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

Contents:

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

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

In 2022, the average import price for seed; clover (trifolium spp.) seed, of a kind used for sowing amounted to $4,688 per ton, picking up by 22% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The import price peaked at $4,753 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($7,324 per ton), while the price for the United States ($3,600 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.7%), 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 Uruguay (FOB) - 2022

In 2022, the average export price for seed; clover (trifolium spp.) seed, of a kind used for sowing amounted to $2,708 per ton, almost unchanged from the previous year. In general, the export price, however, showed a deep contraction. The pace of growth was the most pronounced in 2018 when the average export price increased by 5% against the previous year. The export price peaked at $5,037 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($5,684 per ton), while the average price for exports to Italy ($1,467 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 Germany (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of seed; clover (trifolium spp.) seed, of a kind used for sowing imported into Uruguay reduced to 271 tons, which is down by -7% against the previous year's figure. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 58%. As a result, imports attained the peak of 292 tons, and then reduced in the following year.

In value terms, imports of seed; clover (trifolium spp.) seed, of a kind used for sowing rose remarkably to $1.3M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +8.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +100.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 76% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina7655678621,16615.1%
United StatesN/AN/A64.954.0-16.8%
France2.75.536.441.7149.0%
AustraliaN/AN/A1561.4-99.1%
Chile89.00.9N/AN/A-99.0%
Others14762.1N/A9.1-60.4%
Total1,0036351,1201,2728.2%

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

  1. Argentina (248.4 tons)
  2. United States (15.0 tons)
  3. France (5.7 tons)
  4. Australia (0.3 tons)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of seed; clover (trifolium spp.) seed, of a kind used for sowing, when their volume decreased by -28.1% to 415 tons. Overall, exports, however, posted a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 93% against the previous year.

In value terms, exports of seed; clover (trifolium spp.) seed, of a kind used for sowing shrank markedly to $1.1M in 2022. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 79%.

Export of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil36347248668223.4%
France35.414425827397.6%
Germany29.929.2N/A71.033.4%
Netherlands26.210.965.941.316.4%
Italy10.927229634.647.0%
Argentina10468.32569.2-55.4%
Others43.410119211.6-35.6%
Total6141,0961,5531,12322.3%

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

  1. Brazil (175.7 tons)
  2. France (151.4 tons)
  3. Germany (34.5 tons)
  4. Netherlands (24.8 tons)
  5. Italy (23.6 tons)
  6. Argentina (1.6 tons)

Source: IndexBox Market Intelligence Platform

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