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

Contents:

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

Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Pakistan (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, increasing by 65% against the previous year. Over the period under review, the import price recorded a remarkable increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 +12.6% per year.

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

In 2022, the average export price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants amounted to $0.5 per unit, rising by 162% against the previous year. Overall, the export price showed a resilient 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 external markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($2 per unit), while the average price for exports to Afghanistan ($0.2 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 Germany (+99.1%), 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 Pakistan

For the third year in a row, Pakistan recorded decline in supplies from abroad of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants, which decreased by -30.3% to 783K units in 2022. Overall, imports continue to indicate a significant curtailment. The smallest decline of -29.7% was in 2021. Imports peaked at 4.8M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants skyrocketed to $292K in 2022. Over the period under review, imports saw a sharp decline. Over the period under review, imports of hit record highs at $924K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands919350253292-31.8%
Others4.71.9N/AN/A-59.6%
Total924352253292-31.9%

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

  1. Netherlands (783.4K units)

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

In 2022, overseas shipments of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants decreased by -61.8% to 60K units, falling for the second year in a row after two years of growth. Over the period under review, exports faced a dramatic slump. The pace of growth was the most pronounced in 2020 with an increase of 31% against the previous year. As a result, the exports reached the peak of 481K units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants contracted slightly to $28K in 2022. In general, exports continue to indicate a sharp contraction. The pace of growth was the most pronounced in 2020 with an increase of 21% against the previous year. As a result, the exports reached the peak of $75K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
OmanN/AN/AN/A12.50%
AfghanistanN/AN/A19.07.5-60.5%
Malaysia1.31.9N/A3.944.2%
Germany2.510.53.22.95.1%
JordanN/A11.1N/AN/A0%
Indonesia23.610.5N/AN/A-55.5%
South Africa3.86.3N/AN/A65.8%
Qatar30.734.05.5N/A-57.7%
Others0.10.8N/A0.8100.0%
Total62.075.327.627.6-23.6%

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

  1. Afghanistan (42.1K units)
  2. Oman (12.6K units)
  3. Germany (2.2K units)
  4. Malaysia (2.0K units)

Source: IndexBox Market Intelligence Platform

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