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

Contents:

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

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

The average export price for seed; clover (trifolium spp.) seed, of a kind used for sowing stood at $1,000 per ton in 2022, waning by -92.2% against the previous year. In general, the export price recorded a deep setback. The growth pace was the most rapid in 2021 an increase of 41% against the previous year. As a result, the export price attained the peak level of $12,800 per ton, and then reduced sharply in the following year.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to +10.6% per year.

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

In 2022, the average import price for seed; clover (trifolium spp.) seed, of a kind used for sowing amounted to $12,844 per ton, approximately mirroring the previous year. Overall, the import price showed a noticeable increase. The growth pace was the most rapid in 2016 a decrease of -36.5%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($12,855 per ton), while the price for the United States amounted to $7,500 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+5.4%).

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

For the third consecutive year, Sri Lanka recorded decline in overseas shipments of seed; clover (trifolium spp.) seed, of a kind used for sowing, which decreased by -80% to 1 kg in 2022. Over the period under review, exports faced a significant decrease. The smallest decline of -64.3% was in 2021.

In value terms, exports of seed; clover (trifolium spp.) seed, of a kind used for sowing declined remarkably to $1 in 2022. Overall, exports showed a sharp downturn. The smallest decline of -49.6% was in 2021.

Export of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/AN/AN/A0%
Maldives15.40.10.1N/A-91.9%
OthersN/AN/AN/AN/A0%
Total15.40.10.1N/A-91.9%

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

  1. Germany (1.0 kg)

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

In 2022, after two years of decline, there was significant decline in supplies from abroad of seed; clover (trifolium spp.) seed, of a kind used for sowing, when their volume decreased by -50% to 1 tons. Overall, imports, however, saw a significant expansion.

In value terms, imports of seed; clover (trifolium spp.) seed, of a kind used for sowing reduced sharply to $13K in 2022. In general, imports, however, showed significant growth.

Import of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustraliaN/AN/A25.712.8-50.2%
OthersN/AN/AN/AN/A0%
TotalN/AN/A25.712.8-50.2%

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

  1. Australia (998.0 kg)

Source: IndexBox Market Intelligence Platform

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