Price for Plants, Live; Roses, Grafted or Not in Nigeria - 2022

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

In 2022, the average import price for plants, live; roses, grafted or nots amounted to $1.9 per unit, which is down by -2.6% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $2 per unit in 2021, and then declined modestly in the following year.

As there is only one major supplying country, the average price level is determined by prices for Belgium.

From 2014 to 2022, the rate of growth in terms of prices for Belgium amounted to -0.6% per year.

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

In 2022, imports of plants, live; roses, grafted or nots into Nigeria surged to 11K units, with an increase of 43% against 2021. Overall, imports, however, recorded a relatively flat trend pattern. Imports peaked at 11K units in 2019; afterwards, it flattened through to 2022.

In value terms, imports of plants, live; roses, grafted or nots skyrocketed to $21K in 2022. Over the period under review, imports showed a perceptible increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.