Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in China - 2023

Contents:

  1. Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in China (CIF) - 2022
  2. Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in China (FOB) - 2022
  3. Imports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in China
  4. Exports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in China

Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in China (CIF) - 2022

The average import price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants stood at $0.2 per unit in 2022, dropping by -2.3% against the previous year. Overall, the import price saw a slight contraction. The pace of growth was the most pronounced in 2021 an increase of 19%. Over the period under review, average import prices attained the peak figure at $0.2 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($0.3 per unit), while the price for the Netherlands ($0.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.1%), while the prices for the other major suppliers experienced a decline.

Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in China (FOB) - 2022

In 2022, the average export price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants amounted to $0.1 per unit, reducing by -18.2% against the previous year. Overall, the export price saw a drastic downturn. The most prominent rate of growth was recorded in 2016 an increase of 96%. Over the period under review, the average export prices hit record highs at $0.2 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($0.3 per unit), while the average price for exports to Japan stood at less than $0.1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+8.9%), while the prices for the other major destinations experienced a decline.

Imports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in China

In 2022, the amount of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants imported into China skyrocketed to 682M units, jumping by 21% against 2021 figures. The total import volume increased at an average annual rate of +6.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants skyrocketed to $139M in 2022. The total import value increased at an average annual rate of +7.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 25% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands94.981.693.21156.6%
Chile6.73.87.67.53.8%
New Zealand5.74.37.96.12.3%
France1.82.54.43.018.6%
Others2.12.14.27.754.2%
Total11194.31171397.8%

Top Suppliers of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant to China in 2022:

  1. Netherlands (610.8M units)
  2. New Zealand (25.8M units)
  3. Chile (24.8M units)
  4. France (12.1M units)

Exports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in China

In 2022, exports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants from China rose to 34M units, growing by 2% against the previous year's figure. The total export volume increased at an average annual rate of +3.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 10%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, exports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants dropped significantly to $2.4M in 2022. In general, exports, however, recorded a slight decline. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. As a result, the exports attained the peak of $2.9M, and then dropped notably in the following year.

Export of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands9388641,1471,0042.3%
Japan9158589269732.1%
Hong Kong SAR15047.761.02.6-74.1%
Dominican RepublicN/A74.5148N/A98.7%
Others510472608432-5.4%
Total2,5142,3162,8902,411-1.4%

Top Export Markets for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant from China in 2022:

  1. Japan (29.7M units)
  2. Netherlands (3.7M units)

Source: IndexBox Market Intelligence Platform

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