Price for Seed; Fescue, of A Kind Used for Sowing in the Dominican Republic - 2022
Contents:
- Price for Seed; Fescue, of A Kind Used for Sowing in the Dominican Republic (CIF) - 2022
- Imports of Seed; Fescue, of A Kind Used for Sowing in the Dominican Republic
Price for Seed; Fescue, of A Kind Used for Sowing in the Dominican Republic (CIF) - 2022
The average import price for seed; fescue, of a kind used for sowings stood at $2,700 per ton in 2022, picking up by 14% against the previous year. Over the period under review, the import price posted a resilient increase. The pace of growth appeared the most rapid in 2021 an increase of 110% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -1.4% per year.
Imports of Seed; Fescue, of A Kind Used for Sowing in the Dominican Republic
In 2022, imports of seed; fescue, of a kind used for sowings into the Dominican Republic totaled 4.8 tons, increasing by 9.5% on the year before. Over the period under review, imports, however, showed a deep contraction. The pace of growth was the most pronounced in 2020 when imports increased by 31% against the previous year. As a result, imports reached the peak of 8.9 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of seed; fescue, of a kind used for sowings soared to $13K in 2022. The total import value increased at an average annual rate of +10.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Seed; Fescue, of A Kind Used for Sowing in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.6 | 10.0 | 5.0 | 5.6 | -16.4% |
| Others | N/A | N/A | 5.4 | 7.4 | 37.0% |
| Total | 9.6 | 10.0 | 10.5 | 13.0 | 10.6% |
Top Suppliers of Seed; Fescue, of A Kind Used for Sowing to the Dominican Republic in 2022:
- United States (4.8 tons)
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