Price for Plants, Live; Unrooted Cuttings and Slips in Mexico - 2022
Contents:
- Price for Plants, Live; Unrooted Cuttings and Slips in Mexico (FOB) - 2022
- Price for Plants, Live; Unrooted Cuttings and Slips in Mexico (CIF) - 2022
- Exports of Plants, Live; Unrooted Cuttings and Slips in Mexico
- Imports of Plants, Live; Unrooted Cuttings and Slips in Mexico
Price for Plants, Live; Unrooted Cuttings and Slips in Mexico (FOB) - 2022
In 2022, the average export price for plants, live; unrooted cuttings and slipses amounted to $0.6 per unit, growing by 67% against the previous year. Over the period under review, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for plants, live; unrooted cuttings and slipses decreased by -20.1% against 2017 indices. The export price peaked at $0.7 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($0.7 per unit), while the average price for exports to the United States stood at $0.5 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+126.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Plants, Live; Unrooted Cuttings and Slips in Mexico (CIF) - 2022
In 2022, the average import price for plants, live; unrooted cuttings and slipses amounted to $0.6 per unit, increasing by 33% against the previous year. Over the period under review, the import price posted a measured increase. The most prominent rate of growth was recorded in 2020 an increase of 129% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for the Netherlands.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +16.8% per year.
Exports of Plants, Live; Unrooted Cuttings and Slips in Mexico
For the third year in a row, Mexico recorded decline in shipments abroad of plants, live; unrooted cuttings and slipses, which decreased by -57% to 7M units in 2022. In general, exports showed a precipitous curtailment. The smallest decline of -18.1% was in 2020. Over the period under review, the exports of hit record highs at 32M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of plants, live; unrooted cuttings and slipses dropped notably to $4.1M in 2022. Over the period under review, exports continue to indicate a precipitous decrease. The smallest decline of -13.2% was in 2020. The exports peaked at $20M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Plants, Live; Unrooted Cuttings and Slips in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 4.2 | 2.4 | 1.4 | 2.5 | -15.9% |
| United States | 15.8 | 14.8 | 3.9 | 1.6 | -53.4% |
| Spain | N/A | N/A | 0.1 | N/A | 0% |
| Others | 0.2 | 0.2 | 0.3 | N/A | 22.5% |
| Total | 20.2 | 17.5 | 5.7 | 4.1 | -41.2% |
Top Export Markets for Plants, Live; Unrooted Cuttings and Slips from Mexico in 2022:
- United States (3.5M units)
- Canada (3.5M units)
Imports of Plants, Live; Unrooted Cuttings and Slips in Mexico
Imports of plants, live; unrooted cuttings and slipses into Mexico shrank remarkably to 6K units in 2022, which is down by -99.8% compared with 2021. Over the period under review, imports saw a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 53%. As a result, imports reached the peak of 2.9M units, and then reduced notably in the following year.
In value terms, imports of plants, live; unrooted cuttings and slipses contracted significantly to $3.4K in 2022. Overall, imports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 61%. As a result, imports reached the peak of $1.2M, and then shrank notably in the following year.
| Import of Plants, Live; Unrooted Cuttings and Slips in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 34.9 | 16.5 | 55.8 | 3.4 | -54.0% |
| Spain | 57.4 | 250 | 41.1 | N/A | -15.4% |
| China | 9.6 | 9.9 | 22.6 | N/A | 53.4% |
| Germany | 36.1 | 29.7 | 35.3 | N/A | -1.1% |
| Guatemala | 72.1 | 18.6 | 19.4 | N/A | -48.1% |
| France | 79.9 | 31.6 | 147 | N/A | 35.6% |
| Others | 217 | 418 | 923 | N/A | 106.2% |
| Total | 507 | 774 | 1,245 | 3.4 | -81.1% |
Top Suppliers of Plants, Live; Unrooted Cuttings and Slips to Mexico in 2022:
- Netherlands (6.0K units)
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