Price for Plants, Live; Roses, Grafted or Not in China - 2023

Contents:

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

Price for Plants, Live; Roses, Grafted or Not in China (FOB) - 2022

The average export price for plants, live; roses, grafted or nots stood at $0.4 per unit in 2022, growing by 3.1% against the previous year. In general, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for plants, live; roses, grafted or nots decreased by -27.2% against 2019 indices. The pace of growth appeared the most rapid in 2017 an increase of 27%. Over the period under review, the average export prices reached the maximum at $0.5 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($0.5 per unit), while the average price for exports to Vietnam ($0.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Plants, Live; Roses, Grafted or Not in China (CIF) - 2022

In 2022, the average import price for plants, live; roses, grafted or nots amounted to $4.5 per unit, increasing by 47% against the previous year. In general, the import price posted prominent growth. The pace of growth appeared the most rapid in 2018 when the average import price increased by 361%. As a result, import price attained the peak level of $6.6 per unit. From 2019 to 2022, the average import prices remained at a somewhat 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 France ($6.7 per unit), while the price for Kenya ($1.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Plants, Live; Roses, Grafted or Not in China

In 2022, overseas shipments of plants, live; roses, grafted or nots decreased by -69.3% to 1.4M units, falling for the second consecutive year after two years of growth. In general, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 832% against the previous year. As a result, the exports reached the peak of 5.3M units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of plants, live; roses, grafted or nots declined sharply to $522K in 2022. Overall, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 when exports increased by 792% against the previous year. As a result, the exports reached the peak of $2.7M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Plants, Live; Roses, Grafted or Not from China in 2022:

1. Vietnam (923.9K units)
2. Malaysia (311.9K units)
3. Thailand (123.9K units)

Imports of Plants, Live; Roses, Grafted or Not in China

In 2022, approx. 34K units of plants, live; roses, grafted or nots were imported into China; with an increase of 14% on the previous year. Over the period under review, imports, however, showed a precipitous curtailment. The growth pace was the most rapid in 2021 when imports increased by 97% against the previous year. Over the period under review, imports of hit record highs at 106K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of plants, live; roses, grafted or nots soared to $155K in 2022. Overall, imports, however, continue to indicate a significant decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 112% against the previous year. Imports peaked at $416K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Plants, Live; Roses, Grafted or Not to China in 2022:

1. France (20.4K units)
2. Netherlands (13.0K units)
3. Kenya (1.0K units)

Source: IndexBox Market Intelligence Platform