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

Contents:

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

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

In 2022, the average import price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants amounted to $82 per thousand units, rising by 17% against the previous year. In general, the import price, however, saw a mild decline. The pace of growth was the most pronounced in 2017 when the average import price increased by 28% against the previous year. Over the period under review, average import prices attained the maximum at $96 per thousand units in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Latvia ($121 per thousand units), while the price for the Netherlands stood at $78 per thousand units.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+2.4%), 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 Russia (FOB) - 2022

The average export price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants stood at $0.2 per unit in 2022, increasing by 45% against the previous year. Over the period under review, the export price, however, recorded a abrupt shrinkage. Over the period under review, the average export prices attained the peak figure at $1.6 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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 Ukraine ($0.7 per unit), while the average price for exports to Azerbaijan ($0.1 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 Ukraine (+26.1%), while the prices for the other major destinations experienced mixed trend patterns.

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

For the fourth consecutive year, Russia recorded growth in overseas purchases of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants, which increased by 41% to 763M units in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants soared to $62M in 2022. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Netherlands (730.3M units)
2. Latvia (24.0M units)
3. Germany (5.4M units)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants, when their volume decreased by -33.9% to 1.7M units. In general, exports, however, showed a resilient increase. The pace of growth was the most pronounced in 2021 when exports increased by 60%. As a result, the exports reached the peak of 2.6M units, and then shrank significantly in the following year.

In value terms, exports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants contracted modestly to $293K in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +16.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 50%. Over the period under review, the exports of attained the peak figure at $305K in 2021, and then dropped slightly in the following year.

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

1. Kazakhstan (1028.7K units)
2. Belarus (421.0K units)
3. Azerbaijan (210.1K units)
4. Ukraine (79.4K units)

Source: IndexBox Market Intelligence Platform