Price for Seed; Fescue, of A Kind Used for Sowing in Iraq - 2022

Contents:

  1. Price for Seed; Fescue, of A Kind Used for Sowing in Iraq (CIF) - 2022
  2. Imports of Seed; Fescue, of A Kind Used for Sowing in Iraq

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

In 2022, the average import price for seed; fescue, of a kind used for sowings amounted to $1,624 per ton, therefore, remained relatively stable against the previous year. In general, the import price, however, saw a abrupt slump. The pace of growth was the most pronounced in 2021 when the average import price increased by 47% against the previous year. The import price peaked at $4,792 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($2,954 per ton), while the price for Turkey ($514 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.0%), while the prices for the other major suppliers experienced a decline.

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

In 2022, after three years of growth, there was significant decline in supplies from abroad of seed; fescue, of a kind used for sowings, when their volume decreased by -36% to 172 tons. In general, imports, however, showed a resilient expansion. The growth pace was the most rapid in 2021 when imports increased by 132%. As a result, imports reached the peak of 268 tons, and then shrank markedly in the following year.

In value terms, imports of seed; fescue, of a kind used for sowings fell rapidly to $279K in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 241%. As a result, imports attained the peak of $431K, and then dropped notably in the following year.

Import of Seed; Fescue, of A Kind Used for Sowing in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/AN/A80.036.5-54.4%
Spain39.528.242.832.3-6.5%
Germany73.128.843.632.1-24.0%
Turkey9.324.384.821.131.4%
Denmark22.915.221.413.3-16.6%
ItalyN/AN/AN/A10.20%
Netherlands0.51.03.82.366.3%
Others13628.8154131-1.2%
Total281126431279-0.2%

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

  1. Turkey (41.1 tons)
  2. France (18.2 tons)
  3. Germany (14.4 tons)
  4. Spain (10.9 tons)
  5. Denmark (9.1 tons)
  6. Italy (4.6 tons)
  7. Netherlands (2.4 tons)

Source: IndexBox Market Intelligence Platform

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