Price for Seed; Fescue, of A Kind Used for Sowing in Finland - 2023
Contents:
- Price for Seed; Fescue, of A Kind Used for Sowing in Finland (CIF) - 2023
- Price for Seed; Fescue, of A Kind Used for Sowing in Finland (FOB) - 2022
- Imports of Seed; Fescue, of A Kind Used for Sowing in Finland
- Exports of Seed; Fescue, of A Kind Used for Sowing in Finland
Price for Seed; Fescue, of A Kind Used for Sowing in Finland (CIF) - 2023
The average import price for seed; fescue, of a kind used for sowings stood at $3,549 per ton in October 2023, with an increase of 3% against the previous month. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 an increase of 28% against the previous month. As a result, import price attained the peak level of $4,312 per ton. From December 2022 to October 2023, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Sweden ($3,768 per ton), while the price for Denmark totaled $3,439 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Estonia (+4.1%), 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 Finland (FOB) - 2022
The average export price for seed; fescue, of a kind used for sowings stood at $3,204 per ton in 2022, declining by -20.5% against the previous year. Over the period under review, the export price continues to indicate a pronounced decrease. The pace of growth was the most pronounced in 2018 an increase of 1,873% against the previous year. The export price peaked at $7,784 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($13,087 per ton), while the average price for exports to Russia ($3,000 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+98.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Seed; Fescue, of A Kind Used for Sowing in Finland
For the fourth year in a row, Finland recorded growth in supplies from abroad of seed; fescue, of a kind used for sowings, which increased by 45% to 1.4K tons in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +18.0% 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 +64.2% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of seed; fescue, of a kind used for sowings surged to $4.7M in 2022. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Seed; Fescue, of A Kind Used for Sowing in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 1,116 | 1,108 | 1,764 | 2,607 | 32.7% |
| Sweden | 435 | 600 | 499 | 1,102 | 36.3% |
| Netherlands | 505 | 369 | 411 | 617 | 6.9% |
| Estonia | 119 | 223 | 150 | 183 | 15.4% |
| Germany | 53.2 | 1.0 | 12.8 | 115 | 29.3% |
| Others | N/A | 151 | 81.6 | 47.0 | -44.2% |
| Total | 2,228 | 2,452 | 2,918 | 4,670 | 28.0% |
Top Suppliers of Seed; Fescue, of A Kind Used for Sowing to Finland in 2022:
- Denmark (765.1 tons)
- Sweden (310.8 tons)
- Netherlands (197.9 tons)
- Estonia (79.9 tons)
- Germany (27.7 tons)
Exports of Seed; Fescue, of A Kind Used for Sowing in Finland
For the fourth consecutive year, Finland recorded growth in overseas shipments of seed; fescue, of a kind used for sowings, which increased by 16% to 49 tons in 2022. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 6,845%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, exports of seed; fescue, of a kind used for sowings fell to $158K in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 3,610% against the previous year. As a result, the exports reached the peak of $172K, and then shrank in the following year.
| Export of Seed; Fescue, of A Kind Used for Sowing in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | N/A | N/A | N/A | 80.1 | 0% |
| Russia | N/A | N/A | N/A | 73.8 | 0% |
| Norway | N/A | N/A | 166 | N/A | 0% |
| Others | 4.2 | 4.6 | 6.0 | 4.5 | 2.3% |
| Total | 4.2 | 4.6 | 172 | 158 | 235.1% |
Top Export Markets for Seed; Fescue, of A Kind Used for Sowing from Finland in 2022:
- Russia (24.6 tons)
- Sweden (24.1 tons)
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