Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in China - 2023
Contents:
- Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in China (CIF) - 2022
- Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in China (FOB) - 2023
- Imports of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in China
- Exports of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in China
Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in China (CIF) - 2022
In 2022, the average import price for plants, live; rhododendrons and azaleas, grafted or nots amounted to $33 per unit, waning by -49.8% against the previous year. In general, the import price, however, saw prominent growth. The pace of growth appeared the most rapid in 2014 an increase of 252%. The import price peaked at $72 per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
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 Japan ($100 per unit), while the price for Belgium ($5.7 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 (+9.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in China (FOB) - 2023
The average export price for plants, live; rhododendrons and azaleas, grafted or nots stood at $2.1 per unit in December 2023, rising by 32% against the previous month. Over the period under review, the export price continues to indicate a resilient increase. The pace of growth was the most pronounced in September 2023 an increase of 120% month-to-month. The export price peaked in December 2023.
There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was the Netherlands ($2.4 per unit), while the average price for exports to Macao SAR ($487 per thousand units) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+17.1%), while the prices for the other major destinations experienced a decline.
Imports of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in China
In 2022, imports of plants, live; rhododendrons and azaleas, grafted or nots into China surged to 174K units, with an increase of 52% against 2021 figures. Overall, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of plants, live; rhododendrons and azaleas, grafted or nots dropped sharply to $5.7M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +8.7% 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 +28.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 32% against the previous year. As a result, imports reached the peak of $7.5M, and then fell significantly in the following year.
| Import of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 3.5 | 4.9 | 6.6 | 5.0 | 12.6% |
| Belgium | N/A | 0.1 | 0.2 | 0.6 | 144.9% |
| Germany | 0.9 | 0.7 | 0.6 | 0.2 | -39.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.4 | 5.7 | 7.5 | 5.7 | 9.0% |
Top Suppliers of Plants, Live; Rhododendrons and Azaleas, Grafted or Not to China in 2022:
- Belgium (102.4K units)
- Japan (49.7K units)
- Germany (20.5K units)
Exports of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in China
In 2022, after three years of growth, there was significant decline in overseas shipments of plants, live; rhododendrons and azaleas, grafted or nots, when their volume decreased by -30.4% to 480K units. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +6.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 39%. As a result, the exports attained the peak of 690K units, and then reduced markedly in the following year.
In value terms, exports of plants, live; rhododendrons and azaleas, grafted or nots dropped notably to $703K in 2022. Over the period under review, exports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 127%. As a result, the exports attained the peak of $1.5M, and then shrank notably in the following year.
| Export of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 7.4 | 35.5 | 916 | 409 | 280.9% |
| Myanmar | N/A | N/A | N/A | 33.9 | 0% |
| Netherlands | 40.0 | 41.0 | 51.4 | 32.7 | -6.5% |
| South Korea | 1.1 | 257 | 115 | 29.5 | 199.3% |
| Malaysia | 33.1 | 10.5 | 36.7 | 4.8 | -47.5% |
| Macao SAR | 109 | N/A | N/A | N/A | 0% |
| Hong Kong SAR | 101 | N/A | N/A | N/A | 0% |
| Taiwan (Chinese) | 159 | N/A | N/A | N/A | 0% |
| Others | 68.5 | 298 | 336 | 194 | 41.5% |
| Total | 519 | 642 | 1,455 | 703 | 10.6% |
Top Export Markets for Plants, Live; Rhododendrons and Azaleas, Grafted or Not from China in 2022:
- Vietnam (326.5K units)
- South Korea (49.2K units)
- Myanmar (13.0K units)
- Netherlands (11.5K units)
- Malaysia (3.1K units)
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