Price for Plants, Live; Roses, Grafted or Not in Canada - 2024

Contents:

  1. Price for Plants, Live; Roses, Grafted or Not in Canada (FOB) - 2024
  2. Price for Plants, Live; Roses, Grafted or Not in Canada (CIF) - 2022
  3. Exports of Plants, Live; Roses, Grafted or Not in Canada
  4. Imports of Plants, Live; Roses, Grafted or Not in Canada

Price for Plants, Live; Roses, Grafted or Not in Canada (FOB) - 2024

The average export price for plants, live; roses, grafted or nots stood at $1.5 per unit in January 2024, with an increase of 51% against the previous month. Over the period under review, the export price posted a slight increase. The growth pace was the most rapid in April 2023 when the average export price increased by 104% m-o-m. Over the period under review, the average export prices hit record highs at $3.5 per unit in May 2023; however, from June 2023 to January 2024, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From January 2023 to January 2024, the rate of growth in terms of prices for the United States amounted to +1.8% per month.

Price for Plants, Live; Roses, Grafted or Not in Canada (CIF) - 2022

The average import price for plants, live; roses, grafted or nots stood at $2.8 per unit in 2022, surging by 5.1% against the previous year. In general, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for plants, live; roses, grafted or nots increased by +34.7% against 2018 indices. The pace of growth was the most pronounced in 2016 an increase of 68%. As a result, import price attained the peak level of $3.4 per unit. From 2017 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($3 per unit), while the price for the United States totaled $2.8 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+11.8%).

Exports of Plants, Live; Roses, Grafted or Not in Canada

In 2022, exports of plants, live; roses, grafted or nots from Canada surged to 19M units, growing by 152% on the year before. In general, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of plants, live; roses, grafted or nots skyrocketed to $31M in 2022. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Plants, Live; Roses, Grafted or Not in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States14.014.020.931.230.6%
OthersN/AN/AN/AN/A0%
Total14.014.020.931.230.6%

Top Export Markets for Plants, Live; Roses, Grafted or Not from Canada in 2022:

  1. United States (19.1M units)

Imports of Plants, Live; Roses, Grafted or Not in Canada

In 2022, imports of plants, live; roses, grafted or nots into Canada rose notably to 1.6M units, surging by 9.3% compared with the year before. The total import volume increased at an average annual rate of +7.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of plants, live; roses, grafted or nots rose sharply to $4.5M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +15.3% 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 +53.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Plants, Live; Roses, Grafted or Not in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.93.13.84.414.9%
NetherlandsN/AN/A0.10.10.0%
OthersN/AN/AN/AN/A0%
Total2.93.23.94.515.8%

Top Suppliers of Plants, Live; Roses, Grafted or Not to Canada in 2022:

  1. United States (1552.6K units)
  2. Netherlands (30.0K units)

Source: IndexBox Market Intelligence Platform

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