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

Contents:

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

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

The average import price for seed; fescue, of a kind used for sowings stood at $2,750 per ton in November 2023, growing by 10% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.1%. The pace of growth appeared the most rapid in January 2023 an increase of 18% against the previous month. The import price peaked at $3,010 per ton in April 2023; however, from May 2023 to November 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Czech Republic ($12,360 per ton), while the price for Sweden ($2,079 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 the Czech Republic (+0.9%), 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 Germany (FOB) - 2023

In November 2023, the average export price for seed; fescue, of a kind used for sowings amounted to $2,883 per ton, waning by -10.5% against the previous month. In general, the export price saw a slight contraction. The growth pace was the most rapid in April 2023 an increase of 37% against the previous month. As a result, the export price reached the peak level of $4,781 per ton. From May 2023 to November 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($116K per ton), while the average price for exports to China ($2,213 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 the Netherlands (+36.6%), 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 Germany

In 2022, the amount of seed; fescue, of a kind used for sowings imported into Germany expanded remarkably to 14K tons, with an increase of 6.8% against 2021. The total import volume increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of seed; fescue, of a kind used for sowings rose significantly to $34M in 2022. The total import value increased at an average annual rate of +8.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 19%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Seed; Fescue, of A Kind Used for Sowing in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark15.112.614.015.40.7%
Sweden4.55.34.86.915.3%
Netherlands3.03.43.55.522.4%
Poland2.52.22.62.50.0%
France0.30.73.41.674.7%
Others1.22.33.31.916.6%
Total26.626.531.633.78.2%

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

  1. Denmark (6.5K tons)
  2. Sweden (3.3K tons)
  3. Netherlands (2.0K tons)
  4. Poland (1.0K tons)
  5. France (0.3K tons)

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

For the fourth year in a row, Germany recorded growth in overseas shipments of seed; fescue, of a kind used for sowings, which increased by 6.2% to 7.1K tons in 2022. The total export volume increased at an average annual rate of +8.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 11% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of seed; fescue, of a kind used for sowings surged to $25M in 2022. Overall, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.9% 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 +76.7% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 22% 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 Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada1.70.81.64.336.3%
France1.42.44.54.244.2%
United States0.30.51.32.8110.5%
Italy0.30.30.61.985.0%
Austria1.91.51.71.90.0%
Switzerland1.72.01.31.93.8%
United Kingdom1.52.22.91.4-2.3%
Hungary0.70.90.90.84.6%
Netherlands0.70.81.40.6-5.0%
Russia0.51.90.90.66.3%
Poland0.71.50.70.5-10.6%
ChinaN/A0.10.70.5123.6%
Denmark0.90.40.40.4-23.7%
Others2.22.32.43.516.7%
Total14.417.521.425.420.8%

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

  1. France (1204.0 tons)
  2. Canada (1078.9 tons)
  3. United States (695.0 tons)
  4. Italy (582.3 tons)
  5. Switzerland (571.3 tons)
  6. Austria (443.7 tons)
  7. United Kingdom (442.5 tons)
  8. Hungary (302.4 tons)
  9. Netherlands (201.6 tons)
  10. Russia (175.1 tons)
  11. China (168.0 tons)
  12. Poland (150.3 tons)
  13. Denmark (131.9 tons)

Source: IndexBox Market Intelligence Platform

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