Price for Plants, Live; Roses, Grafted or Not in Hong Kong SAR - 2022

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

The average import price for plants, live; roses, grafted or nots stood at $1.4 per unit in 2022, picking up by 56% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 386% against the previous year. As a result, import price reached the peak level of $3.5 per unit. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($5.1 per unit), while the price for China totaled $1.1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.7%).

Imports of Plants, Live; Roses, Grafted or Not in Hong Kong SAR

In 2022, supplies from abroad of plants, live; roses, grafted or nots decreased by -43.2% to 5K units, falling for the second consecutive year after two years of growth. In general, imports showed a dramatic descent. The growth pace was the most rapid in 2020 with an increase of 8.9% against the previous year. As a result, imports reached the peak of 11K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of plants, live; roses, grafted or nots fell to $6.9K in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +18.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 43%. Imports peaked at $7.8K in 2021, and then declined in the following year.