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

Contents:

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

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

The average import price for seed; clover (trifolium spp.) seed, of a kind used for sowing stood at $3,978 per ton in 2022, growing by 13% against the previous year. Overall, the import price, however, continues to indicate a mild shrinkage. The import price peaked at $5,552 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 the Netherlands ($5,752 per ton), while the price for Lithuania ($3,586 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+22.8%), 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 Estonia (FOB) - 2022

The average export price for seed; clover (trifolium spp.) seed, of a kind used for sowing stood at $6,854 per ton in 2022, surging by 6.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2013 an increase of 21% against the previous year. The export price peaked at $6,945 per ton in 2014; afterwards, it flattened through to 2022.

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

From 2012 to 2022, the rate of growth in terms of prices for Finland amounted to +2.1% per year.

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

In 2022, imports of seed; clover (trifolium spp.) seed, of a kind used for sowing into Estonia surged to 163 tons, rising by 15% against 2021 figures. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 119%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of seed; clover (trifolium spp.) seed, of a kind used for sowing soared to $650K in 2022. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 90% against the previous year. Over the period under review, imports of hit record highs 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 Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania21.713797.8259128.5%
Latvia3.910.3157247298.6%
NetherlandsN/A21.144.472.885.7%
Germany33.786.118262.022.5%
Denmark1419.119.59.3-59.6%
Canada131N/AN/AN/A0%
Others8.2N/A0.40.2-71.0%
Total34026350165024.1%

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

  1. Lithuania (72.3 tons)
  2. Latvia (65.3 tons)
  3. Netherlands (12.7 tons)
  4. Germany (11.2 tons)
  5. Denmark (2.0 tons)

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

For the fourth consecutive year, Estonia recorded growth in shipments abroad of seed; clover (trifolium spp.) seed, of a kind used for sowing, which increased by 75% to 17 tons in 2022. Overall, exports saw a significant increase. 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 skyrocketed to $117K in 2022. In general, exports posted a significant increase. 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 Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland36.341.861.711647.3%
Others3.62.30.90.8-39.4%
Total39.944.162.611743.1%

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

  1. Finland (16.8 tons)

Source: IndexBox Market Intelligence Platform

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