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

Contents:

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

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

The average import price for seed; fescue, of a kind used for sowings stood at $2,910 per ton in 2022, standing approx. at the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 45%. The import price peaked at $3,540 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($3,567 per ton) and Lithuania ($3,500 per ton), while the price for Latvia ($2,462 per ton) and Denmark ($3,040 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+3.1%), 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 Estonia (FOB) - 2022

The average export price for seed; fescue, of a kind used for sowings stood at $2,814 per ton in 2022, increasing by 31% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 66% against the previous year. As a result, the export price reached the peak level of $5,078 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($2,865 per ton), while the average price for exports to Finland totaled $2,806 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (-0.8%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of seed; fescue, of a kind used for sowings imported into Estonia soared to 106 tons, with an increase of 23% on 2021. In general, imports, however, showed a perceptible curtailment. The growth pace was the most rapid in 2021 when imports increased by 68%.

In value terms, imports of seed; fescue, of a kind used for sowings skyrocketed to $307K in 2022. Overall, imports enjoyed strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 79%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Import of Seed; Fescue, of A Kind Used for Sowing in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark71.110313919339.5%
Latvia5.2N/A59.081.3150.1%
Netherlands8.220.847.229.352.9%
Lithuania37.83.1N/AN/A-91.8%
Italy91.1N/AN/AN/A0%
Others1.511.02.13.026.0%
Total21513824730712.6%

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

  1. Denmark (63.6 tons)
  2. Latvia (33.0 tons)
  3. Netherlands (8.2 tons)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of seed; fescue, of a kind used for sowings, when their volume decreased by -45.5% to 38 tons. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 491% against the previous year.

In value terms, exports of seed; fescue, of a kind used for sowings declined remarkably to $106K in 2022. In general, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 520%.

Export of Seed; Fescue, of A Kind Used for Sowing in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland3.566.113091.6196.9%
Lithuania6.239.019.014.933.9%
Netherlands7.3N/AN/AN/A0%
OthersN/A0.10.6N/A500.0%
Total17.010514910684.1%

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

  1. Finland (32.6 tons)
  2. Lithuania (5.2 tons)

Source: IndexBox Market Intelligence Platform

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