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

Contents:

  1. Price for Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Lithuania (FOB) - 2023
  2. Price for Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Lithuania (CIF) - 2022
  3. Exports of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Lithuania
  4. Imports of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Lithuania

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

The average export price for seed; clover (trifolium spp.) seed, of a kind used for sowing stood at $3,752 per ton in October 2023, declining by -16.2% against the previous month. In general, the export price, however, enjoyed a tangible expansion. The growth pace was the most rapid in January 2023 when the average export price increased by 134% m-o-m. As a result, the export price reached the peak level of $6,375 per ton. From February 2023 to October 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was France ($5,561 per ton), while the average price for exports to the Czech Republic ($1,759 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+28.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for seed; clover (trifolium spp.) seed, of a kind used for sowing amounted to $3,948 per ton, growing by 27% against the previous year. In general, the import price, however, continues to indicate a mild decline. Over the period under review, average import prices hit record highs at $4,920 per ton in 2013; however, from 2014 to 2022, 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 the Czech Republic ($6,751 per ton), while the price for Romania ($2,640 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+92.7%), 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 Lithuania

In 2022, overseas shipments of seed; clover (trifolium spp.) seed, of a kind used for sowing decreased by -3.4% to 1.8K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 116% against the previous year. As a result, the exports attained the peak of 1.9K tons, and then reduced in the following year.

In value terms, exports of seed; clover (trifolium spp.) seed, of a kind used for sowing declined to $7.2M in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 121%. As a result, the exports attained the peak of $7.3M, and then reduced in the following year.

Export of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany7349312,1952,21844.6%
France8941,1451,9551,81826.7%
Italy3942001,7041,18544.3%
Netherlands56.119.690.835785.3%
Poland16847.631929020.0%
Estonia90.014114426242.8%
Finland18516773.82084.0%
BelgiumN/A150124144-2.0%
Czech Republic12121011196.6-7.2%
Belarus32642.459.188.5-35.2%
Others21226355751334.3%
Total3,1813,3177,3317,17931.2%

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

  1. Germany (530.6 tons)
  2. France (452.1 tons)
  3. Italy (343.8 tons)
  4. Netherlands (103.5 tons)
  5. Poland (92.2 tons)
  6. Estonia (71.5 tons)
  7. Finland (53.3 tons)
  8. Belgium (31.4 tons)
  9. Czech Republic (22.0 tons)
  10. Belarus (20.0 tons)

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

In 2022, supplies from abroad of seed; clover (trifolium spp.) seed, of a kind used for sowing decreased by -37.3% to 401 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2021 with an increase of 61% against the previous year. As a result, imports reached the peak of 640 tons, and then reduced rapidly in the following year.

In value terms, imports of seed; clover (trifolium spp.) seed, of a kind used for sowing contracted significantly to $1.6M in 2022. In general, imports, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 57% against the previous year. As a result, imports reached the peak of $2M, and then dropped remarkably in the following year.

Import of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia9.2503815789341.0%
Czech Republic10.918196.5297200.9%
Italy169210228159-2.0%
France23.996.762.212372.7%
Germany10696.518196.4-3.1%
RomaniaN/AN/A82.226.4-67.9%
Denmark30147.713724.2-56.8%
Poland121N/A1.97.7-60.1%
Russia10973.1340N/A76.6%
Others14958.650.062.9-25.0%
Total9981,2671,9931,58516.7%

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

  1. Latvia (238.3 tons)
  2. Czech Republic (44.0 tons)
  3. Italy (43.2 tons)
  4. France (26.9 tons)
  5. Germany (25.3 tons)
  6. Romania (10.0 tons)
  7. Denmark (5.0 tons)
  8. Poland (1.8 tons)

Source: IndexBox Market Intelligence Platform

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