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

Contents:

  1. Price for Seed; Fescue, of A Kind Used for Sowing in France (CIF) - 2023
  2. Price for Seed; Fescue, of A Kind Used for Sowing in France (FOB) - 2023
  3. Imports of Seed; Fescue, of A Kind Used for Sowing in France
  4. Exports of Seed; Fescue, of A Kind Used for Sowing in France

Price for Seed; Fescue, of A Kind Used for Sowing in France (CIF) - 2023

In November 2023, the average import price for seed; fescue, of a kind used for sowings amounted to $2,440 per ton, shrinking by -7.6% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in August 2023 an increase of 24% against the previous month. As a result, import price reached the peak level of $3,803 per ton. From September 2023 to November 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Germany ($4,878 per ton), while the price for the Czech Republic ($1,134 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.9%), 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 France (FOB) - 2023

The average export price for seed; fescue, of a kind used for sowings stood at $4,260 per ton in November 2023, shrinking by -2% against the previous month. In general, the export price, however, showed a remarkable increase. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 74% month-to-month. As a result, the export price attained the peak level of $7,771 per ton. From June 2023 to November 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was the Netherlands ($7,912 per ton), while the average price for exports to Italy ($3,435 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+12.6%), 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 France

In 2022, the amount of seed; fescue, of a kind used for sowings imported into France contracted to 5.7K tons, which is down by -12.9% on 2021 figures. The total import volume increased at an average annual rate of +2.1% over the period 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 2021 with an increase of 41% against the previous year. As a result, imports reached the peak of 6.6K tons, and then dropped in the following year.

In value terms, imports of seed; fescue, of a kind used for sowings contracted significantly to $15M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +6.8% 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 +30.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 57%. As a result, imports reached the peak of $18M, and then reduced notably in the following year.

Import of Seed; Fescue, of A Kind Used for Sowing in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark4.73.33.54.4-2.2%
Germany1.12.24.93.242.8%
Netherlands4.23.24.23.1-9.6%
Sweden0.30.21.31.571.0%
New Zealand1.21.01.31.45.3%
Spain0.40.30.60.826.0%
Italy0.10.30.60.344.2%
Poland0.20.20.50.20.0%
Others0.20.91.30.535.7%
Total12.511.618.315.26.7%

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

  1. Denmark (1921.5 tons)
  2. Netherlands (1222.3 tons)
  3. Germany (936.1 tons)
  4. Sweden (607.2 tons)
  5. New Zealand (464.3 tons)
  6. Spain (226.8 tons)
  7. Italy (119.5 tons)
  8. Poland (54.3 tons)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of seed; fescue, of a kind used for sowings, when their volume decreased by -20.1% to 1.1K tons. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +15.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 50% against the previous year. As a result, the exports reached the peak of 1.4K tons, and then reduced dramatically in the following year.

In value terms, exports of seed; fescue, of a kind used for sowings fell markedly to $4.3M in 2022. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 200%. As a result, the exports reached the peak of $6.8M, and then dropped notably in the following year.

Export of Seed; Fescue, of A Kind Used for Sowing in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1464753,9481,584121.4%
Netherlands978759380903-2.6%
Poland0.473.61,0947921155.7%
Italy11512421934043.5%
AustriaN/A1.2224129936.8%
Czech Republic5.19.924375.6145.7%
SlovakiaN/A1.782.844.1409.3%
Denmark6.014.47.042.992.6%
United Kingdom1673170.642.4-36.7%
Switzerland75.219317319.3-36.5%
Belgium78.776.81368.5-52.4%
Others14620925728525.0%
Total1,7182,2566,7634,26635.4%

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

  1. Netherlands (393.3 tons)
  2. Germany (258.9 tons)
  3. Italy (135.9 tons)
  4. Poland (107.3 tons)
  5. Austria (39.5 tons)
  6. Czech Republic (21.0 tons)
  7. Denmark (21.0 tons)
  8. Slovakia (20.9 tons)
  9. United Kingdom (15.0 tons)
  10. Switzerland (4.0 tons)
  11. Belgium (1.6 tons)

Source: IndexBox Market Intelligence Platform

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