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

Contents:

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

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

In 2022, the average import price for seed; clover (trifolium spp.) seed, of a kind used for sowing amounted to $4,237 per ton, picking up by 12% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 20%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($5,477 per ton), while the price for the Czech Republic ($2,708 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.1%), 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 South Africa (FOB) - 2022

The average export price for seed; clover (trifolium spp.) seed, of a kind used for sowing stood at $1,053 per ton in 2022, shrinking by -88.4% against the previous year. Overall, the export price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 274%. Over the period under review, the average export prices reached the peak figure at $9,195 per ton in 2012; however, from 2013 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 Namibia.

From 2012 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to +31.9% per year.

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

In 2022, supplies from abroad of seed; clover (trifolium spp.) seed, of a kind used for sowing was finally on the rise to reach 130 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports recorded a notable expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of seed; clover (trifolium spp.) seed, of a kind used for sowing skyrocketed to $553K in 2022. In general, imports showed a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia38.621.361.827993.3%
United States12274.393.320819.5%
GermanyN/AN/AN/A39.50%
Denmark10.2N/AN/A12.46.7%
Czech Republic17.98.610.810.8-15.5%
New Zealand17913097.7N/A-26.1%
Others3.85.30.62.9-8.6%
Total37124026455314.2%

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

  1. Australia (72.5 tons)
  2. United States (38.0 tons)
  3. Germany (11.9 tons)
  4. Czech Republic (4.0 tons)
  5. Denmark (3.5 tons)

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

In 2022, shipments abroad of seed; clover (trifolium spp.) seed, of a kind used for sowing decreased by -48.2% to 2 tons, falling for the second consecutive year after two years of growth. Overall, exports saw a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year. As a result, the exports attained the peak of 4.4 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of seed; clover (trifolium spp.) seed, of a kind used for sowing dropped dramatically to $2.1K in 2022. In general, exports saw a sharp slump. The most prominent rate of growth was recorded in 2020 when exports increased by 124%. As a result, the exports attained the peak of $35K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Namibia6.3N/AN/A2.1-30.7%
MozambiqueN/AN/A9.0N/A0%
Democratic Republic of the Congo3.934.825.7N/A156.7%
Zambia4.20.3N/AN/A-92.9%
Others1.3N/A0.3N/A-52.0%
Total15.735.135.02.1-48.9%

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

  1. Namibia (1987.0 kg)

Source: IndexBox Market Intelligence Platform

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