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

Contents:

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

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

In August 2023, the average import price for seed; clover (trifolium spp.) seed, of a kind used for sowing amounted to $5,133 per ton, remaining relatively unchanged against the previous month. Overall, the import price, however, showed a mild slump. The pace of growth was the most pronounced in January 2023 an increase of 93% against the previous month. The import price peaked at $6,361 per ton in August 2022; however, from September 2022 to August 2023, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In August 2023, the country with the highest price was Italy ($5,747 per ton), while the price for Austria ($4,199 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Denmark (+6.9%), 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 Romania (FOB) - 2022

In 2022, the average export price for seed; clover (trifolium spp.) seed, of a kind used for sowing amounted to $1,760 per ton, surging by 49% against the previous year. Overall, the export price, however, recorded a abrupt contraction. Over the period under review, the average export prices hit record highs at $6,655 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($7,118 per ton), while the average price for exports to Lithuania ($1,312 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 Hungary (+4.6%), 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 Romania

In 2022, approx. 331 tons of seed; clover (trifolium spp.) seed, of a kind used for sowing were imported into Romania; which is down by -22.6% compared with the previous year's figure. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 48%. As a result, imports attained the peak of 428 tons, and then dropped rapidly in the following year.

In value terms, imports of seed; clover (trifolium spp.) seed, of a kind used for sowing shrank to $1.2M in 2022. The total import value increased at an average annual rate of +5.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 31% against the previous year. As a result, imports reached the peak of $1.3M, and then reduced in the following year.

Import of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy544583581458-5.6%
Denmark88.887.061.619930.9%
Germany253156285145-16.9%
BulgariaN/A11.5205138246.4%
Poland91.098.411812912.3%
LithuaniaN/A7.840.470.2200.0%
Others39.063.431.045.15.0%
Total1,0161,0071,3211,1835.2%

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

  1. Italy (146.9 tons)
  2. Poland (44.0 tons)
  3. Germany (41.4 tons)
  4. Denmark (38.1 tons)
  5. Bulgaria (36.0 tons)
  6. Lithuania (17.1 tons)

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

In 2022, overseas shipments of seed; clover (trifolium spp.) seed, of a kind used for sowing decreased by -52.3% to 117 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 103,289% against the previous year. As a result, the exports reached the peak of 246 tons, and then fell markedly in the following year.

In value terms, exports of seed; clover (trifolium spp.) seed, of a kind used for sowing reduced rapidly to $206K in 2022. In general, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 18,303% against the previous year. As a result, the exports attained the peak of $292K, and then declined significantly in the following year.

Export of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/A208194-6.7%
LithuaniaN/AN/A82.79.9-88.0%
Others0.51.61.22.673.2%
Total0.51.6292206644.1%

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

  1. Italy (109.4 tons)
  2. Lithuania (7.5 tons)

Source: IndexBox Market Intelligence Platform

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