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

Contents:

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

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

The average import price for seed; fescue, of a kind used for sowings stood at $3,699 per ton in 2022, with a decrease of -3.4% against the previous year. Over the last decade, it increased at an average annual rate of +4.0%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 17% against the previous year. Over the period under review, average import prices hit record highs at $3,829 per ton in 2021, and then dropped slightly 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 Bulgaria ($6,748 per ton), while the price for Denmark ($2,783 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+45.8%), 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 Greece (FOB) - 2022

The average export price for seed; fescue, of a kind used for sowings stood at $4,556 per ton in 2022, with a decrease of -29.6% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 13,053% against the previous year. As a result, the export price attained the peak level of $413,000 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cyprus ($9,694 per ton), while the average price for exports to Germany ($1,302 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 Cyprus (+13.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of seed; fescue, of a kind used for sowings into Greece fell to 164 tons, with a decrease of -10.1% against 2021 figures. The total import volume increased at an average annual rate of +4.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 36% against the previous year. As a result, imports attained the peak of 182 tons, and then declined in the following year.

In value terms, imports of seed; fescue, of a kind used for sowings dropped to $607K in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +9.6% 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 +31.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 47% against the previous year. As a result, imports attained the peak of $699K, and then declined in the following year.

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

1. Italy (77.8 tons)
2. Spain (37.8 tons)
3. Bulgaria (29.5 tons)
4. Netherlands (16.7 tons)
5. Denmark (0.7 tons)

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

In 2022, overseas shipments of seed; fescue, of a kind used for sowings increased by 79% to 7.5 tons for the first time since 2019, thus ending a two-year declining trend. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +7.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of seed; fescue, of a kind used for sowings skyrocketed to $34K in 2022. Overall, exports recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 103%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. Albania (3.5 tons)
2. Spain (2.0 tons)
3. Cyprus (1.0 tons)
4. Germany (0.6 tons)
5. Malta (0.2 tons)
6. Finland (0.1 tons)

Source: IndexBox Market Intelligence Platform