Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Vietnam - 2022
Contents:
- Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Vietnam (CIF) - 2022
- Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Vietnam
Price for Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Vietnam (CIF) - 2022
The average import price for seed; lucerne (alfalfa) seed, of a kind used for sowings stood at $10,554 per ton in 2022, declining by -11% against the previous year. Over the period under review, the import price, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 53% against the previous year. Over the period under review, average import prices hit record highs at $11,862 per ton in 2021, and then declined in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($13,368 per ton), while the price for the United States totaled $8,404 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+72.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Vietnam
In 2022, overseas purchases of seed; lucerne (alfalfa) seed, of a kind used for sowings were finally on the rise to reach 157 kg for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a sharp downturn.
In value terms, imports of seed; lucerne (alfalfa) seed, of a kind used for sowings amounted to $1.7K in 2022. Over the period under review, imports, however, recorded a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 1.3%.
| Import of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1.5 | 1.0 | 0.9 | 0.9 | -15.7% |
| United States | 0.7 | 0.6 | 0.7 | 0.7 | 0.0% |
| Australia | 2.7 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.9 | 1.6 | 1.6 | 1.7 | -29.7% |
Top Suppliers of Seed; Lucerne (Alfalfa) Seed, of A Kind Used for Sowing to Vietnam in 2022:
- United States (89.0 kg)
- Italy (68.0 kg)
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