Price for Seed; Fescue, of A Kind Used for Sowing in Chile - 2024

Contents:

  1. Price for Seed; Fescue, of A Kind Used for Sowing in Chile (CIF) - 2024
  2. Imports of Seed; Fescue, of A Kind Used for Sowing in Chile

Price for Seed; Fescue, of A Kind Used for Sowing in Chile (CIF) - 2024

The average import price for seed; fescue, of a kind used for sowings stood at $3,207 per ton in January 2024, waning by -22.4% against the previous month. Overall, the import price showed a perceptible decrease. The growth pace was the most rapid in October 2023 when the average import price increased by 55% month-to-month. The import price peaked at $5,053 per ton in June 2023; however, from July 2023 to January 2024, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Canada ($4,100 per ton), while the price for the United States ($2,451 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Sweden (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, imports of seed; fescue, of a kind used for sowings into Chile fell markedly to 475 tons, with a decrease of -38.3% on the previous year's figure. Overall, imports showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 48% against the previous year. As a result, imports attained the peak of 770 tons, and then contracted significantly in the following year.

In value terms, imports of seed; fescue, of a kind used for sowings shrank to $1.9M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +6.8% 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 +40.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 56% against the previous year. As a result, imports reached the peak of $2.1M, and then declined in the following year.

Import of Seed; Fescue, of A Kind Used for Sowing in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,2309571,8131,041-5.4%
Denmark70.211541.237574.8%
Uruguay47.5N/A80.024572.8%
NetherlandsN/A172119171-0.3%
Germany25.525.0N/A52.727.4%
Others19592.067.527.1-48.2%
Total1,5691,3612,1201,9116.8%

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

  1. United States (253.6 tons)
  2. Denmark (114.7 tons)
  3. Uruguay (53.9 tons)
  4. Netherlands (33.5 tons)
  5. Germany (15.2 tons)

Source: IndexBox Market Intelligence Platform

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