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

Contents:

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

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

In 2022, the average import price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants amounted to $0.4 per unit, growing by 19% against the previous year. In general, the import price enjoyed resilient growth. The pace of growth was the most pronounced in 2021 when the average import price increased by 42%. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +7.5% per year.

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

In 2022, the average export price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants amounted to $0.2 per unit, picking up by 2.3% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The growth pace was the most rapid in 2019 when the average export price increased by 40%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +8.1% per year.

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

In 2022, imports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants into India shrank to 2M units, with a decrease of -9.3% on the previous year. Over the period under review, imports faced a sharp reduction. The growth pace was the most rapid in 2021 when imports increased by 30%. Over the period under review, imports of reached the maximum at 5.9M 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 stood at $748K in 2022. Overall, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 84% against the previous year. Over the period under review, imports of attained the peak figure at $1.1M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

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

1. Netherlands (2.0M units)

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

For the third year in a row, India recorded decline in shipments abroad of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants, which decreased by -25.9% to 532K units in 2022. Overall, exports recorded a sharp descent. Over the period under review, the exports of reached the peak figure at 2.7M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants declined dramatically to $96K in 2022. In general, exports continue to indicate a dramatic slump. The exports peaked at $448K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

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

1. Netherlands (531.6K units)

Source: IndexBox Market Intelligence Platform