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

Contents:

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

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

In 2022, the average import price for seed; fescue, of a kind used for sowings amounted to $3,600 per ton, surging by 62% against the previous year. In general, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($4,543 per ton), while the price for Denmark ($2,992 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for seed; fescue, of a kind used for sowings amounted to $4,323 per ton, growing by 68% against the previous year. Over the period under review, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($4,464 per ton), while the average price for exports to Uruguay totaled $3,890 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+2.0%).

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

In 2022, after three years of growth, there was significant decline in supplies from abroad of seed; fescue, of a kind used for sowings, when their volume decreased by -53% to 1.2K tons. Over the period under review, imports, however, recorded a resilient increase. The pace of growth appeared the most rapid in 2021 when imports increased by 121% against the previous year. As a result, imports reached the peak of 2.5K tons, and then declined markedly in the following year.

In value terms, imports of seed; fescue, of a kind used for sowings fell notably to $4.3M in 2022. In general, imports, however, posted a strong increase. The growth pace was the most rapid in 2021 when imports increased by 115%. As a result, imports attained the peak of $5.7M, and then shrank remarkably in the following year.

Import of Seed; Fescue, of A Kind Used for Sowing in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uruguay9871,0302,8512,20130.6%
Denmark8277081,516808-0.8%
United States4556546806049.9%
SwedenN/A63.4256319124.3%
Czech Republic87.716927317525.9%
Canada1118.3N/A1110.0%
Others1572.091.485.7-18.3%
Total2,6242,6355,6684,30317.9%

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

  1. Uruguay (627.8 tons)
  2. Denmark (270.1 tons)
  3. United States (143.7 tons)
  4. Sweden (71.1 tons)
  5. Czech Republic (39.0 tons)
  6. Canada (24.4 tons)

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

In 2022, shipments abroad of seed; fescue, of a kind used for sowings was finally on the rise to reach 754 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports enjoyed a significant increase. 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 surged to $3.3M in 2022. Over the period under review, exports showed 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 Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A2,5390%
Uruguay7124583327220.5%
OthersN/AN/AN/AN/A0%
Total7124583323,26166.1%

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

  1. China (568.8 tons)
  2. Uruguay (185.6 tons)

Source: IndexBox Market Intelligence Platform

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