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

Contents:

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

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

In November 2023, the average import price for seed; fescue, of a kind used for sowings amounted to $2,386 per ton, declining by -25.7% against the previous month. Over the period under review, the import price recorded a pronounced curtailment. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 20% month-to-month. As a result, import price reached the peak level of $3,563 per ton. From October 2023 to November 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was France ($3,974 per ton), while the price for Sweden ($2,251 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 the United States (+17.8%), 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 Spain (FOB) - 2023

The average export price for seed; fescue, of a kind used for sowings stood at $2,934 per ton in November 2023, rising by 12% against the previous month. Overall, the export price recorded a prominent increase. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 167% against the previous month. The export price peaked at $4,658 per ton in August 2023; however, from September 2023 to November 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was Slovenia ($6,241 per ton), while the average price for exports to France ($679 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 France (+4.1%), 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 Spain

In 2022, approx. 2.2K tons of seed; fescue, of a kind used for sowings were imported into Spain; growing by 33% against the previous year's figure. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +22.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.5% against 2019 indices. As a result, imports reached 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 soared to $5.8M in 2022. In general, imports posted a significant increase. 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 Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,3031,1881,5902,14418.1%
Sweden99.911675.71,043118.6%
Netherlands862602288805-2.3%
Germany12638343243150.7%
CanadaN/A40.1344382208.6%
France16656439127618.5%
Italy14211833427224.2%
Others41.559.3172412114.9%
Total2,7403,0713,6265,76428.1%

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

  1. United States (709.0 tons)
  2. Sweden (522.4 tons)
  3. Netherlands (317.8 tons)
  4. France (166.5 tons)
  5. Germany (148.7 tons)
  6. Canada (131.0 tons)
  7. Italy (76.3 tons)

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

In 2022, exports of seed; fescue, of a kind used for sowings from Spain soared to 2.1K tons, increasing by 30% on the previous year's figure. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 54% against the previous year. The exports peaked 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 skyrocketed to $5.2M in 2022. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 76%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Seed; Fescue, of A Kind Used for Sowing in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey98.537.51,0771,473146.4%
France41453248483526.3%
Italy5795997705830.2%
Portugal4573866184570.0%
United Arab EmiratesN/AN/A112426280.4%
IsraelN/AN/A0.620534066.7%
Germany80.258.822216727.7%
Morocco14283.8128101-10.7%
PolandN/A11091.986.8-11.2%
Others53059772885517.3%
Total2,3002,4034,2305,18931.2%

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

  1. France (806.0 tons)
  2. Turkey (462.1 tons)
  3. Italy (184.4 tons)
  4. Portugal (131.5 tons)
  5. United Arab Emirates (121.0 tons)
  6. Germany (50.9 tons)
  7. Israel (50.0 tons)
  8. Poland (35.4 tons)
  9. Morocco (26.9 tons)

Source: IndexBox Market Intelligence Platform

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