Price for Plants, Live; Roses, Grafted or Not in Sri Lanka - 2022

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

In 2022, the average import price for plants, live; roses, grafted or nots amounted to $3.2 per unit, approximately reflecting the previous year. In general, the import price recorded a buoyant expansion. The pace of growth appeared the most rapid in 2021 when the average import price increased by 855% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.

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 the Netherlands ($3.5 per unit), while the price for Kenya totaled $2.3 per unit.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.3%).

Imports of Plants, Live; Roses, Grafted or Not in Sri Lanka

In 2022, approx. 15K units of plants, live; roses, grafted or nots were imported into Sri Lanka; which is down by -8.4% on the previous year. In general, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 528%. As a result, imports attained the peak of 16K units, and then shrank in the following year.

In value terms, imports of plants, live; roses, grafted or nots shrank to $48K in 2022. Overall, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 5,901%. As a result, imports reached the peak of $52K, and then shrank in the following year.

Import of Plants, Live; Roses, Grafted or Not in Sri Lanka (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	12.8	N/A	52.4	40.3	46.6%
Kenya	N/A	N/A	N/A	8.1	0%
Denmark	N/A	0.9	N/A	N/A	0%
Others	N/A	N/A	N/A	N/A	0%
Total	12.8	0.9	52.4	48.4	55.8%