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

Contents:

  1. Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Uzbekistan (CIF) - 2024
  2. Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Uzbekistan (FOB) - 2022
  3. Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Uzbekistan
  4. Exports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Uzbekistan

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

The average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $4,580 per ton in May 2023, increasing by 245% against the previous month. In general, the import price saw a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Spain ($7,312 per ton), while the price for Turkey ($1,266 per ton) was amongst the lowest.

From February 2023 to May 2023, the most notable rate of growth in terms of prices was attained by Iran (+0.2%), 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 Uzbekistan (FOB) - 2022

The average export price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $127 per ton in 2022, declining by -96.9% against the previous year. Over the period under review, the export price faced a sharp setback. The pace of growth appeared the most rapid in 2021 when the average export price increased by 262%. As a result, the export price attained the peak level of $4,155 per ton, and then plummeted in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Tajikistan ($127 per ton), while the average price for exports to Azerbaijan stood at $127 per ton.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (-66.7%).

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

In 2022, the amount of seed; lucerne (alfalfa) seed, of a kind used for sowings imported into Uzbekistan soared to 653 tons, rising by 148% compared with the previous year's figure. Over the period under review, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings surged to $2.4M in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports reached 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 Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy13934231082080.7%
AzerbaijanN/AN/AN/A1940%
Turkey5.111.524.5137199.5%
Spain99.685.667.81072.4%
Kazakhstan7.46.85.75.3-10.5%
United Arab EmiratesN/AN/A130N/A0%
Others2915304461,09455.5%
Total5429769832,35663.2%

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

  1. Italy (250.0 tons)
  2. Turkey (133.4 tons)
  3. Azerbaijan (34.1 tons)
  4. Spain (14.6 tons)
  5. Kazakhstan (2.4 tons)

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

In 2022, exports of seed; lucerne (alfalfa) seed, of a kind used for sowings from Uzbekistan expanded notably to 18 tons, with an increase of 8.7% on the year before. Over the period under review, exports, however, showed a deep setback.

In value terms, exports of seed; lucerne (alfalfa) seed, of a kind used for sowings contracted rapidly to $2.3K in 2022. In general, exports, however, continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 131% against the previous year. As a result, the exports attained the peak of $69K, and then shrank remarkably in the following year.

Export of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Uzbekistan (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Azerbaijan14.927.22.2-61.6%
TajikistanN/AN/A0.10%
PakistanN/A7.1N/A0%
Others14.934.60.1-91.8%
Total29.968.92.3-72.3%

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

  1. Azerbaijan (17.0 tons)
  2. Tajikistan (0.5 tons)

Source: IndexBox Market Intelligence Platform

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