Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Singapore - 2022
Contents:
- Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Singapore (CIF) - 2022
- Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Singapore (FOB) - 2022
- Imports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Singapore
- Exports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Singapore
Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Singapore (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, rising by 45% against the previous year. In general, the import price recorded a buoyant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat 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 the United States stood at $0.2 per unit.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+18.6%), 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 Singapore (FOB) - 2022
In 2022, the average export price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants amounted to $0.9 per unit, growing by 402% against the previous year. In general, the export price posted buoyant growth. 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 export markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($0.9 per unit), while the average price for exports to Malaysia totaled $0.3 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+12.0%), 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 Singapore
In 2022, approx. 72K units of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants were imported into Singapore; rising by 25% compared with the previous year's figure. Over the period under review, imports, however, showed a abrupt descent. The pace of growth was the most pronounced in 2021 when imports increased by 1,705%. Over the period under review, imports of attained the peak figure at 105K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants skyrocketed to $24K in 2022. In general, imports saw a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,770% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.8 | N/A | 0.5 | 14.3 | 161.5% |
| Netherlands | 0.7 | N/A | 0.8 | 5.0 | 92.6% |
| New Zealand | 10.5 | 0.5 | 9.0 | N/A | -7.4% |
| China | 1.6 | N/A | 0.5 | N/A | -44.1% |
| India | 1.0 | N/A | 0.6 | N/A | -22.5% |
| Others | 5.7 | 0.1 | 1.5 | 4.2 | -9.7% |
| Total | 20.2 | 0.7 | 13.0 | 23.6 | 5.3% |
Top Suppliers of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant to Singapore in 2022:
- United States (57.7K units)
- Netherlands (14.2K units)
Exports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Singapore
In 2022, overseas shipments of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants decreased by -92.5% to 22K units for the first time since 2018, thus ending a three-year rising trend. Overall, exports recorded a deep setback. The growth pace was the most rapid in 2021 with an increase of 480%. As a result, the exports attained the peak of 285K units, and then reduced markedly in the following year.
In value terms, exports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants shrank markedly to $19K in 2022. In general, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 564% against the previous year. As a result, the exports reached the peak of $50K, and then reduced markedly in the following year.
| Export of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | N/A | N/A | 0.8 | 18.5 | 2212.5% |
| Malaysia | N/A | 0.1 | 0.6 | 0.5 | 123.6% |
| India | 3.1 | 4.7 | 31.3 | N/A | 217.8% |
| Taiwan (Chinese) | 0.9 | 1.4 | 9.2 | N/A | 219.7% |
| Netherlands | 0.5 | 0.8 | 4.7 | N/A | 206.6% |
| Others | 0.4 | 0.6 | 3.5 | N/A | 195.8% |
| Total | 5.0 | 7.5 | 50.0 | 19.0 | 56.0% |
Top Export Markets for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant from Singapore in 2022:
- Canada (20.1K units)
- Malaysia (1.4K units)
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