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

Contents:

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

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

In 2022, the average import price for seed; fescue, of a kind used for sowings amounted to $3,664 per ton, dropping by -8.3% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2021 an increase of 35% against the previous year. As a result, import price reached the peak level of $3,997 per ton, and then fell in the following year.

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 Belgium ($5,195 per ton), while the price for Denmark ($1,928 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.7%), 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 Luxembourg (FOB) - 2022

The average export price for seed; fescue, of a kind used for sowings stood at $3,818 per ton in 2022, falling by -2% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 24% against the previous year. Over the period under review, the average export prices hit record highs at $4,373 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($4,639 per ton), while the average price for exports to Germany amounted to $3,747 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+2.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, overseas purchases of seed; fescue, of a kind used for sowings increased by 114% to 123 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports showed a prominent expansion. As a result, imports attained 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 soared to $450K in 2022. Over the period under review, imports saw a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Seed; Fescue, of A Kind Used for Sowing in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany16183.742.923112.8%
Belgium27.923.463.293.449.6%
Netherlands77.380.091.187.14.1%
DenmarkN/A50.3N/A38.2-12.9%
PolandN/AN/A31.5N/A0%
Others3.63.80.10.1-69.7%
Total26924122945018.7%

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

  1. Germany (56.4 tons)
  2. Netherlands (28.6 tons)
  3. Denmark (19.8 tons)
  4. Belgium (18.0 tons)

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

After two years of decline, overseas shipments of seed; fescue, of a kind used for sowings increased by 212% to 30 tons in 2022. Over the period under review, exports, however, showed a abrupt descent.

In value terms, exports of seed; fescue, of a kind used for sowings surged to $115K in 2022. In general, exports, however, recorded a abrupt shrinkage.

Export of Seed; Fescue, of A Kind Used for Sowing in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany67.329.729.110415.6%
Belgium48.90.88.511.2-38.8%
NetherlandsN/A36.3N/AN/A0%
Turkey40.1N/AN/AN/A0%
Others0.10.40.1N/A0.0%
Total15667.337.7115-9.7%

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

  1. Germany (27.8 tons)
  2. Belgium (2.4 tons)

Source: IndexBox Market Intelligence Platform

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