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

Contents:

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

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

The average export price for seed; clover (trifolium spp.) seed, of a kind used for sowing stood at $1,811 per ton in 2022, declining by -16.3% against the previous year. Overall, the export price continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2014 an increase of 30%. Over the period under review, the average export prices hit record highs at $5,361 per ton in 2015; however, from 2016 to 2022, the export prices remained at a 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 Montenegro ($5,622 per ton), while the average price for exports to Romania ($1,044 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 Montenegro (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for seed; clover (trifolium spp.) seed, of a kind used for sowing stood at $3,931 per ton in 2022, growing by 21% against the previous year. Over the period under review, the import price recorded temperate growth. The growth pace was the most rapid in 2016 when the average import price increased by 101% against the previous year. As a result, import price reached the peak level of $5,422 per ton. From 2017 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Denmark amounted to -1.3% per year.

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

In 2022, shipments abroad of seed; clover (trifolium spp.) seed, of a kind used for sowing decreased by -20.9% to 70 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 24% against the previous year. As a result, the exports attained the peak of 125 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of seed; clover (trifolium spp.) seed, of a kind used for sowing shrank markedly to $126K in 2022. In general, exports faced a abrupt descent. The most prominent rate of growth was recorded in 2020 when exports increased by 7.9% against the previous year. As a result, the exports reached the peak of $247K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy39.295.613066.719.4%
PolandN/AN/A5.321.8311.3%
Bosnia and Herzegovina81.575.431.414.5-43.8%
Romania9.91.4N/A11.55.1%
North Macedonia5.37.64.18.918.9%
Croatia37.039.0N/AN/A5.4%
Netherlands41.3N/AN/AN/A0%
Others15.028.219.72.8-42.8%
Total229247191126-18.1%

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

  1. Italy (40.6 tons)
  2. Poland (13.0 tons)
  3. Romania (11.0 tons)
  4. Bosnia and Herzegovina (3.0 tons)
  5. North Macedonia (1.6 tons)

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

In 2022, purchases abroad of seed; clover (trifolium spp.) seed, of a kind used for sowing decreased by -66.9% to 15 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 301% against the previous year. As a result, imports reached the peak of 47 tons, and then fell rapidly in the following year.

In value terms, imports of seed; clover (trifolium spp.) seed, of a kind used for sowing shrank significantly to $60K in 2022. Over the period under review, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 193% against the previous year. As a result, imports reached the peak of $151K, and then dropped remarkably in the following year.

Import of Seed; Clover (Trifolium Spp.) Seed, of A Kind Used for Sowing in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.614.011760.4135.9%
RussiaN/AN/A7.2N/A0%
New Zealand9.623.8N/AN/A147.9%
Denmark14.7N/A15.6N/A3.0%
Czech Republic1.911.32.6N/A17.0%
ItalyN/A2.59.0N/A260.0%
OthersN/AN/AN/AN/A0%
Total30.851.515160.525.2%

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

  1. Germany (15.4 tons)

Source: IndexBox Market Intelligence Platform

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