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

Contents:

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

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

The average import price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants stood at $0.4 per unit in 2022, surging by 38% against the previous year. Overall, the import price recorded a tangible expansion. The most prominent rate of growth was recorded in 2016 an increase of 75%. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($0.4 per unit), while the price for France ($0.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants amounted to $1 per unit, which is down by -9.3% against the previous year. Overall, the export price, however, posted buoyant growth. The most prominent rate of growth was recorded in 2020 an increase of 68%. The export price peaked at $1.1 per unit in 2021, and then reduced in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($4.6 per unit), while the average price for exports to Israel ($0.3 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 Canada (+28.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

After three years of growth, overseas purchases of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants decreased by -52.3% to 59M units in 2022. Over the period under review, imports, however, continue to indicate slight growth. The most prominent rate of growth was recorded in 2020 with an increase of 91% against the previous year. Over the period under review, imports of attained the peak figure at 124M units in 2021, and then declined rapidly in the following year.

In value terms, imports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants declined sharply to $26M in 2022. In general, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 149%. Over the period under review, imports of reached the peak figure at $39M in 2021, and then contracted notably in the following year.

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

1. Netherlands (55.0M units)
2. Germany (1.9M units)
3. France (0.9M units)

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

In 2022, overseas shipments of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants increased by 14% to 8.3M units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a sharp curtailment. Over the period under review, the exports of attained the peak figure at 16M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants stood at $8.4M in 2022. The total export value increased at an average annual rate of +4.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

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

1. Ecuador (3746.7K units)
2. Colombia (1160.3K units)
3. Netherlands (967.0K units)
4. Canada (655.4K units)
5. Israel (445.3K units)
6. France (365.4K units)
7. India (224.1K units)
8. United States (140.9K units)
9. China (34.9K units)
10. Germany (12.1K units)

Source: IndexBox Market Intelligence Platform