Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Nepal - 2022

Contents:

1. Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Nepal (CIF) - 2022
2. Imports of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Nepal

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

The average import price for plants, live; rhododendrons and azaleas, grafted or nots stood at $4.8 per unit in 2022, falling by -41.3% against the previous year. Over the period under review, the import price continues to indicate a mild curtailment. The growth pace was the most rapid in 2020 when the average import price increased by 83% against the previous year. As a result, import price reached the peak level of $9.7 per unit. From 2021 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -1.5% per year.

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

Imports of plants, live; rhododendrons and azaleas, grafted or nots into Nepal was estimated at 271 units in 2022, increasing by 1.9% against the previous year's figure. In general, imports showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 300%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of plants, live; rhododendrons and azaleas, grafted or nots contracted notably to $1.3K in 2022. Overall, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 632%. Over the period under review, imports of hit record highs at $2.2K in 2021, and then contracted remarkably in the following year.

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

1. India (271.0 units)

Source: IndexBox Market Intelligence Platform