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

Contents:

1. Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Finland (CIF) - 2023
2. Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Finland (FOB) - 2022
3. Imports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Finland
4. Exports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Finland

Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Finland (CIF) - 2023

In October 2023, the average import price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants amounted to $380 per thousand units, dropping by -7.3% against the previous month. In general, the import price, however, posted a remarkable increase. The growth pace was the most rapid in August 2023 when the average import price increased by 98% m-o-m. Over the period under review, average import prices attained the maximum at $527 per thousand units in March 2023; however, from April 2023 to October 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was South Africa ($2.0 per unit), while the price for the Netherlands amounted to $257 per thousand units.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.3%).

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

In 2022, the average export price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants amounted to $0.7 per unit, picking up by 6% against the previous year. Over the period under review, the export price posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 an increase of 157%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($0.8 per unit), while the average price for exports to Latvia stood at $0.2 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+16.8%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, overseas purchases of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants were finally on the rise to reach 47M units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a abrupt contraction. Imports peaked at 63M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants skyrocketed to $16M in 2022. The total import value increased at an average annual rate of +9.3% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Netherlands (42.4M units)
2. South Africa (3.2M units)
3. Germany (0.9M units)

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

In 2022, the amount of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants exported from Finland shrank remarkably to 38K units, which is down by -30.2% against 2021. Over the period under review, exports continue to indicate a sharp reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 456% against the previous year. The exports peaked at 110K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants shrank markedly to $27K in 2022. Overall, exports, however, continue to indicate moderate growth. The growth pace was the most rapid in 2021 with an increase of 1,330%. As a result, the exports reached the peak of $37K, and then declined dramatically in the following year.

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

1. Estonia (35.0K units)
2. Latvia (2.8K units)

Source: IndexBox Market Intelligence Platform