Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in the UK - 2023
Contents:
- Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in the UK (CIF) - 2023
- Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in the UK (FOB) - 2022
- Imports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in the UK
- Exports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in the UK
Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in the UK (CIF) - 2023
In December 2023, the average import price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants amounted to $109 per thousand units, waning by -27.7% against the previous month. Overall, the import price continues to indicate a slight slump. The pace of growth was the most pronounced in August 2023 when the average import price increased by 45% m-o-m. Over the period under review, average import prices hit record highs at $177 per thousand units in September 2023; however, from October 2023 to December 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the Netherlands.
From December 2022 to December 2023, the rate of growth in terms of prices for the Netherlands amounted to -1.8% per month.
Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in the UK (FOB) - 2022
In 2022, the average export price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants amounted to $0.2 per unit, picking up by 28% against the previous year. In general, the export price enjoyed prominent growth. The pace of growth was the most pronounced in 2021 an increase of 46%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($0.3 per unit), while the average price for exports to Denmark ($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 Ireland (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in the UK
In 2022, the amount of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants imported into the UK surged to 654M units, increasing by 74% against 2021. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +11.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants surged to $95M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +17.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 54.2 | 66.4 | 52.2 | 91.3 | 19.0% |
| Others | 3.5 | 5.6 | 3.7 | 3.3 | -1.9% |
| Total | 57.7 | 72.0 | 55.9 | 94.6 | 17.9% |
Top Suppliers of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant to the UK in 2022:
- Netherlands (640.1M units)
Exports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in the UK
In 2022, approx. 67M units of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants were exported from the UK; waning by -18.2% against the year before. Overall, exports saw a abrupt slump. The smallest decline of -7.6% was in 2020. Over the period under review, the exports of attained the peak figure at 100M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants totaled $10M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +12.2% 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 +41.2% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 29% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.
| Export of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2.3 | 2.5 | 5.0 | 5.3 | 32.1% |
| United States | 2.9 | 2.3 | 3.4 | 3.3 | 4.4% |
| Ireland | 1.3 | 1.8 | 0.6 | 0.6 | -22.7% |
| France | N/A | N/A | 0.2 | 0.5 | 150.0% |
| Sweden | 0.3 | 0.2 | 0.3 | 0.3 | 0.0% |
| Denmark | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Germany | 0.3 | 0.4 | 0.1 | N/A | -42.3% |
| Czech Republic | 0.1 | 0.3 | 0.1 | N/A | 0.0% |
| Others | 0.2 | 0.1 | 0.2 | 0.2 | 0.0% |
| Total | 7.4 | 7.7 | 9.9 | 10.4 | 12.0% |
Top Export Markets for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant from the UK in 2022:
- Netherlands (30.1M units)
- United States (27.5M units)
- France (2.9M units)
- Sweden (2.8M units)
- Ireland (1.9M units)
- Denmark (1.1M units)
- Germany (0.1M units)
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