Price for Seed; Fescue, of A Kind Used for Sowing in Latvia - 2023
Contents:
- Price for Seed; Fescue, of A Kind Used for Sowing in Latvia (FOB) - 2022
- Price for Seed; Fescue, of A Kind Used for Sowing in Latvia (CIF) - 2022
- Exports of Seed; Fescue, of A Kind Used for Sowing in Latvia
- Imports of Seed; Fescue, of A Kind Used for Sowing in Latvia
Price for Seed; Fescue, of A Kind Used for Sowing in Latvia (FOB) - 2022
The average export price for seed; fescue, of a kind used for sowings stood at $1,788 per ton in 2022, standing approx. at the previous year. Overall, the export price continues to indicate a slight slump. The pace of growth appeared the most rapid in 2013 an increase of 104%. As a result, the export price reached the peak level of $4,346 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($2,962 per ton), while the average price for exports to the Netherlands ($1,521 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 Estonia (+1.4%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Seed; Fescue, of A Kind Used for Sowing in Latvia (CIF) - 2022
The average import price for seed; fescue, of a kind used for sowings stood at $3,131 per ton in 2022, growing by 19% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2021 when the average import price increased by 20%. 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 ($8,008 per ton), while the price for Lithuania ($2,539 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 (+14.0%), 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 Latvia
For the fourth consecutive year, Latvia recorded growth in overseas shipments of seed; fescue, of a kind used for sowings, which increased by 28% to 755 tons in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 85% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of seed; fescue, of a kind used for sowings skyrocketed to $1.4M in 2022. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 73%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.
| Export of Seed; Fescue, of A Kind Used for Sowing in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 23.8 | 340 | 340 | 722 | 211.9% |
| Italy | 115 | 227 | 524 | 184 | 17.0% |
| Sweden | N/A | N/A | N/A | 130 | 0% |
| Netherlands | 93.6 | 143 | 68.4 | 113 | 6.5% |
| Poland | N/A | N/A | 115 | 95.4 | -17.0% |
| Estonia | 16.3 | N/A | 5.0 | 61.7 | 55.8% |
| Germany | 80.5 | N/A | N/A | 38.3 | -21.9% |
| Denmark | 81.5 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 6.4 | 0% |
| Total | 410 | 710 | 1,053 | 1,350 | 48.8% |
Top Export Markets for Seed; Fescue, of A Kind Used for Sowing from Latvia in 2022:
- Lithuania (421.6 tons)
- Italy (95.3 tons)
- Sweden (84.2 tons)
- Netherlands (74.4 tons)
- Poland (42.1 tons)
- Estonia (20.8 tons)
- Germany (14.7 tons)
Imports of Seed; Fescue, of A Kind Used for Sowing in Latvia
In 2022, overseas purchases of seed; fescue, of a kind used for sowings decreased by -46.3% to 30 tons, falling for the second year in a row after two years of growth. In general, imports faced a sharp decrease. The growth pace was the most rapid in 2020 when imports increased by 11%. As a result, imports reached the peak of 116 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 declined significantly to $94K in 2022. Overall, imports continue to indicate a sharp descent. The smallest decline of -4.7% was in 2020.
| Import of Seed; Fescue, of A Kind Used for Sowing in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 109 | 116 | 3.5 | 44.0 | -26.1% |
| Poland | N/A | 32.2 | 20.7 | 18.9 | -23.4% |
| Netherlands | 44.8 | N/A | 13.9 | 17.0 | -27.6% |
| Denmark | 45.7 | 35.2 | 39.1 | 11.7 | -36.5% |
| Germany | 62.3 | 32.2 | 5.4 | N/A | -70.6% |
| United States | N/A | 40.2 | 51.2 | N/A | 27.4% |
| Others | 6.1 | N/A | 13.2 | 2.1 | -29.9% |
| Total | 268 | 255 | 147 | 93.7 | -29.6% |
Top Suppliers of Seed; Fescue, of A Kind Used for Sowing to Latvia in 2022:
- Lithuania (17.3 tons)
- Poland (6.2 tons)
- Denmark (4.0 tons)
- Netherlands (2.1 tons)
112
This report provides an in-depth analysis of the market for tree, flower and other seeds, fruits and spores for sowing in Latvia.
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This report provides an in-depth analysis of the market for tree, flower and other seeds, fruits and spores for sowing in Latvia.
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This report provides an in-depth analysis of the global market for tree, flower and other seeds, fruits and spores for sowing.
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