Price for Seed; Fescue, of A Kind Used for Sowing in Turkey - 2024
Contents:
- Price for Seed; Fescue, of A Kind Used for Sowing in Turkey (CIF) - 2022
- Price for Seed; Fescue, of A Kind Used for Sowing in Turkey (FOB) - 2022
- Imports of Seed; Fescue, of A Kind Used for Sowing in Turkey
- Exports of Seed; Fescue, of A Kind Used for Sowing in Turkey
Price for Seed; Fescue, of A Kind Used for Sowing in Turkey (CIF) - 2022
The average import price for seed; fescue, of a kind used for sowings stood at $3,228 per ton in 2022, surging by 25% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.7%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($3,973 per ton) and New Zealand ($3,781 per ton), while the price for Denmark ($2,967 per ton) and the Netherlands ($3,081 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+47.3%), 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 Turkey (FOB) - 2022
In 2022, the average export price for seed; fescue, of a kind used for sowings amounted to $2,601 per ton, surging by 135% against the previous year. Overall, the export price, however, saw a drastic downturn. The export price peaked at $5,938 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkmenistan ($6,948 per ton), while the average price for exports to Iraq ($413 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 Azerbaijan (+5.2%), while the prices for the other major destinations experienced a decline.
Imports of Seed; Fescue, of A Kind Used for Sowing in Turkey
In 2022, approx. 1.3K tons of seed; fescue, of a kind used for sowings were imported into Turkey; increasing by 1.8% against the year before. The total import volume increased at an average annual rate of +5.0% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 15%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, imports of seed; fescue, of a kind used for sowings soared to $4.4M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +18.0% 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 +64.5% 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 Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 2,010 | 2,238 | 2,184 | 2,794 | 11.6% |
| United States | 494 | 892 | 1,024 | 1,017 | 27.2% |
| New Zealand | N/A | N/A | 112 | 310 | 176.8% |
| Czech Republic | N/A | N/A | N/A | 142 | 0% |
| Netherlands | 85.1 | 36.8 | 8.7 | 93.6 | 3.2% |
| Others | 59.7 | N/A | 92.0 | N/A | 24.1% |
| Total | 2,648 | 3,167 | 3,421 | 4,357 | 18.1% |
Top Suppliers of Seed; Fescue, of A Kind Used for Sowing to Turkey in 2022:
- Denmark (941.9 tons)
- United States (255.9 tons)
- New Zealand (82.0 tons)
- Czech Republic (39.4 tons)
- Netherlands (30.4 tons)
Exports of Seed; Fescue, of A Kind Used for Sowing in Turkey
After three years of growth, shipments abroad of seed; fescue, of a kind used for sowings decreased by -31.2% to 141 tons in 2022. In general, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 376%.
In value terms, exports of seed; fescue, of a kind used for sowings surged to $367K in 2022. Overall, exports, however, saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 420% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Seed; Fescue, of A Kind Used for Sowing in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkmenistan | 4.9 | 33.6 | 64.7 | 295 | 291.9% |
| Iraq | 9.3 | 37.5 | 95.1 | 38.2 | 60.1% |
| Azerbaijan | N/A | N/A | 35.4 | 6.5 | -81.6% |
| Kazakhstan | N/A | 26.6 | 5.6 | N/A | -78.9% |
| Uzbekistan | 7.1 | 55.7 | N/A | N/A | 684.5% |
| Others | 9.9 | 8.4 | 26.2 | 27.0 | 39.7% |
| Total | 31.1 | 162 | 227 | 367 | 127.7% |
Top Export Markets for Seed; Fescue, of A Kind Used for Sowing from Turkey in 2022:
- Iraq (92.3 tons)
- Turkmenistan (42.5 tons)
- Azerbaijan (1.2 tons)
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