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

Contents:

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

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

The average import price for seed; fescue, of a kind used for sowings stood at $2,328 per ton in 2022, surging by 4.6% against the previous year. Over the period under review, the import price, however, continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2014 an increase of 22% against the previous year. As a result, import price reached the peak level of $4,066 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Portugal amounted to -5.0% per year.

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

In 2022, approx. 1.9 tons of seed; fescue, of a kind used for sowings were imported into Angola; with an increase of 6.7% compared with 2021. The total import volume increased at an average annual rate of +10.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 15% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, imports of seed; fescue, of a kind used for sowings rose remarkably to $4.4K in 2022. The total import value increased at an average annual rate of +11.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 12%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Seed; Fescue, of A Kind Used for Sowing in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal3.13.53.94.412.4%
OthersN/AN/AN/AN/A0%
Total3.13.53.94.412.4%

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

  1. Portugal (1.9 tons)

Source: IndexBox Market Intelligence Platform

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