Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in the United States - 2023
Contents:
- Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in the United States (FOB) - 2023
- Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in the United States (CIF) - 2022
- Exports of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in the United States
- Imports of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in the United States
Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in the United States (FOB) - 2023
The average export price for plants, live; rhododendrons and azaleas, grafted or nots stood at $4.1 per unit in December 2023, dropping by -13.3% against the previous month. In general, the export price, however, recorded a measured increase. The pace of growth was the most pronounced in January 2023 when the average export price increased by 61% m-o-m. Over the period under review, the average export prices hit record highs at $7.8 per unit in March 2023; however, from April 2023 to December 2023, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Canada.
From December 2022 to December 2023, the rate of growth in terms of prices for Canada amounted to +2.5% per month.
Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in the United States (CIF) - 2022
In 2022, the average import price for plants, live; rhododendrons and azaleas, grafted or nots amounted to $5 per unit, growing by 4.8% against the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.4% 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; rhododendrons and azaleas, grafted or nots increased by +29.9% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 32%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for Canada.
From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +5.2% per year.
Exports of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in the United States
Exports of plants, live; rhododendrons and azaleas, grafted or nots from the United States soared to 721K units in 2022, picking up by 33% compared with 2021 figures. The total export volume increased at an average annual rate of +2.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the exports of attained the peak figure at 777K units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of plants, live; rhododendrons and azaleas, grafted or nots totaled $3.6M in 2022. The total export value increased at an average annual rate of +5.6% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 18% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 3.0 | 3.0 | 3.5 | 3.6 | 6.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.1 | 3.0 | 3.5 | 3.6 | 5.1% |
Top Export Markets for Plants, Live; Rhododendrons and Azaleas, Grafted or Not from the United States in 2022:
- Canada (720.7K units)
Imports of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in the United States
Imports of plants, live; rhododendrons and azaleas, grafted or nots into the United States shrank to 550K units in 2022, dropping by -11.3% compared with the previous year. Overall, imports recorded a abrupt downturn. The pace of growth was the most pronounced in 2021 when imports increased by 17% against the previous year. Over the period under review, imports of reached the peak figure at 889K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of plants, live; rhododendrons and azaleas, grafted or nots contracted to $2.8M in 2022. In general, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 45% against the previous year. Imports peaked at $3.5M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 3.4 | 2.0 | 3.0 | 2.7 | -7.4% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 3.5 | 2.0 | 3.0 | 2.8 | -7.2% |
Top Suppliers of Plants, Live; Rhododendrons and Azaleas, Grafted or Not to the United States in 2022:
- Canada (549.5K units)
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