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

Contents:

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

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

The average import price for seed; clover (trifolium spp.) seed, of a kind used for sowing stood at $3,181 per ton in September 2023, with an increase of 1.7% against the previous month. Overall, the import price, however, saw a slight shrinkage. The pace of growth was the most pronounced in February 2023 an increase of 752% m-o-m. As a result, import price attained the peak level of $17,387 per ton. From March 2023 to September 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Portugal ($7,321 per ton), while the price for Italy ($2,809 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by New Zealand (+7.8%), 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 Spain (FOB) - 2022

The average export price for seed; clover (trifolium spp.) seed, of a kind used for sowing stood at $1,859 per ton in 2022, dropping by -52.2% against the previous year. Overall, the export price recorded a abrupt decrease. The pace of growth was the most pronounced in 2014 when the average export price increased by 132% against the previous year. Over the period under review, the average export prices hit record highs at $7,109 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($6,080 per ton), while the average price for exports to the Netherlands ($736 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+8.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, overseas purchases of seed; clover (trifolium spp.) seed, of a kind used for sowing decreased by -7.1% to 247 tons, falling for the second consecutive year after two years of growth. In general, imports saw a deep slump. The pace of growth appeared the most rapid in 2020 with an increase of 15%. As a result, imports attained the peak of 376 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of seed; clover (trifolium spp.) seed, of a kind used for sowing contracted to $798K in 2022. The total import value increased at an average annual rate of +2.0% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 11%.

Import of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy12895.132748255.6%
Netherlands17695.03322075.6%
Germany21.594.422.689.660.9%
Portugal20.924.160.019.8-1.8%
New Zealand76.631.972.6N/A-2.6%
Australia16012245.8N/A-46.5%
United States143136N/AN/A-4.9%
Others25.22330.90.3-77.2%
Total7518318607982.0%

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

  1. Italy (142.2 tons)
  2. Netherlands (84.0 tons)
  3. Germany (13.3 tons)
  4. Portugal (7.5 tons)

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

In 2022, approx. 147 tons of seed; clover (trifolium spp.) seed, of a kind used for sowing were exported from Spain; with an increase of 343% compared with the previous year's figure. In general, exports continue to indicate significant growth. As a result, the exports attained 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 $273K in 2022. Overall, exports enjoyed resilient 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 Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany18.05.8N/A14198.6%
NetherlandsN/AN/AN/A49.50%
BulgariaN/AN/AN/A13.90%
Italy23.931.714.611.1-22.6%
Portugal17.331.118.710.2-16.1%
Czech Republic64.072.76.09.2-47.6%
Andorra2.62.35.43.914.5%
Belgium22.521.224.83.8-44.7%
SlovakiaN/A8.4N/AN/A0%
PolandN/A33.0N/AN/A0%
Others14.732.759.430.527.5%
Total16323912927318.8%

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

  1. Netherlands (67.2 tons)
  2. Germany (47.1 tons)
  3. Czech Republic (9.2 tons)
  4. Bulgaria (7.1 tons)
  5. Portugal (5.0 tons)
  6. Italy (4.8 tons)
  7. Andorra (3.1 tons)
  8. Belgium (0.9 tons)

Source: IndexBox Market Intelligence Platform

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