Price for Plants, Live; Unrooted Cuttings and Slips in Australia - 2024
Contents:
- Price for Plants, Live; Unrooted Cuttings and Slips in Australia (FOB) - 2022
- Price for Plants, Live; Unrooted Cuttings and Slips in Australia (CIF) - 2022
- Exports of Plants, Live; Unrooted Cuttings and Slips in Australia
- Imports of Plants, Live; Unrooted Cuttings and Slips in Australia
Price for Plants, Live; Unrooted Cuttings and Slips in Australia (FOB) - 2022
In 2022, the average export price for plants, live; unrooted cuttings and slipses amounted to $0.6 per unit, growing by 128% against the previous year. Over the period under review, the export price, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2015 an increase of 312% against the previous year. As a result, the export price reached the peak level of $4.8 per unit. From 2016 to 2022, the average export prices remained at a somewhat 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 Italy ($1.5 per unit), while the average price for exports to Hong Kong SAR ($0.1 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 the Netherlands (+30.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Plants, Live; Unrooted Cuttings and Slips in Australia (CIF) - 2022
In 2022, the average import price for plants, live; unrooted cuttings and slipses amounted to $0.5 per unit, growing by 12% against the previous year. In general, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for plants, live; unrooted cuttings and slipses increased by +49.4% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 44% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($1.1 per unit), while the price for Vietnam ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Plants, Live; Unrooted Cuttings and Slips in Australia
In 2022, after three years of growth, there was significant decline in shipments abroad of plants, live; unrooted cuttings and slipses, when their volume decreased by -32% to 753K units. In general, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 398% against the previous year. As a result, the exports attained the peak of 1.1M units, and then contracted dramatically in the following year.
In value terms, exports of plants, live; unrooted cuttings and slipses surged to $441K in 2022. Overall, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 85% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Plants, Live; Unrooted Cuttings and Slips in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 3.1 | 81.2 | 94.3 | 252 | 333.2% |
| Sri Lanka | N/A | N/A | 23.7 | 75.4 | 218.1% |
| United Kingdom | N/A | 7.2 | 9.1 | 44.4 | 148.3% |
| Italy | 51.7 | 33.1 | 39.6 | 40.1 | -8.1% |
| Hong Kong SAR | N/A | N/A | 6.1 | 9.3 | 52.5% |
| France | 8.7 | 2.1 | 6.4 | N/A | -14.2% |
| Mexico | N/A | 1.7 | N/A | N/A | 0% |
| Turkey | N/A | N/A | 33.5 | N/A | 0% |
| Others | 134 | 28.4 | 71.8 | 19.4 | -47.5% |
| Total | 198 | 154 | 285 | 441 | 30.6% |
Top Export Markets for Plants, Live; Unrooted Cuttings and Slips from Australia in 2022:
- Japan (457.7K units)
- United Kingdom (135.1K units)
- Hong Kong SAR (65.1K units)
- Sri Lanka (61.3K units)
- Italy (26.8K units)
Imports of Plants, Live; Unrooted Cuttings and Slips in Australia
For the third consecutive year, Australia recorded decline in purchases abroad of plants, live; unrooted cuttings and slipses, which decreased by -58.6% to 692K units in 2022. Overall, imports recorded a sharp reduction. The smallest decline of -37.8% was in 2021. Imports peaked at 5.7M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of plants, live; unrooted cuttings and slipses dropped remarkably to $331K in 2022. Over the period under review, imports recorded a significant decline. The smallest decline of -16.7% was in 2021. Over the period under review, imports of reached the peak figure at $2M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Plants, Live; Unrooted Cuttings and Slips in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 86.7 | 98.5 | 101 | 87.5 | 0.3% |
| South Korea | 49.1 | 27.8 | 83.9 | 65.5 | 10.1% |
| Sri Lanka | 320 | 130 | 234 | 65.0 | -41.2% |
| Thailand | 117 | 62.1 | 53.9 | 36.8 | -32.0% |
| Indonesia | 247 | 8.5 | 14.3 | 20.8 | -56.2% |
| China | 627 | 307 | 36.1 | 16.6 | -70.2% |
| Netherlands | 103 | 45.6 | 28.7 | 8.6 | -56.3% |
| Kenya | 59.1 | 30.5 | 19.7 | 6.3 | -52.6% |
| Vietnam | 5.3 | 4.7 | 8.0 | 3.6 | -12.1% |
| Zimbabwe | 110 | 52.6 | 26.1 | 2.2 | -72.9% |
| India | 51.6 | 8.3 | N/A | N/A | -83.9% |
| Others | 181 | 84.6 | 111 | 18.0 | -53.7% |
| Total | 1,956 | 861 | 717 | 331 | -44.7% |
Top Suppliers of Plants, Live; Unrooted Cuttings and Slips to Australia in 2022:
- Sri Lanka (218.8K units)
- Philippines (158.3K units)
- South Korea (79.0K units)
- China (52.5K units)
- Vietnam (49.0K units)
- Thailand (32.1K units)
- Kenya (25.9K units)
- Indonesia (24.9K units)
- Netherlands (18.4K units)
- Zimbabwe (6.4K units)
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