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

Contents:

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

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

The average import price for seed; fescue, of a kind used for sowings stood at $3,042 per ton in 2022, rising by 14% against the previous year. Over the last decade, it increased at an average annual rate of +3.4%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 19%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($3,093 per ton), while the price for Denmark totaled $2,930 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.5%), 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 Serbia (FOB) - 2022

The average export price for seed; fescue, of a kind used for sowings stood at $2,650 per ton in 2022, waning by -5% against the previous year. Over the period under review, the export price continues to indicate a perceptible descent. The pace of growth appeared the most rapid in 2021 when the average export price increased by 6.3% against the previous year. The export price peaked at $3,482 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Bosnia and Herzegovina ($3,123 per ton) and Denmark ($3,033 per ton), while the average price for exports to North Macedonia ($2,251 per ton) and Croatia ($2,360 per ton) were amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (-1.1%), while the prices for the other major destinations experienced a decline.

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

In 2022, approx. 33 tons of seed; fescue, of a kind used for sowings were imported into Serbia; with a decrease of -67.9% against 2021. Overall, imports recorded a precipitous descent. The pace of growth appeared the most rapid in 2021 with an increase of 60%. As a result, imports attained the peak of 102 tons, and then reduced sharply in the following year.

In value terms, imports of seed; fescue, of a kind used for sowings dropped markedly to $100K in 2022. Over the period under review, imports continue to indicate a deep reduction. The growth pace was the most rapid in 2021 with an increase of 91%. As a result, imports attained the peak of $273K, and then contracted remarkably in the following year.

Import of Seed; Fescue, of A Kind Used for Sowing in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany98.247.314369.6-10.8%
Denmark9.019.242.330.249.7%
Italy20.618.529.6N/A19.9%
Belarus13.819.62.3N/A-59.2%
Others46.238.855.8N/A9.9%
Total18814327399.8-19.0%

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

  1. Germany (22.5 tons)
  2. Denmark (10.3 tons)

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

Exports of seed; fescue, of a kind used for sowings from Serbia skyrocketed to 3.1 tons in 2022, picking up by 230% compared with the previous year. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 1,525% against the previous year. As a result, the exports reached the peak of 5.2 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of seed; fescue, of a kind used for sowings skyrocketed to $8.1K in 2022. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 1,236%. As a result, the exports reached the peak of $14K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Seed; Fescue, of A Kind Used for Sowing in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
DenmarkN/AN/AN/A1.60%
CroatiaN/AN/A0.91.344.4%
Montenegro0.13.90.51.1122.4%
Bosnia and Herzegovina0.77.30.10.84.6%
North Macedonia0.22.50.20.426.0%
OthersN/AN/A1.02.8180.0%
Total1.013.72.68.1100.8%

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

  1. Denmark (539.0 kg)
  2. Croatia (533.0 kg)
  3. Montenegro (467.0 kg)
  4. Bosnia and Herzegovina (268.0 kg)
  5. North Macedonia (187.0 kg)

Source: IndexBox Market Intelligence Platform

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