Price for Plants, Live; Unrooted Cuttings and Slips in India - 2023

Contents:

  1. Price for Plants, Live; Unrooted Cuttings and Slips in India (CIF) - 2022
  2. Price for Plants, Live; Unrooted Cuttings and Slips in India (FOB) - 2022
  3. Imports of Plants, Live; Unrooted Cuttings and Slips in India
  4. Exports of Plants, Live; Unrooted Cuttings and Slips in India

Price for Plants, Live; Unrooted Cuttings and Slips in India (CIF) - 2022

In 2022, the average import price for plants, live; unrooted cuttings and slipses amounted to $0.1 per unit, increasing by 3.6% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2016 when the average import price increased by 34%. Over the period under review, average import prices reached the peak figure at $0.2 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Netherlands ($0.1 per unit) and Thailand ($0.1 per unit), while the price for Kenya ($0.1 per unit) and Spain ($0.1 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Plants, Live; Unrooted Cuttings and Slips in India (FOB) - 2022

In 2022, the average export price for plants, live; unrooted cuttings and slipses amounted to $0.3 per unit, jumping by 66% against the previous year. In general, the export price saw a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Poland.

From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to +32.8% per year.

Imports of Plants, Live; Unrooted Cuttings and Slips in India

Imports of plants, live; unrooted cuttings and slipses into India reduced to 2.5M units in 2022, flattening at the previous year's figure. Over the period under review, imports showed a sharp decrease. Imports peaked at 6.5M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of plants, live; unrooted cuttings and slipses expanded modestly to $302K in 2022. Overall, imports saw a sharp setback. Imports peaked at $881K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Plants, Live; Unrooted Cuttings and Slips in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand97.596.415418022.7%
Netherlands1.647.227.260.8236.2%
Spain43.33.5N/A35.3-6.6%
Kenya25245.075.211.6-64.2%
DenmarkN/AN/AN/A10.40%
United States36.931.32.2N/A-75.6%
Greece80.147.16.1N/A-72.4%
United Arab Emirates15.612.3N/AN/A-21.2%
Italy1108.521.8N/A-55.5%
Israel20511.84.8N/A-84.7%
Others39.419.32.24.4-51.8%
Total881322294302-30.0%

Top Suppliers of Plants, Live; Unrooted Cuttings and Slips to India in 2022:

  1. Thailand (1489.9K units)
  2. Netherlands (503.7K units)
  3. Spain (292.5K units)
  4. Kenya (96.3K units)
  5. Denmark (86.2K units)

Exports of Plants, Live; Unrooted Cuttings and Slips in India

In 2022, exports of plants, live; unrooted cuttings and slipses from India dropped rapidly to 374 units, falling by 99.9% compared with the previous year's figure. In general, exports continue to indicate a sharp decline. The pace of growth appeared the most rapid in 2021 when exports increased by 61% against the previous year. As a result, the exports attained the peak of 16M units, and then contracted markedly in the following year.

In value terms, exports of plants, live; unrooted cuttings and slipses declined rapidly to $118 in 2022. Over the period under review, exports continue to indicate a dramatic slump. The growth pace was the most rapid in 2021 with an increase of 66% against the previous year. As a result, the exports reached the peak of $3M, and then declined notably in the following year.

Export of Plants, Live; Unrooted Cuttings and Slips in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/AN/A0.10.10.0%
Spain14473.1170N/A8.7%
Kenya60.068.4154N/A60.2%
United States127172439N/A85.9%
France63.515.193.7N/A21.5%
Iran160132N/AN/A-17.5%
Netherlands64.3126343N/A131.0%
Saudi Arabia16813.8N/AN/A-91.8%
Canada769622441N/A-24.3%
Others5105871,357N/A63.1%
Total2,0661,8093,0000.1-96.4%

Top Export Markets for Plants, Live; Unrooted Cuttings and Slips from India in 2022:

  1. Poland (374.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Plants, live; unrooted cuttings and slips - India