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

Contents:

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

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

The average export price for seed; fescue, of a kind used for sowings stood at $3,336 per ton in 2022, growing by 80% against the previous year. In general, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for seed; fescue, of a kind used for sowings increased by +83.8% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($4,314 per ton), while the average price for exports to China ($2,692 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 Germany (+23.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for seed; fescue, of a kind used for sowings stood at $4,204 per ton in 2022, with an increase of 41% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 New Zealand ($11,167 per ton), while the price for Denmark ($3,267 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+11.8%), 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 Uruguay

After three years of growth, overseas shipments of seed; fescue, of a kind used for sowings decreased by -46.1% to 947 tons in 2022. Over the period under review, exports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 68% against the previous year.

In value terms, exports of seed; fescue, of a kind used for sowings declined modestly to $3.2M in 2022. Overall, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 62%. As a result, the exports attained the peak of $3.3M, and then shrank in the following year.

Export of Seed; Fescue, of A Kind Used for Sowing in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina9151,0132,7712,21634.3%
ChinaN/AN/AN/A4040%
Chile45.0N/A76.323373.0%
Brazil489385287187-27.4%
United StatesN/AN/AN/A1180%
GermanyN/A47615.0N/A-96.8%
Others245137114N/A-31.8%
Total1,6942,0123,2643,15823.1%

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

  1. Argentina (639.3 tons)
  2. China (150.0 tons)
  3. Brazil (63.4 tons)
  4. Chile (53.9 tons)
  5. United States (39.9 tons)

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

In 2022, the amount of seed; fescue, of a kind used for sowings imported into Uruguay dropped to 207 tons, reducing by -10.6% against the year before. In general, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 8.4% against the previous year.

In value terms, imports of seed; fescue, of a kind used for sowings surged to $870K in 2022. Over the period under review, imports, however, saw a mild increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Seed; Fescue, of A Kind Used for Sowing in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina712472577553-8.1%
Czech Republic9.750.2N/A146146.9%
SwedenN/AN/A39.271.281.6%
Denmark56.930.6N/A53.2-2.2%
United States0.20.37.127.5416.1%
Netherlands20.4N/A60.81.1-62.2%
Others45.057.17.518.4-25.8%
Total8456106918701.0%

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

  1. Argentina (134.6 tons)
  2. Czech Republic (31.2 tons)
  3. Denmark (16.3 tons)
  4. Sweden (15.0 tons)
  5. United States (8.0 tons)
  6. Netherlands (0.3 tons)

Source: IndexBox Market Intelligence Platform

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