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

Contents:

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

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

In 2022, the average export price for plants, live; unrooted cuttings and slipses amounted to $0.2 per unit, increasing by 5.4% against the previous year. Over the period under review, the export price, however, saw a perceptible contraction. The growth pace was the most rapid in 2017 when the average export price increased by 30%. The export price peaked at $0.3 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Morocco ($0.3 per unit), while the average price for exports to Portugal ($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 Morocco (+3.1%), while the prices for the other major destinations experienced a decline.

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

The average import price for plants, live; unrooted cuttings and slipses stood at $0.4 per unit in 2022, growing by 31% against the previous year. Overall, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, average import prices hit record highs at $0.4 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ethiopia ($0.8 per unit), while the price for Italy ($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 Costa Rica (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

After three years of growth, shipments abroad of plants, live; unrooted cuttings and slipses decreased by -4% to 97M units in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +18.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 33%. As a result, the exports attained the peak of 101M units, and then dropped slightly in the following year.

In value terms, exports of plants, live; unrooted cuttings and slipses reached $18M in 2022. The total export value increased at an average annual rate of +7.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 27%. The exports peaked in 2022 and are likely to continue growth in the near future.

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

1. France (24.4M units)
2. Netherlands (23.1M units)
3. Germany (20.0M units)
4. Portugal (14.0M units)
5. Italy (10.2M units)
6. Morocco (1.9M units)

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

After three years of growth, supplies from abroad of plants, live; unrooted cuttings and slipses decreased by -15.6% to 48M units in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +11.5% 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 +38.5% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 35%. As a result, imports reached the peak of 57M units, and then contracted markedly in the following year.

In value terms, imports of plants, live; unrooted cuttings and slipses rose rapidly to $17M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +13.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 27%. Imports peaked in 2022 and are expected to retain growth in years to come.

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

1. Netherlands (20.3M units)
2. Italy (8.5M units)
3. France (8.3M units)
4. China (2.8M units)
5. Portugal (2.4M units)
6. Germany (1.8M units)
7. Ethiopia (1.3M units)
8. Belgium (1.3M units)
9. Kenya (0.6M units)

Source: IndexBox Market Intelligence Platform