Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Hungary - 2023

Contents:

  1. Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Hungary (CIF) - 2022
  2. Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Hungary (FOB) - 2022
  3. Imports of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Hungary
  4. Exports of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Hungary

Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Hungary (CIF) - 2022

The average import price for plants, live; rhododendrons and azaleas, grafted or nots stood at $3.5 per unit in 2022, increasing by 4.5% against the previous year. In general, the import price, however, continues to indicate a perceptible shrinkage. The growth pace was the most rapid in 2021 when the average import price increased by 16% against the previous year. Over the period under review, average import prices reached the maximum at $5.1 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($6.9 per unit), while the price for the Netherlands ($3.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Hungary (FOB) - 2022

The average export price for plants, live; rhododendrons and azaleas, grafted or nots stood at $4.6 per unit in 2022, rising by 19% against the previous year. Over the period from 2019 to 2022, it increased at an average annual rate of +3.8%. The pace of growth appeared the most rapid in 2020 when the average export price increased by 33%. As a result, the export price attained the peak level of $5.4 per unit. From 2021 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($8 per unit), while the average price for exports to Slovakia ($3.4 per unit) was amongst the lowest.

From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+40.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Hungary

In 2022, approx. 208K units of plants, live; rhododendrons and azaleas, grafted or nots were imported into Hungary; with an increase of 6.9% on the year before. The total import volume increased at an average annual rate of +7.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 13% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of plants, live; rhododendrons and azaleas, grafted or nots expanded markedly to $728K in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +17.5% 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 +62.2% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 24% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.

Import of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands35941746955015.3%
Germany80.510817014220.8%
Others9.229.911.735.757.1%
Total44955565172817.5%

Top Suppliers of Plants, Live; Rhododendrons and Azaleas, Grafted or Not to Hungary in 2022:

  1. Netherlands (179.2K units)
  2. Germany (23.9K units)

Exports of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Hungary

For the fourth consecutive year, Hungary recorded growth in shipments abroad of plants, live; rhododendrons and azaleas, grafted or nots, which increased by 132% to 3.3K units in 2022. Over the period under review, exports showed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 642%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of plants, live; rhododendrons and azaleas, grafted or nots skyrocketed to $15K in 2022. Overall, exports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 427% 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 the near future.

Export of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RomaniaN/AN/A4.211.9183.3%
SlovakiaN/AN/AN/A3.00%
Germany0.41.10.90.3-9.1%
OthersN/AN/A0.50.1-80.0%
Total0.41.15.515.2236.2%

Top Export Markets for Plants, Live; Rhododendrons and Azaleas, Grafted or Not from Hungary in 2022:

  1. Romania (2408.0 units)
  2. Slovakia (896.0 units)
  3. Germany (41.0 units)

Source: IndexBox Market Intelligence Platform

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