Price for Seed; Fescue, of A Kind Used for Sowing in Brazil - 2024

Contents:

  1. Price for Seed; Fescue, of A Kind Used for Sowing in Brazil (CIF) - 2024
  2. Price for Seed; Fescue, of A Kind Used for Sowing in Brazil (FOB) - 2022
  3. Imports of Seed; Fescue, of A Kind Used for Sowing in Brazil
  4. Exports of Seed; Fescue, of A Kind Used for Sowing in Brazil

Price for Seed; Fescue, of A Kind Used for Sowing in Brazil (CIF) - 2024

In February 2024, the average import price for seed; fescue, of a kind used for sowings amounted to $4,751 per ton, surging by 15% against the previous month. Over the period under review, the import price enjoyed temperate growth. The most prominent rate of growth was recorded in January 2024 when the average import price increased by 18% against the previous month. The import price peaked at $4,843 per ton in August 2023; afterwards, it flattened through to February 2024.

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

From March 2023 to February 2024, the rate of growth in terms of prices for Uruguay amounted to +4.0% per month.

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

In 2022, the average export price for seed; fescue, of a kind used for sowings amounted to $3,144 per ton, leveling off at the previous year. In general, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $3,240 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($3,196 per ton), while the average price for exports to Luxembourg stood at $1,397 per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+12.6%).

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

In 2022, supplies from abroad of seed; fescue, of a kind used for sowings decreased by -34.4% to 63 tons, falling for the second consecutive year after two years of growth. Overall, imports showed a deep slump. The most prominent rate of growth was recorded in 2020 when imports increased by 54% against the previous year. As a result, imports attained the peak of 144 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of seed; fescue, of a kind used for sowings fell markedly to $187K in 2022. Over the period under review, imports saw a abrupt setback. The pace of growth was the most pronounced in 2020 with an increase of 54%. As a result, imports reached the peak of $419K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Seed; Fescue, of A Kind Used for Sowing in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uruguay273419286187-11.8%
OthersN/AN/AN/AN/A0%
Total273419286187-11.8%

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

  1. Uruguay (63.4 tons)

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

In 2022, approx. 11 tons of seed; fescue, of a kind used for sowings were exported from Brazil; with a decrease of -50% on 2021 figures. Overall, exports saw a sharp setback.

In value terms, exports of seed; fescue, of a kind used for sowings fell rapidly to $34K in 2022. Over the period under review, exports continue to indicate a sharp setback.

Export of Seed; Fescue, of A Kind Used for Sowing in Brazil (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
South Africa10.733.2210.3%
LuxembourgN/A0.40%
Argentina27.4N/A0%
Uruguay8.5N/A0%
Netherlands20.6N/A0%
OthersN/AN/A0%
Total67.333.6-50.1%

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

  1. South Africa (10.4 tons)
  2. Luxembourg (0.3 tons)

Source: IndexBox Market Intelligence Platform

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