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

Contents:

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

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

In 2022, the average import price for plants, live; roses, grafted or nots amounted to $4 per unit, reducing by -7.7% against the previous year. Overall, the import price, however, continues to indicate buoyant growth. The growth pace was the most rapid in 2020 an increase of 102% against the previous year. The import price peaked at $4.3 per unit in 2021, and then declined in the following year.

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 Belgium ($9.1 per unit), while the price for Latvia ($2.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+85.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for plants, live; roses, grafted or nots stood at $3.8 per unit in 2022, picking up by 8.3% against the previous year. Over the period under review, the export price showed a temperate expansion. The most prominent rate of growth was recorded in 2018 an increase of 360%. As a result, the export price attained the peak level of $4.3 per unit. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($3.9 per unit), while the average price for exports to Latvia stood at $1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (-10.0%), while the prices for the other major destinations experienced a decline.

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

In 2022, after two years of decline, there was significant growth in overseas purchases of plants, live; roses, grafted or nots, when their volume increased by 34% to 134K units. In general, imports, however, continue to indicate a deep reduction. Imports peaked at 212K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of plants, live; roses, grafted or nots soared to $536K in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +15.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.0% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Netherlands (95.3K units)
2. Poland (15.7K units)
3. Latvia (7.2K units)
4. Finland (6.2K units)
5. Belgium (5.5K units)

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

In 2022, approx. 6.7K units of plants, live; roses, grafted or nots were exported from Estonia; picking up by 4.6% on the previous year's figure. Over the period under review, exports continue to indicate a strong expansion. The pace of growth was the most pronounced in 2020 with an increase of 135%. As a result, the exports attained the peak of 10K units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of plants, live; roses, grafted or nots rose rapidly to $25K in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +15.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -4.3% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 62%. As a result, the exports reached the peak of $27K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Finland (6.3K units)
2. Latvia (0.4K units)

Source: IndexBox Market Intelligence Platform