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

Contents:

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

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

The average import price for seed; fescue, of a kind used for sowings stood at $2,823 per ton in 2022, increasing by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.1%. The most prominent rate of growth was recorded in 2018 an increase of 34% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($3,791 per ton), while the price for Denmark ($2,199 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+22.9%), 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 Hungary (FOB) - 2022

The average export price for seed; fescue, of a kind used for sowings stood at $3,913 per ton in 2022, jumping by 17% against the previous year. Overall, the export price posted a mild expansion. The growth pace was the most rapid in 2018 when the average export price increased by 123% against the previous year. Over the period under review, the average export prices attained the peak figure at $4,242 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Croatia ($4,690 per ton) and Slovenia ($4,477 per ton), while the average price for exports to the Czech Republic ($3,297 per ton) and Slovakia ($3,790 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+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 Hungary

In 2022, after three years of growth, there was significant decline in supplies from abroad of seed; fescue, of a kind used for sowings, when their volume decreased by -27.2% to 632 tons. In general, total imports indicated pronounced growth from 2019 to 2022: its volume increased at an average annual rate of +4.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 50% against the previous year.

In value terms, imports of seed; fescue, of a kind used for sowings shrank sharply to $1.8M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 52%.

Import of Seed; Fescue, of A Kind Used for Sowing in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany8471,5201,7291,55822.5%
Italy21080.995.6167-7.4%
Denmark30.762.112842.711.6%
Others95.414119215.5-45.4%
Total1,1831,8042,1441,78414.7%

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

  1. Germany (562.5 tons)
  2. Italy (44.1 tons)
  3. Denmark (19.4 tons)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of seed; fescue, of a kind used for sowings, when their volume decreased by -63.4% to 18 tons. In general, exports saw a abrupt curtailment. The growth pace was the most rapid in 2021 when exports increased by 32% against the previous year. As a result, the exports attained the peak of 48 tons, and then contracted rapidly in the following year.

In value terms, exports of seed; fescue, of a kind used for sowings fell rapidly to $69K in 2022. Over the period under review, exports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 39%. As a result, the exports reached the peak of $159K, and then dropped rapidly in the following year.

Export of Seed; Fescue, of A Kind Used for Sowing in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia42.753.257.654.88.7%
Slovenia33.540.528.46.7-41.5%
Croatia2.95.18.55.019.9%
Romania2.84.97.91.3-22.6%
Czech Republic10.311.20.20.3-69.2%
GermanyN/AN/A54.9N/A0%
Others0.3N/A1.80.518.6%
Total92.611515968.5-9.6%

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

  1. Slovakia (14.5 tons)
  2. Slovenia (1.5 tons)
  3. Croatia (1.1 tons)
  4. Romania (0.3 tons)
  5. Czech Republic (0.1 tons)

Source: IndexBox Market Intelligence Platform

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