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

Contents:

  1. Price for Seed; Fescue, of A Kind Used for Sowing in Poland (FOB) - 2023
  2. Price for Seed; Fescue, of A Kind Used for Sowing in Poland (CIF) - 2022
  3. Exports of Seed; Fescue, of A Kind Used for Sowing in Poland
  4. Imports of Seed; Fescue, of A Kind Used for Sowing in Poland

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

The average export price for seed; fescue, of a kind used for sowings stood at $2,718 per ton in October 2023, increasing by 72% against the previous month. Over the period under review, export price indicated a strong expansion from October 2022 to October 2023: its price increased at an average monthly rate of +5.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for seed; fescue, of a kind used for sowings increased by +71.7% against September 2023 indices. The export price peaked at $2,910 per ton in May 2023; however, from June 2023 to October 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 Germany.

From October 2022 to October 2023, the rate of growth in terms of prices for Germany amounted to +6.0% per month.

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

The average import price for seed; fescue, of a kind used for sowings stood at $2,333 per ton in 2022, rising by 6.6% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 22% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($3,782 per ton), while the price for France ($471 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, exports of seed; fescue, of a kind used for sowings from Poland declined slightly to 2.3K tons, which is down by -2.2% compared with 2021. Overall, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +10.7% 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 +40.4% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 44%. As a result, the exports attained the peak of 2.4K tons, and then shrank slightly in the following year.

In value terms, exports of seed; fescue, of a kind used for sowings dropped to $5.5M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +19.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 48%. As a result, the exports attained the peak of $5.8M, and then contracted in the following year.

Export of Seed; Fescue, of A Kind Used for Sowing in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,2122,0332,9892,6476.2%
Italy85.01151,2181,716172.3%
France1442943951868.9%
Russia90.5371N/A13313.7%
Czech Republic7.917.9119124150.4%
Austria42.017725411439.5%
SpainN/A20.722.199.9119.7%
Others609872770438-10.4%
Total3,1903,9015,7675,45819.6%

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

  1. Germany (1288.4 tons)
  2. Italy (627.2 tons)
  3. France (62.9 tons)
  4. Czech Republic (52.5 tons)
  5. Austria (51.2 tons)
  6. Russia (45.5 tons)
  7. Spain (39.6 tons)

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

For the third year in a row, Poland recorded decline in supplies from abroad of seed; fescue, of a kind used for sowings, which decreased by -33.8% to 883 tons in 2022. In general, imports showed a dramatic decline. The smallest decline of -1.9% was in 2020.

In value terms, imports of seed; fescue, of a kind used for sowings contracted rapidly to $2.1M in 2022. Over the period under review, imports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 6% against the previous year. As a result, imports reached the peak of $3.4M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Seed; Fescue, of A Kind Used for Sowing in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark1,8751,4491,340851-23.2%
Netherlands5.627.2127370304.3%
Germany632689511267-25.0%
United States291815591182-14.5%
LatviaN/AN/A61.4128108.5%
Lithuania167210N/A66.8-26.3%
Italy15812.1N/A64.2-25.9%
Sweden2.6N/AN/A55.9178.1%
France17.92.04.814.8-6.1%
Russia74.9179231N/A75.6%
Others25.660.650.662.034.3%
Total3,2503,4442,9172,061-14.1%

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

  1. Denmark (368.3 tons)
  2. Italy (98.9 tons)
  3. Netherlands (97.8 tons)
  4. Germany (95.8 tons)
  5. United States (83.0 tons)
  6. Latvia (42.4 tons)
  7. France (31.4 tons)
  8. Sweden (20.6 tons)
  9. Lithuania (19.9 tons)

Source: IndexBox Market Intelligence Platform

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