Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Ghana - 2022

Contents:

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

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

The average import price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants stood at $0.5 per unit in 2022, growing by 84% against the previous year. In general, the import price continues to indicate a strong increase. 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 the Netherlands ($0.7 per unit), while the price for Kenya amounted to $0.1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+16.9%).

Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Ghana (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, approximately reflecting the previous year. Over the period under review, the export price showed a abrupt downturn. The most prominent rate of growth was recorded in 2017 an increase of 47% against the previous year. Over the period under review, the average export prices reached the maximum at $0.2 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Burkina Faso ($0.2 per unit), while the average price for exports to South Africa (less than $0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+1.2%), 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 Ghana

In 2022, overseas purchases of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants decreased by -20.8% to 30K units, falling for the second consecutive year after two years of growth. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 986% against the previous year. As a result, imports attained the peak of 71K units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants skyrocketed to $15K in 2022. Over the period under review, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 1,748%. As a result, imports attained the peak of $19K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands0.47.23.26.8157.1%
Kenya0.22.11.90.858.7%
United Arab EmiratesN/A1.9N/AN/A0%
Others0.48.05.07.1160.9%
Total1.019.310.114.7145.0%

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

  1. Kenya (11.1K units)
  2. Netherlands (9.4K units)

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

Exports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants from Ghana plummeted to 94K units in 2022, declining by -36.3% compared with 2021 figures. Overall, exports, however, posted a resilient increase. The growth pace was the most rapid in 2021 with an increase of 264% against the previous year. As a result, the exports reached the peak of 148K units, and then declined dramatically in the following year.

In value terms, exports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants shrank sharply to $8.2K in 2022. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 279% against the previous year. As a result, the exports attained the peak of $13K, and then dropped notably in the following year.

Export of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands4.82.18.86.28.9%
Chile3.21.13.41.4-24.1%
Burkina Faso0.20.10.60.535.7%
South Africa0.1N/A0.10.10.0%
OthersN/A0.1N/AN/A0%
Total8.33.412.98.2-0.4%

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

  1. Netherlands (76.2K units)
  2. Chile (14.0K units)
  3. Burkina Faso (2.2K units)
  4. South Africa (1.9K units)

Source: IndexBox Market Intelligence Platform

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