Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Canada - 2023

Contents:

  1. Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Canada (CIF) - 2023
  2. Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Canada (FOB) - 2022
  3. Imports of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Canada
  4. Exports of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Canada

Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Canada (CIF) - 2023

In December 2023, the average import price for plants, live; rhododendrons and azaleas, grafted or nots amounted to $4.1 per unit, reducing by -67.6% against the previous month. Overall, the import price, however, saw a temperate increase. The pace of growth was the most pronounced in November 2023 when the average import price increased by 105% month-to-month. As a result, import price reached the peak level of $12.6 per unit, and then declined markedly in the following month.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From December 2022 to December 2023, the rate of growth in terms of prices for the United States amounted to +2.5% per month.

Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Canada (FOB) - 2022

The average export price for plants, live; rhododendrons and azaleas, grafted or nots stood at $4 per unit in 2022, increasing by 6.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.0%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 36%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +4.0% per year.

Imports of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Canada

In 2022, the amount of plants, live; rhododendrons and azaleas, grafted or nots imported into Canada skyrocketed to 711K units, growing by 34% on 2021 figures. The total import volume increased at an average annual rate of +2.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, imports of attained the maximum at 795K units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, imports of plants, live; rhododendrons and azaleas, grafted or nots reached $3.5M in 2022. The total import value increased at an average annual rate of +4.8% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 16% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.03.03.53.55.3%
OthersN/AN/AN/AN/A0%
Total3.03.03.53.55.3%

Top Suppliers of Plants, Live; Rhododendrons and Azaleas, Grafted or Not to Canada in 2022:

  1. United States (711.0K units)

Exports of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Canada

In 2022, approx. 671K units of plants, live; rhododendrons and azaleas, grafted or nots were exported from Canada; declining by -14% against the previous year's figure. Overall, exports faced a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 7.2%. The exports peaked at 1.1M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of plants, live; rhododendrons and azaleas, grafted or nots shrank to $2.7M in 2022. In general, exports showed a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 46%. The exports peaked at $3.4M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.42.03.02.7-7.4%
OthersN/AN/AN/AN/A0%
Total3.42.03.02.7-7.4%

Top Export Markets for Plants, Live; Rhododendrons and Azaleas, Grafted or Not from Canada in 2022:

  1. United States (671.4K units)

Source: IndexBox Market Intelligence Platform

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