Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Thailand - 2024

Contents:

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

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

The average export price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants stood at $0.5 per unit in 2022, leveling off at the previous year. In general, the export price, however, saw a strong expansion. The pace of growth appeared the most rapid in 2020 an increase of 59% against the previous year. The export price peaked at $0.5 per unit in 2021, and then dropped slightly in the following year.

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 China ($0.7 per unit), while the average price for exports to Belgium ($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 Germany (+12.3%), 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 Thailand (CIF) - 2022

The average import price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants stood at $0.4 per unit in 2022, rising by 5.1% against the previous year. Over the period under review, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants increased by +54.7% against 2019 indices. The growth pace was the most rapid in 2020 an increase of 35% against the previous year. The import price peaked at $0.4 per unit in 2018; however, from 2019 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 the United States ($1.1 per unit), while the price for China ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants from Thailand fell to 1.8M units in 2022, which is down by -7.2% on 2021. Over the period under review, exports showed a dramatic decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 11%. The exports peaked at 8.4M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants shrank to $835K in 2022. Overall, exports recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 30% against the previous year. Over the period under review, the exports of attained the maximum at $2.2M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

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

1. United States (694.6K units)
2. Japan (409.7K units)
3. Netherlands (258.1K units)
4. Italy (134.3K units)
5. China (113.6K units)
6. Cambodia (76.2K units)
7. South Korea (22.8K units)
8. Malaysia (0.3K units)

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

In 2022, the amount of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants imported into Thailand rose remarkably to 1.9M units, surging by 8.9% on the year before. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 63%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants rose markedly to $697K in 2022. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 121% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

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

1. Netherlands (1347.9K units)
2. New Zealand (220.6K units)
3. Israel (169.4K units)
4. United States (46.7K units)
5. China (40.7K units)
6. France (28.7K units)

Source: IndexBox Market Intelligence Platform