Price for Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Azerbaijan - 2023

Contents:

  1. Price for Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Azerbaijan (FOB) - 2022
  2. Price for Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Azerbaijan (CIF) - 2022
  3. Exports of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Azerbaijan
  4. Imports of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Azerbaijan

Price for Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Azerbaijan (FOB) - 2022

The average export price for seed; clover (trifolium spp.) seed, of a kind used for sowing stood at $1,800 per ton in 2022, growing by 69% against the previous year. Overall, the export price, however, saw a noticeable decrease. Over the period under review, the average export prices hit record highs at $3,011 per ton in 2014; however, from 2015 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 Georgia.

From 2012 to 2022, the rate of growth in terms of prices for Georgia amounted to -2.7% per year.

Price for Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Azerbaijan (CIF) - 2022

In 2022, the average import price for seed; clover (trifolium spp.) seed, of a kind used for sowing amounted to $4,513 per ton, which is down by -15% against the previous year. Overall, the import price, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2019 when the average import price increased by 273% against the previous year. As a result, import price reached the peak level of $5,746 per ton. From 2020 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($11,160 per ton), while the price for Italy ($3,757 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+841.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Azerbaijan

In 2022, overseas shipments of seed; clover (trifolium spp.) seed, of a kind used for sowing increased by 774% to 34 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of seed; clover (trifolium spp.) seed, of a kind used for sowing surged to $60K in 2022. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Georgia8.66.72.160.391.4%
United Arab EmiratesN/AN/A1.9N/A0%
OthersN/AN/AN/AN/A0%
Total8.66.74.160.391.4%

Top Export Markets for Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing from Azerbaijan in 2022:

  1. Georgia (33.5 tons)

Imports of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Azerbaijan

For the third consecutive year, Azerbaijan recorded decline in supplies from abroad of seed; clover (trifolium spp.) seed, of a kind used for sowing, which decreased by -27.6% to 3.1 tons in 2022. Overall, imports showed a abrupt decline. The smallest decline of -1.8% was in 2020.

In value terms, imports of seed; clover (trifolium spp.) seed, of a kind used for sowing declined significantly to $14K in 2022. In general, imports showed a significant decrease. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year.

Import of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy0.42.43.06.0146.6%
New ZealandN/AN/AN/A4.60%
Poland2.82.33.31.9-12.1%
Denmark10.63.57.40.9-56.0%
SwedenN/AN/AN/A0.60%
Czech Republic0.50.30.4N/A-10.6%
Turkey2.81.51.0N/A-40.2%
Others12.06.97.7N/A-19.9%
Total29.016.922.814.0-21.6%

Top Suppliers of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing to Azerbaijan in 2022:

  1. Italy (1599.0 kg)
  2. New Zealand (800.0 kg)
  3. Poland (500.0 kg)
  4. Denmark (160.0 kg)
  5. Sweden (50.0 kg)

Source: IndexBox Market Intelligence Platform

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