Price for Seed; Fescue, of A Kind Used for Sowing in Sweden - 2023

Contents:

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

Price for Seed; Fescue, of A Kind Used for Sowing in Sweden (FOB) - 2023

In November 2023, the average export price for seed; fescue, of a kind used for sowings amounted to $2,586 per ton, growing by 4.1% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in February 2023 an increase of 24% against the previous month. Over the period under review, the average export prices attained the maximum at $2,799 per ton in April 2023; however, from May 2023 to November 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($6,024 per ton), while the average price for exports to Germany ($2,128 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Seed; Fescue, of A Kind Used for Sowing in Sweden (CIF) - 2022

In 2022, the average import price for seed; fescue, of a kind used for sowings amounted to $2,435 per ton, picking up by 4% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 9.7%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($3,990 per ton), while the price for Latvia ($1,581 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Seed; Fescue, of A Kind Used for Sowing in Sweden

In 2022, exports of seed; fescue, of a kind used for sowings from Sweden skyrocketed to 5.4K tons, picking up by 63% compared with 2021. In general, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.2% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of seed; fescue, of a kind used for sowings soared to $13M in 2022. Over the period under review, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Seed; Fescue, of A Kind Used for Sowing in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.24.94.36.817.4%
Norway0.91.31.51.723.6%
France0.40.41.21.348.1%
Spain0.10.10.11.0115.4%
Finland0.50.60.30.711.9%
Netherlands0.20.30.20.535.7%
Denmark0.40.30.30.3-9.1%
ItalyN/A0.10.20.241.4%
Others0.10.20.40.791.3%
Total6.88.28.513.224.7%

Top Export Markets for Seed; Fescue, of A Kind Used for Sowing from Sweden in 2022:

  1. Germany (3178.4 tons)
  2. Spain (530.2 tons)
  3. France (486.9 tons)
  4. Norway (468.9 tons)
  5. Netherlands (245.2 tons)
  6. Finland (166.4 tons)
  7. Italy (79.6 tons)
  8. Denmark (57.3 tons)

Imports of Seed; Fescue, of A Kind Used for Sowing in Sweden

In 2022, purchases abroad of seed; fescue, of a kind used for sowings decreased by -5.1% to 1.1K tons, falling for the second year in a row after two years of growth. Overall, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 118% against the previous year. As a result, imports attained the peak of 1.3K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of seed; fescue, of a kind used for sowings shrank slightly to $2.6M in 2022. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 124% against the previous year. As a result, imports reached the peak of $2.7M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Seed; Fescue, of A Kind Used for Sowing in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark1,0342,3142,4592,09526.5%
Germany83.522069.511310.6%
United KingdomN/A2.010.3109638.2%
FinlandN/AN/AN/A81.60%
LatviaN/AN/AN/A54.50%
Others72.813373.812720.4%
Total1,1912,6692,6132,58029.4%

Top Suppliers of Seed; Fescue, of A Kind Used for Sowing to Sweden in 2022:

  1. Denmark (912.8 tons)
  2. Latvia (34.5 tons)
  3. Germany (31.2 tons)
  4. United Kingdom (27.4 tons)
  5. Finland (24.4 tons)

Source: IndexBox Market Intelligence Platform

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