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

Contents:

  1. Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Portugal (CIF) - 2022
  2. Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Portugal (FOB) - 2023
  3. Imports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Portugal
  4. Exports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Portugal

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

The average import price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants stood at $0.3 per unit in 2022, picking up by 5.9% against the previous year. In general, the import price continues to indicate a notable expansion. The pace of growth appeared the most rapid in 2014 an increase of 72% against the previous year. The import price peaked in 2022 and is expected to retain 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 Germany ($0.8 per unit), while the price for the Netherlands ($0.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+16.6%), 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 Portugal (FOB) - 2023

In November 2023, the average export price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants amounted to $177 per thousand units, with an increase of 9.1% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The pace of growth appeared the most rapid in July 2023 an increase of 19% against the previous month. The export price peaked in November 2023.

There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was the Netherlands ($582 per thousand units), while the average price for exports to France ($126 per thousand units) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+14.6%), 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 Portugal

In 2022, after two years of decline, there was significant growth in supplies from abroad of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants, when their volume increased by 18% to 23M units. Overall, imports, however, recorded a abrupt decline. Imports peaked at 38M 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 skyrocketed to $5.8M in 2022. In general, imports, however, continue to indicate a noticeable descent. The pace of growth was the most pronounced in 2020 with an increase of 27%. As a result, imports attained the peak of $8.6M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands5.78.04.15.3-2.4%
Germany0.50.40.40.4-7.2%
Spain0.60.10.10.1-45.0%
Others0.1N/AN/AN/A0%
Total6.88.64.75.8-5.2%

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

  1. Netherlands (22.2M units)
  2. Germany (0.6M units)
  3. Spain (0.3M units)

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

In 2022, exports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants from Portugal fell dramatically to 5.2M units, shrinking by -43.4% against 2021 figures. In general, exports faced a dramatic contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 50% against the previous year. The exports peaked at 19M 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 sharply to $4.5M in 2022. Over the period under review, exports, however, continue to indicate strong growth. The pace of growth was the most pronounced in 2021 with an increase of 119% against the previous year. As a result, the exports reached the peak of $5.5M, and then dropped notably in the following year.

Export of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1,2311,1042,8662,11919.8%
Netherlands1,4316111,7321,5663.1%
France21247553154837.2%
Belgium459186282168-28.5%
Others61.614210480.19.1%
Total3,3962,5195,5164,4819.7%

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

  1. Spain (3.3M units)
  2. Netherlands (1.2M units)
  3. France (0.5M units)
  4. Belgium (0.2M units)

Source: IndexBox Market Intelligence Platform

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