Price for Plants, Live; Unrooted Cuttings and Slips in Vietnam - 2022
Contents:
- Price for Plants, Live; Unrooted Cuttings and Slips in Vietnam (FOB) - 2022
- Price for Plants, Live; Unrooted Cuttings and Slips in Vietnam (CIF) - 2022
- Exports of Plants, Live; Unrooted Cuttings and Slips in Vietnam
- Imports of Plants, Live; Unrooted Cuttings and Slips in Vietnam
Price for Plants, Live; Unrooted Cuttings and Slips in Vietnam (FOB) - 2022
In 2022, the average export price for plants, live; unrooted cuttings and slipses amounted to $0.4 per unit, waning by -30.5% against the previous year. Over the period under review, the export price continues to indicate a pronounced decline. The pace of growth appeared the most rapid in 2017 an increase of 25% against the previous year. Over the period under review, the average export prices reached the maximum at $0.8 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Japan ($0.4 per unit) and Canada ($0.4 per unit), while the average price for exports to Thailand ($0.4 per unit) and South Korea ($0.4 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-3.5%), while the prices for the other major destinations experienced a decline.
Price for Plants, Live; Unrooted Cuttings and Slips in Vietnam (CIF) - 2022
In 2022, the average import price for plants, live; unrooted cuttings and slipses amounted to $0.2 per unit, with a decrease of -7.3% against the previous year. In general, the import price continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2021 an increase of 49% against the previous year. Over the period under review, average import prices attained the peak figure at $0.4 per unit in 2012; however, from 2013 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 Kenya ($0.3 per unit), while the price for China ($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 the United States (+13.4%), while the prices for the other major suppliers experienced a decline.
Exports of Plants, Live; Unrooted Cuttings and Slips in Vietnam
In 2022, the amount of plants, live; unrooted cuttings and slipses exported from Vietnam skyrocketed to 23M units, rising by 39% compared with 2021 figures. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 44%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, exports of plants, live; unrooted cuttings and slipses fell to $9.3M in 2022. The total export value increased at an average annual rate of +7.7% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 17%. The exports peaked at $9.6M in 2021, and then fell modestly in the following year.
| Export of Plants, Live; Unrooted Cuttings and Slips in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2.1 | 2.5 | 3.2 | 2.9 | 11.4% |
| Japan | 2.5 | 3.0 | 2.8 | 2.9 | 5.1% |
| Canada | 1.1 | 1.1 | 1.2 | 1.3 | 5.7% |
| United States | 0.8 | 0.9 | 1.1 | 1.2 | 14.5% |
| Thailand | N/A | 0.4 | 0.5 | 0.4 | 0.0% |
| South Korea | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
| Others | 0.8 | 0.5 | 0.6 | 0.4 | -20.6% |
| Total | 7.5 | 8.7 | 9.6 | 9.3 | 7.4% |
Top Export Markets for Plants, Live; Unrooted Cuttings and Slips from Vietnam in 2022:
- Netherlands (7.2M units)
- Japan (7.1M units)
- Canada (3.2M units)
- United States (3.0M units)
- Thailand (1.0M units)
- South Korea (0.4M units)
Imports of Plants, Live; Unrooted Cuttings and Slips in Vietnam
In 2022, supplies from abroad of plants, live; unrooted cuttings and slipses decreased by -16% to 2.3M units, falling for the second year in a row after two years of growth. In general, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 5%. As a result, imports attained the peak of 4.5M units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of plants, live; unrooted cuttings and slipses dropped rapidly to $347K in 2022. Over the period under review, imports recorded a deep downturn. The growth pace was the most rapid in 2020 when imports increased by 8.9% against the previous year. As a result, imports attained the peak of $494K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Plants, Live; Unrooted Cuttings and Slips in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 17.5 | N/A | N/A | 190 | 121.4% |
| Japan | 279 | 191 | 144 | 119 | -24.7% |
| Netherlands | 20.9 | 18.9 | 17.1 | 11.4 | -18.3% |
| Kenya | 20.0 | 10.3 | 25.6 | 10.4 | -19.6% |
| Italy | 10.4 | 10.0 | 8.0 | 8.5 | -6.5% |
| Denmark | 26.4 | 17.8 | 12.3 | 7.2 | -35.2% |
| United States | 64.1 | 246 | 235 | N/A | 91.5% |
| Others | 15.7 | N/A | 3.9 | 0.6 | -66.3% |
| Total | 453 | 494 | 446 | 347 | -8.5% |
Top Suppliers of Plants, Live; Unrooted Cuttings and Slips to Vietnam in 2022:
- China (1624.6K units)
- Japan (490.2K units)
- Netherlands (46.8K units)
- Kenya (40.4K units)
- Italy (36.8K units)
- Denmark (29.5K units)
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