Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in South Africa - 2024
Contents:
- Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in South Africa (FOB) - 2022
- Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in South Africa (CIF) - 2024
- Exports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in South Africa
- Imports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in South Africa
Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in South Africa (FOB) - 2022
The average export price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants stood at $1 per unit in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2015 an increase of 45% against the previous year. The export price peaked at $1 per unit in 2020; however, from 2021 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 the United States ($1.7 per unit), while the average price for exports to New Zealand ($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 the United States (+22.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in South Africa (CIF) - 2024
The average import price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants stood at $262 per thousand units in January 2024, increasing by 91% against the previous month. Over the period under review, the import price continues to indicate strong growth. The pace of growth was the most pronounced in September 2023 an increase of 965% month-to-month. As a result, import price attained the peak level of $1.3 per unit. From October 2023 to January 2024, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the Netherlands.
From January 2023 to January 2024, the rate of growth in terms of prices for the Netherlands amounted to +6.8% per month.
Exports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in South Africa
Exports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants from South Africa amounted to 11M units in 2022, remaining stable against the previous year. The total export volume increased at an average annual rate of +3.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 30%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants amounted to $11M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +15.8% 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 +55.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 3.1 | 3.9 | 5.1 | 4.6 | 14.1% |
| China | 0.1 | 0.1 | 0.5 | 1.5 | 146.6% |
| Finland | 1.5 | 1.7 | 1.7 | 1.4 | -2.3% |
| United States | 0.7 | 0.7 | 1.0 | 1.0 | 12.6% |
| Sweden | 0.8 | 0.9 | 1.0 | 1.0 | 7.7% |
| Norway | 0.4 | 0.6 | 0.7 | 0.6 | 14.5% |
| New Zealand | N/A | N/A | 0.1 | N/A | 0% |
| Others | 0.1 | 0.4 | 0.4 | 0.4 | 58.7% |
| Total | 6.8 | 8.3 | 10.4 | 10.5 | 15.6% |
Top Export Markets for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant from South Africa in 2022:
- Netherlands (5.7M units)
- Finland (1.0M units)
- China (1.0M units)
- Sweden (0.8M units)
- United States (0.6M units)
- Norway (0.5M units)
- New Zealand (0.3M units)
Imports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in South Africa
Imports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants into South Africa surged to 23M units in 2022, jumping by 20% against the previous year's figure. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +22.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.1% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 52%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants surged to $3.4M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.7% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2.3 | 2.1 | 2.3 | 3.3 | 12.8% |
| Others | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Total | 2.4 | 2.1 | 2.4 | 3.4 | 12.3% |
Top Suppliers of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant to South Africa in 2022:
- Netherlands (22.6M units)
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