Price for Seed; Fescue, of A Kind Used for Sowing in Australia - 2024

Contents:

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

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

The average import price for seed; fescue, of a kind used for sowings stood at $3,366 per ton in 2022, increasing by 5.8% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 an increase of 40% against the previous year. Over the period under review, average import prices attained the peak figure at $3,672 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($3,855 per ton) and Denmark ($3,326 per ton), while the price for the United States ($3,254 per ton) and New Zealand ($3,282 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.4%), 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 Australia (FOB) - 2022

The average export price for seed; fescue, of a kind used for sowings stood at $4,211 per ton in 2022, dropping by -14.6% against the previous year. Over the period under review, the export price, however, recorded a measured increase. The most prominent rate of growth was recorded in 2017 an increase of 99% against the previous year. As a result, the export price reached the peak level of $6,169 per ton. From 2018 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uruguay ($5,983 per ton), while the average price for exports to the Netherlands ($2,350 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+14.2%), 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 Australia

In 2022, overseas purchases of seed; fescue, of a kind used for sowings decreased by -2.3% to 817 tons, falling for the second year in a row after two years of growth. In general, imports showed a noticeable descent. The pace of growth was the most pronounced in 2020 when imports increased by 3.5% against the previous year. As a result, imports attained the peak of 934 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of seed; fescue, of a kind used for sowings rose slightly to $2.8M in 2022. Overall, imports saw a deep slump.

Import of Seed; Fescue, of A Kind Used for Sowing in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand1,7072,0261,4521,564-2.9%
United States1,3808851,034599-24.3%
Germany54.4131153482106.9%
DenmarkN/A46.721.110348.5%
Others1712.4N/A4.1-71.2%
Total3,3123,0912,6602,751-6.0%

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

  1. New Zealand (476.5 tons)
  2. United States (183.9 tons)
  3. Germany (125.1 tons)
  4. Denmark (30.9 tons)

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

In 2022, approx. 23 tons of seed; fescue, of a kind used for sowings were exported from Australia; picking up by 105% compared with the year before. In general, exports, however, recorded a abrupt decline.

In value terms, exports of seed; fescue, of a kind used for sowings surged to $98K in 2022. Overall, exports, however, showed a abrupt downturn.

Export of Seed; Fescue, of A Kind Used for Sowing in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands10.92.4N/A45.360.8%
New Zealand2.313.920.010.968.0%
UruguayN/AN/A3.510.2191.4%
Germany127N/AN/AN/A0%
United States1.523.83.7N/A57.1%
South AfricaN/AN/A24.1N/A0%
Others16.315.54.531.424.4%
Total15855.555.897.8-14.8%

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

  1. Netherlands (19.3 tons)
  2. New Zealand (2.1 tons)
  3. Uruguay (1.7 tons)

Source: IndexBox Market Intelligence Platform

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