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

Contents:

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

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

The average import price for seed; fescue, of a kind used for sowings stood at $2,773 per ton in 2022, increasing by 50% against the previous year. Overall, the import price enjoyed a buoyant expansion. The growth pace was the most rapid in 2014 an increase of 91%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($3,017 per ton) and the United States ($2,971 per ton), while the price for Denmark ($2,616 per ton) and the UK ($2,925 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+17.1%), 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 Ireland (FOB) - 2022

The average export price for seed; fescue, of a kind used for sowings stood at $2,601 per ton in 2022, dropping by -12.4% against the previous year. Over the period under review, the export price saw a perceptible setback. The pace of growth was the most pronounced in 2013 when the average export price increased by 78%. As a result, the export price reached the peak level of $6,123 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($3,112 per ton), while the average price for exports to the UK ($2,513 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-6.7%).

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

For the fourth year in a row, Ireland recorded growth in overseas purchases of seed; fescue, of a kind used for sowings, which increased by 1.9% to 843 tons in 2022. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +14.0% 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 +48.2% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 26% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of seed; fescue, of a kind used for sowings soared to $2.3M in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.5% 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 +79.6% against 2019 indices. 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 Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark5045229741,19833.5%
Germany17729934861351.3%
United Kingdom45842346.9365-7.3%
United StatesN/A10923.589.0-9.6%
Others16320213473.8-23.2%
Total1,3021,5551,5272,33821.5%

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

  1. Denmark (457.9 tons)
  2. Germany (203.0 tons)
  3. United Kingdom (124.7 tons)
  4. United States (29.9 tons)

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

After two years of decline, shipments abroad of seed; fescue, of a kind used for sowings increased by 649% to 18 tons in 2022. Over the period under review, exports showed significant growth. As a result, the exports attained 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 skyrocketed to $48K in 2022. Overall, exports posted a remarkable increase. 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 Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom36.014.27.336.50.5%
FranceN/AN/AN/A6.80%
SwedenN/AN/AN/A4.30%
OthersN/AN/AN/A0.20%
Total36.014.27.347.89.9%

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

  1. United Kingdom (14.5 tons)
  2. France (2.2 tons)
  3. Sweden (1.6 tons)

Source: IndexBox Market Intelligence Platform

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