Czech Republic: Market for Lucerne (Alfalfa) Meal And Pellets 2025

Market Size for Lucerne (Alfalfa) Meal And Pellets in the Czech Republic

In 2021, the Czech lucerne meal and pellets market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +2.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Production of Lucerne (Alfalfa) Meal And Pellets in the Czech Republic

In value terms, lucerne meal and pellets production dropped to $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the production volume increased by 19% against the previous year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Exports of Lucerne (Alfalfa) Meal And Pellets

Exports from the Czech Republic

In 2021, overseas shipments of lucerne (alfalfa) meal and pellets were finally on the rise to reach X tons after two years of decline. In general, exports, however, saw a noticeable decline. The pace of growth was the most pronounced in 2016 when exports increased by 50%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, lucerne meal and pellets exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +1.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of 50%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Croatia (X tons) was the main destination for lucerne meal and pellets exports from the Czech Republic, with a 50% share of total exports. Moreover, lucerne meal and pellets exports to Croatia exceeded the volume sent to the second major destination, Germany (X tons), threefold. Austria (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2021, the average annual growth rate of volume to Croatia stood at +8.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-9.5% per year) and Austria (-6.0% per year).

In value terms, Croatia ($X) remains the key foreign market for lucerne (alfalfa) meal and pellets exports from the Czech Republic, comprising 56% of total exports. The second position in the ranking was held by Austria ($X), with a 15% share of total exports. It was followed by Germany, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Croatia amounted to +14.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (-0.8% per year) and Germany (-6.8% per year).

Export Prices by Country

In 2021, the average lucerne meal and pellets export price amounted to $X per ton, growing by 15% against the previous year. Overall, export price indicated resilient growth from 2012 to 2021: its price increased at an average annual rate of +5.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, lucerne meal and pellets export price increased by +82.7% against 2017 indices. The most prominent rate of growth was recorded in 2020 an increase of 54% against the previous year. The export price peaked in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Slovakia ($X per ton), while the average price for exports to Serbia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lucerne (Alfalfa) Meal And Pellets

Imports into the Czech Republic

In 2021, the amount of lucerne (alfalfa) meal and pellets imported into the Czech Republic soared to X tons, jumping by 192% against 2020 figures. Over the period under review, imports enjoyed significant growth. The pace of growth was the most pronounced in 2018 when imports increased by 775% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, lucerne meal and pellets imports skyrocketed to $X in 2021. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2018 when imports increased by 957% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Italy (X tons), Austria (X tons) and Poland (X tons) were the main suppliers of lucerne meal and pellets imports to the Czech Republic, with a combined 93% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +125.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Italy ($X) and France ($X) were the largest lucerne meal and pellets suppliers to the Czech Republic, together comprising 91% of total imports.

Austria, with a CAGR of +64.9%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average lucerne meal and pellets import price stood at $X per ton in 2021, picking up by 6.7% against the previous year. In general, the import price, however, showed a slight decline. The pace of growth was the most pronounced in 2015 when the average import price increased by 141%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+24.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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