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

Contents:

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

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

The average import price for plants, live; rhododendrons and azaleas, grafted or nots stood at $4 per unit in 2022, increasing by 1.5% against the previous year. Over the period under review, the import price, however, showed a deep slump. The pace of growth was the most pronounced in 2017 an increase of 39%. Over the period under review, average import prices attained the peak figure at $9.1 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +4.5% per year.

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

In 2021, the average export price for plants, live; rhododendrons and azaleas, grafted or nots amounted to $0.5 per unit, almost unchanged from the previous year. In general, the export price saw a dramatic decline. The pace of growth was the most pronounced in 2020 a decrease of 99.9% against the previous year. Over the period under review, the average export prices hit record highs at $1.4 per unit in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Singapore ($0.5 per unit), while the average price for exports to Lao People's Democratic Republic amounted to $0.5 per unit.

From 2017 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Lao People's Democratic Republic (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of plants, live; rhododendrons and azaleas, grafted or nots into Vietnam skyrocketed to 130K units in 2022, with an increase of 25% against 2021. In general, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 409%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of plants, live; rhododendrons and azaleas, grafted or nots surged to $526K in 2022. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 286%. Imports peaked in 2022 and are expected to retain growth in the near future.

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

1. China (130.1K units)

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

Exports of plants, live; rhododendrons and azaleas, grafted or nots from Vietnam amounted to 12K units in 2021, remaining constant against the previous year. Over the period under review, exports showed a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of hit record highs in 2021 and are likely to see gradual growth in the immediate term.

In value terms, exports of plants, live; rhododendrons and azaleas, grafted or nots amounted to $5.6K in 2021. Overall, exports saw a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of hit record highs in 2021 and are likely to continue growth in years to come.

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

1. Lao People's Democratic Republic (11.0K units)
2. Singapore (1.1K units)

Source: IndexBox Market Intelligence Platform