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

Contents:

  1. Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Venezuela (CIF) - 2022
  2. Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Venezuela

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

The average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $5,110 per ton in 2022, reducing by -2.5% against the previous year. Over the period under review, the import price continues to indicate a deep setback. The pace of growth appeared the most rapid in 2015 a decrease of -1.5% against the previous year. Over the period under review, average import prices reached the peak figure at $8,920 per ton in 2012; however, from 2013 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 the United States ($17,477 per ton), while the price for Italy stood at $4,863 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.2%).

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

In 2022, the amount of seed; lucerne (alfalfa) seed, of a kind used for sowings imported into Venezuela dropped dramatically to 2.2 tons, which is down by -18.4% compared with 2021 figures. Overall, imports saw a abrupt contraction.

In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings shrank notably to $11K in 2022. Over the period under review, imports continue to indicate a significant contraction. The smallest decline of -20.4% was in 2021.

Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy20.016.313.210.7-18.8%
United States2.81.81.20.8-34.1%
OthersN/AN/AN/AN/A0%
Total22.818.114.411.5-20.4%

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

  1. Italy (2.2 tons)

Source: IndexBox Market Intelligence Platform

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