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

Contents:

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

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

In 2022, the average import price for seed; clover (trifolium spp.) seed, of a kind used for sowing amounted to $5,657 per ton, rising by 12% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 26% against the previous year. The import price peaked at $5,748 per ton in 2016; afterwards, it flattened through to 2022.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from France ($6,803 per ton) and New Zealand ($6,467 per ton), while the price for the United States ($5,435 per ton) and Australia ($5,676 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for seed; clover (trifolium spp.) seed, of a kind used for sowing stood at $51,577 per ton in 2022, picking up by 25% against the previous year. Overall, export price indicated strong growth from 2013 to 2022: its price increased at an average annual rate of +7.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for seed; clover (trifolium spp.) seed, of a kind used for sowing increased by +110.5% against 2016 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 45%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for France.

From 2013 to 2022, the rate of growth in terms of prices for the United States amounted to +10.6% per year.

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

Imports of seed; clover (trifolium spp.) seed, of a kind used for sowing into Japan declined dramatically to 236 tons in 2022, which is down by -19.3% compared with 2021. In general, imports recorded a deep slump. The growth pace was the most rapid in 2021 when imports increased by 19% against the previous year.

In value terms, imports of seed; clover (trifolium spp.) seed, of a kind used for sowing declined to $1.3M in 2022. The total import value increased at an average annual rate of +1.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 50% against the previous year. As a result, imports reached the peak of $1.5M, and then contracted in the following year.

Import of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States49236151294824.4%
New Zealand451484787263-16.5%
Australia24476.854.690.8-28.1%
France89.045.737.532.3-28.7%
Others14.615.378.4N/A131.7%
Total1,2909831,4701,3341.1%

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

  1. United States (174.3 tons)
  2. New Zealand (40.7 tons)
  3. Australia (16.0 tons)
  4. France (4.8 tons)

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

In 2022, the amount of seed; clover (trifolium spp.) seed, of a kind used for sowing exported from Japan contracted notably to 371 kg, waning by -44.9% on 2021 figures. Overall, exports faced a significant decrease. The pace of growth appeared the most rapid in 2021 with an increase of 184% against the previous year.

In value terms, exports of seed; clover (trifolium spp.) seed, of a kind used for sowing contracted notably to $19K in 2022. Over the period under review, exports faced a sharp descent. The pace of growth appeared the most rapid in 2021 when exports increased by 165%.

Export of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France16.010.511.119.16.1%
Germany2.6N/AN/AN/A0%
United Kingdom6.9N/AN/AN/A0%
Denmark2.7N/AN/AN/A0%
Singapore4.9N/AN/AN/A0%
Taiwan (Chinese)2.5N/AN/AN/A0%
United States16.4N/A16.7N/A0.9%
OthersN/AN/AN/AN/A0%
Total52.010.527.819.1-28.4%

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

  1. France (371.0 kg)

Source: IndexBox Market Intelligence Platform

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