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

Contents:

1. Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in the Dominican Republic (CIF) - 2022
2. Imports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in the Dominican Republic

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

In 2022, the average import price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants amounted to $0.2 per unit, with an increase of 12% against the previous year. In general, the import price showed mild growth. The growth pace was the most rapid in 2016 when the average import price increased by 28% against the previous year. Over the period under review, average import prices attained the peak figure at $0.2 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 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 (+2.9%), while the prices for the other major suppliers experienced a decline.

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

After two years of decline, overseas purchases of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants decreased by -55.5% to 65K units in 2022. Over the period under review, imports, however, saw a strong expansion. Imports peaked at 147K units in 2021, and then declined significantly in the following year.

In value terms, imports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants dropped markedly to $12K in 2022. In general, imports, however, saw a significant increase. Imports peaked at $23K in 2021, and then declined significantly in the following year.

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

1. China (35.5K units)
2. Netherlands (28.6K units)
3. United States (1.1K units)

Source: IndexBox Market Intelligence Platform