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

Contents:

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

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

In November 2023, the average import price for seed; fescue, of a kind used for sowings amounted to $2,587 per ton, reducing by -2.9% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in July 2023 when the average import price increased by 18% against the previous month. As a result, import price reached the peak level of $3,381 per ton. From August 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 ($3,740 per ton), while the price for Latvia ($1,616 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 France (+4.7%), 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 the Netherlands (FOB) - 2023

In November 2023, the average export price for seed; fescue, of a kind used for sowings amounted to $3,447 per ton, increasing by 26% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +2.2%. The growth pace was the most rapid in August 2023 an increase of 66% m-o-m. As a result, the export price reached the peak level of $4,161 per ton. From September 2023 to November 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($4,344 per ton), while the average price for exports to Germany ($2,309 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 Switzerland (+2.6%), 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 the Netherlands

In 2022, purchases abroad of seed; fescue, of a kind used for sowings decreased by -4.7% to 7.5K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 5.7%. As a result, imports reached the peak of 7.9K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of seed; fescue, of a kind used for sowings reduced slightly to $19M in 2022. The total import value increased at an average annual rate of +6.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 12%. As a result, imports reached the peak of $19M, leveling off in the following year.

Import of Seed; Fescue, of A Kind Used for Sowing in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark9.09.010.49.93.2%
France1.41.20.42.114.5%
Germany1.31.22.41.67.2%
Canada0.51.01.21.544.2%
Belgium0.70.91.01.322.9%
United States1.41.91.61.0-10.6%
Sweden0.30.30.20.626.0%
Others1.61.92.01.3-6.7%
Total16.217.319.419.36.0%

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

  1. Denmark (4240.0 tons)
  2. France (744.2 tons)
  3. Canada (541.2 tons)
  4. Germany (489.3 tons)
  5. Belgium (386.9 tons)
  6. United States (352.4 tons)
  7. Sweden (230.7 tons)

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

In 2022, exports of seed; fescue, of a kind used for sowings from the Netherlands stood at 6.4K tons, with an increase of 12% on the previous year. Overall, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +8.9% 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 +88.5% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 68% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of seed; fescue, of a kind used for sowings skyrocketed to $18M in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +12.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +96.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 70% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Seed; Fescue, of A Kind Used for Sowing in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,2732,2125,2085,32732.8%
France2,8051,6193,0813,5838.5%
Italy5715831,1791,28531.0%
Belgium3332589041,15451.3%
Denmark1,0795351,0521,008-2.2%
Spain61229537785811.9%
Switzerland861422166747-4.6%
Argentina29325437552521.5%
Czech Republic3554252574417.5%
United Kingdom1,147824785441-27.3%
United States97.740.218.035353.4%
Finland364249157184-20.3%
Others1,8241,3151,7571,8270.1%
Total12,6149,03115,31617,73212.0%

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

  1. Germany (2016.4 tons)
  2. France (1319.6 tons)
  3. Italy (511.0 tons)
  4. Belgium (414.8 tons)
  5. Denmark (335.1 tons)
  6. Spain (313.6 tons)
  7. Switzerland (244.9 tons)
  8. United Kingdom (147.1 tons)
  9. Czech Republic (141.0 tons)
  10. Argentina (110.6 tons)
  11. United States (103.0 tons)
  12. Finland (60.8 tons)

Source: IndexBox Market Intelligence Platform

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