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

Contents:

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

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

The average import price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants stood at $93 per thousand units in 2022, leveling off at the previous year. In general, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +6.1% 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 +77.0% against 2017 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 39% against the previous year. As a result, import price reached the peak level of $94 per thousand units, leveling off in the following year.

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 France ($435 per thousand units), while the price for the Netherlands stood at $85 per thousand units.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+23.7%).

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

In 2022, the average export price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants amounted to $0.1 per unit, surging by 13% against the previous year. Overall, the export price, however, saw a drastic downturn. The pace of growth was the most pronounced in 2016 when the average export price increased by 59%. Over the period under review, the average export prices reached the peak figure at $0.2 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($0.3 per unit), while the average price for exports to the Netherlands totaled $0.1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-8.7%).

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

In 2022, imports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants into Turkey dropped to 27M units, with a decrease of -2.5% on the year before. Overall, imports continue to indicate a deep setback. The growth pace was the most rapid in 2021 with an increase of 4.8%. Imports peaked at 38M 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 reduced modestly to $2.5M in 2022. The total import value increased at an average annual rate of +1.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 46%. As a result, imports attained the peak of $2.6M, and then fell slightly in the following year.

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

1. Netherlands (26.1M units)
2. France (0.4M units)

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

In 2022, overseas shipments of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants decreased by -20.4% to 22M units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 79%. The exports peaked at 28M units in 2021, and then reduced dramatically in the following year.

In value terms, exports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants shrank to $1.7M in 2022. The total export value increased at an average annual rate of +7.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 34%. As a result, the exports reached the peak of $1.9M, and then reduced in the following year.

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

1. Netherlands (20.9M units)
2. Russia (1.0M units)

Source: IndexBox Market Intelligence Platform