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

Contents:

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

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

The average import price for seed; clover (trifolium spp.) seed, of a kind used for sowing stood at $7,195 per ton in 2022, rising by 47% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +8.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the average import price increased by 73%. The import price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($8,756 per ton), while the price for Germany ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, purchases abroad of seed; clover (trifolium spp.) seed, of a kind used for sowing decreased by -90.8% to 3.3 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports showed a dramatic decrease. The pace of growth was the most pronounced in 2021 when imports increased by 77%. As a result, imports attained the peak of 35 tons, and then dropped notably in the following year.

In value terms, imports of seed; clover (trifolium spp.) seed, of a kind used for sowing contracted markedly to $23K in 2022. In general, imports recorded a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 70% against the previous year. As a result, imports reached the peak of $173K, and then reduced sharply in the following year.

Import of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark16.018.039.317.32.6%
LatviaN/AN/AN/A3.20%
New ZealandN/AN/A11.11.4-87.4%
Netherlands1.0N/AN/A0.9-3.5%
Germany56.978.3103N/A34.5%
BelarusN/AN/A11.2N/A0%
LithuaniaN/AN/A9.0N/A0%
OthersN/A5.8N/A0.6-67.8%
Total73.910217323.5-31.7%

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

  1. Denmark (2432.0 kg)
  2. Latvia (500.0 kg)
  3. New Zealand (160.0 kg)
  4. Netherlands (150.0 kg)
  5. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform

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