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

Contents:

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

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

In 2022, the average import price for seed; fescue, of a kind used for sowings amounted to $3,200 per ton, with an increase of 7.4% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The pace of growth was the most pronounced in 2013 when the average import price increased by 9.3%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($5,456 per ton), while the price for New Zealand ($2,137 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.4%), 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 Belgium (FOB) - 2022

The average export price for seed; fescue, of a kind used for sowings stood at $4,390 per ton in 2022, surging by 12% against the previous year. Over the period under review, the export price saw a modest increase. The growth pace was the most rapid in 2017 when the average export price increased by 19%. The export price peaked at $5,184 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Luxembourg ($5,433 per ton), while the average price for exports to Italy ($2,627 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 Italy (+9.4%), 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 Belgium

In 2022, the amount of seed; fescue, of a kind used for sowings imported into Belgium fell markedly to 1.4K tons, with a decrease of -24.7% on the previous year. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 38% against the previous year. As a result, imports attained the peak of 1.8K tons, and then reduced remarkably in the following year.

In value terms, imports of seed; fescue, of a kind used for sowings reduced notably to $4.4M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +6.3% 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 +20.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 43%. As a result, imports attained the peak of $5.5M, and then declined notably in the following year.

Import of Seed; Fescue, of A Kind Used for Sowing in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands2,3412,0992,7182,044-4.4%
Germany22246897691960.6%
United StatesN/A24930069166.6%
Denmark812146661560-11.6%
New ZealandN/A373391205-25.9%
United Kingdom290360N/AN/A24.1%
Others36.616345625.9-10.9%
Total3,7023,8585,5024,4456.3%

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

  1. Netherlands (697.9 tons)
  2. Germany (246.1 tons)
  3. Denmark (202.4 tons)
  4. United States (141.6 tons)
  5. New Zealand (95.9 tons)

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

In 2022, shipments abroad of seed; fescue, of a kind used for sowings decreased by -2.8% to 411 tons, falling for the second consecutive year after two years of growth. In general, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 204%. As a result, the exports reached the peak of 469 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of seed; fescue, of a kind used for sowings expanded remarkably to $1.8M in 2022. Over the period under review, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 116% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Seed; Fescue, of A Kind Used for Sowing in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France10.8702747968347.5%
Netherlands6147537856200.3%
Luxembourg58.945.779.211324.3%
ItalyN/AN/AN/A58.80%
Others73.513639.744.1-15.7%
Total7571,6361,6511,80433.6%

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

  1. France (245.2 tons)
  2. Netherlands (115.8 tons)
  3. Italy (22.4 tons)
  4. Luxembourg (20.8 tons)

Source: IndexBox Market Intelligence Platform

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