Price for Seed; Fescue, of A Kind Used for Sowing in Algeria - 2022

Contents:

  1. Price for Seed; Fescue, of A Kind Used for Sowing in Algeria (CIF) - 2022
  2. Imports of Seed; Fescue, of A Kind Used for Sowing in Algeria

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

The average import price for seed; fescue, of a kind used for sowings stood at $3,607 per ton in 2022, falling by -6.1% against the previous year. In general, the import price showed a perceptible reduction. The growth pace was the most rapid in 2019 when the average import price increased by 69% against the previous year. As a result, import price attained the peak level of $4,599 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($4,726 per ton), while the price for Spain ($2,578 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

After three years of growth, purchases abroad of seed; fescue, of a kind used for sowings decreased by -12.6% to 16 tons in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +12.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. As a result, imports reached the peak of 18 tons, and then fell in the following year.

In value terms, imports of seed; fescue, of a kind used for sowings shrank significantly to $57K in 2022. Overall, total imports indicated moderate growth from 2019 to 2022: its value increased at an average annual rate of +3.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +28.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 56% against the previous year. As a result, imports reached the peak of $70K, and then contracted dramatically in the following year.

Import of Seed; Fescue, of A Kind Used for Sowing in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France10.12.712.115.214.6%
Denmark11.211.914.511.1-0.3%
Italy10.510.410.77.3-11.4%
Spain5.05.46.14.3-4.9%
Others15.114.526.519.58.9%
Total51.944.869.957.43.4%

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

  1. Denmark (4.2 tons)
  2. France (3.2 tons)
  3. Italy (2.0 tons)
  4. Spain (1.7 tons)

Source: IndexBox Market Intelligence Platform

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