for sowings decreased by -50.7% to 301 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 930%.
In value terms, exports of seed; lucerne (alfalfa) seed, of a kind used for sowings declined remarkably to $1.4M in 2022. In general, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 458% against the previous year.
| Export of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | N/A | 528 | 768 | 673 | 12.9% |
| Brazil | 81.9 | N/A | 112 | 17.9 | -39.8% |
| Argentina | 39.9 | 116 | 354 | 1.0 | -70.7% |
| Others | 122 | 714 | 1,234 | 692 | 78.3% |
| Total | 244 | 1,358 | 2,468 | 1,383 | 78.3% |
Top Export Markets for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing from Uruguay in 2022:
- South Africa (146.5 tons)
- Brazil (3.4 tons)
- Argentina (0.3 tons)
Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Uruguay
Imports of seed; lucerne (alfalfa) seed, of a kind used for sowings into Uruguay shrank dramatically to 57 tons in 2022, declining by -60.5% against 2021 figures. In general, imports showed a precipitous contraction. The smallest decline of -5.4% was in 2021.
In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings fell sharply to $252K in 2022. Over the period under review, imports faced a dramatic shrinkage. The smallest decline of -11.1% was in 2021.
| Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 507 | 183 | 195 | 81.4 | -45.6% |
| Australia | 0.2 | N/A | N/A | 24.2 | 394.6% |
| Argentina | 245 | 51.0 | 93.4 | N/A | -38.3% |
| United States | 98.8 | N/A | N/A | N/A | 0% |
| Italy | 111 | 90.3 | N/A | N/A | -18.6% |
| Canada | 70.3 | N/A | N/A | N/A | 0% |
| Others | 1,033 | 324 | 288 | 146 | -47.9% |
| Total | 2,065 | 648 | 576 | 252 | -50.4% |
Top Suppliers of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing to Uruguay in 2022:
- France (19.8 tons)
- Australia (3.7 tons)
350
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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 Uruguay.
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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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