Price for Seed; Fescue, of A Kind Used for Sowing in Norway - 2024
Contents:
- Price for Seed; Fescue, of A Kind Used for Sowing in Norway (CIF) - 2022
- Price for Seed; Fescue, of A Kind Used for Sowing in Norway (FOB) - 2023
- Imports of Seed; Fescue, of A Kind Used for Sowing in Norway
- Exports of Seed; Fescue, of A Kind Used for Sowing in Norway
Price for Seed; Fescue, of A Kind Used for Sowing in Norway (CIF) - 2022
In 2022, the average import price for seed; fescue, of a kind used for sowings amounted to $3,479 per ton, rising by 3.3% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 22% against the previous year. The import price peaked at $3,742 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($3,747 per ton), while the price for Sweden ($3,431 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+1.6%), while the prices for the other major suppliers experienced a decline.
Price for Seed; Fescue, of A Kind Used for Sowing in Norway (FOB) - 2023
In December 2023, the average export price for seed; fescue, of a kind used for sowings amounted to $3,631 per ton, approximately equating the previous month. Over the period under review, the export price saw a abrupt decrease. The growth pace was the most rapid in August 2023 an increase of 222% month-to-month. The export price peaked at $8,402 per ton in April 2023; however, from May 2023 to December 2023, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Sweden.
From April 2023 to December 2023, the rate of growth in terms of prices for Sweden amounted to -6.4% per month.
Imports of Seed; Fescue, of A Kind Used for Sowing in Norway
After three years of growth, supplies from abroad of seed; fescue, of a kind used for sowings decreased by -30.9% to 603 tons in 2022. Over the period under review, total imports indicated modest growth from 2019 to 2022: its volume increased at an average annual rate of +1.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 40% against the previous year. As a result, imports attained the peak of 872 tons, and then reduced markedly in the following year.
In value terms, imports of seed; fescue, of a kind used for sowings shrank markedly to $2.1M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +7.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +25.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 70% against the previous year. As a result, imports reached the peak of $2.9M, and then declined notably in the following year.
| Import of Seed; Fescue, of A Kind Used for Sowing in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 991 | 1,299 | 1,555 | 1,602 | 17.4% |
| Denmark | 598 | 333 | 1,074 | 333 | -17.7% |
| Netherlands | 80.7 | 64.7 | 97.9 | 126 | 16.0% |
| Finland | N/A | N/A | 172 | N/A | 0% |
| Others | 1.9 | 30.0 | 37.4 | 35.6 | 165.6% |
| Total | 1,672 | 1,727 | 2,937 | 2,096 | 7.8% |
Top Suppliers of Seed; Fescue, of A Kind Used for Sowing to Norway in 2022:
- Sweden (466.9 tons)
- Denmark (88.9 tons)
- Netherlands (36.5 tons)
Exports of Seed; Fescue, of A Kind Used for Sowing in Norway
Exports of seed; fescue, of a kind used for sowings from Norway declined markedly to 293 kg in 2022, waning by -93.6% compared with the year before. Over the period under review, exports continue to indicate a significant decline. The growth pace was the most rapid in 2021 when exports increased by 32%. As a result, the exports reached the peak of 4.5 tons, and then contracted significantly in the following year.
In value terms, exports of seed; fescue, of a kind used for sowings reduced rapidly to $406 in 2022. Overall, exports faced a sharp reduction. The most prominent rate of growth was recorded in 2020 with an increase of 19% against the previous year. As a result, the exports reached the peak of $15K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Seed; Fescue, of A Kind Used for Sowing in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | N/A | 8.7 | 1.7 | 0.4 | -78.6% |
| Lithuania | N/A | 6.7 | N/A | N/A | 0% |
| Finland | N/A | N/A | 8.5 | N/A | 0% |
| Estonia | 13.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 13.0 | 15.4 | 10.2 | 0.4 | -68.7% |
Top Export Markets for Seed; Fescue, of A Kind Used for Sowing from Norway in 2022:
- Sweden (293.0 kg)
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