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

Contents:

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

Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Kenya (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, waning by -8.5% against the previous year. Over the period under review, the import price, however, posted a notable expansion. The growth pace was the most rapid in 2016 an increase of 46% against the previous year. Over the period under review, average import prices reached the maximum at $0.4 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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 New Zealand ($0.2 per unit), while the price for the Netherlands amounted to $0.2 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.8%), 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 Kenya (FOB) - 2022

The average export price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants stood at $1.6 per unit in 2022, jumping by 801% against the previous year. In general, the export price enjoyed a moderate expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($1.9 per unit), while the average price for exports to Norway ($1.1 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 Norway (+34.5%), 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 Kenya

After three years of growth, overseas purchases of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants decreased by -18.6% to 4.2M units in 2022. Over the period under review, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 92%. As a result, imports reached the peak of 5.2M units, and then contracted dramatically in the following year.

In value terms, imports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants reduced dramatically to $729K in 2022. The total import value increased at an average annual rate of +1.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 35%. As a result, imports reached the peak of $980K, and then declined markedly in the following year.

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

1. Netherlands (3.3M units)
2. New Zealand (0.9M units)

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

Exports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants from Kenya declined rapidly to 24K units in 2022, waning by -45.3% against the previous year's figure. In general, exports faced a significant decrease. The most prominent rate of growth was recorded in 2021 with an increase of 388%. The exports peaked at 120K 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 skyrocketed to $39K in 2022. Overall, exports, however, posted a measured expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Netherlands (13.2K units)
2. Norway (8.4K units)
3. Germany (2.3K units)

Source: IndexBox Market Intelligence Platform