In 2021, Chinese imports of alfalfa pellets hit record levels of 52,254 metric tons (MT) and $13.66 million by value, increases of 62 percent and 70 percent respectively. The market is dominated by Spanish-origin pellets.
Post anticipates a larger supply for MY2020/21, as a wet spring boosted fodder yields in non-irrigated land. Spanish fodder continues consolidating its presence in Asian markets.
Spain’s dried fodder production forecast for MY 2015/16 is expected to reach 1.5 million MT.
International Agricultural Trade Report

Record Forage Exports Despite Record Domestic Prices

Rising global demand and higher prices drove U.S. hay exports to a record $1.25 billion in 2012.