Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in the United States - 2023

Contents:

  1. Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in the United States (CIF) - 2023
  2. Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in the United States (FOB) - 2023
  3. Imports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in the United States
  4. Exports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in the United States

Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in the United States (CIF) - 2023

The average import price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants stood at $133 per thousand units in December 2023, standing approximately at the previous month. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in May 2023 when the average import price increased by 69% against the previous month. As a result, import price attained the peak level of $0.3 per unit. From June 2023 to December 2023, the average import prices failed to regain momentum.

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 +0.7% per month.

Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in the United States (FOB) - 2023

In December 2023, the average export price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants amounted to $1.3 per unit, shrinking by -4.5% against the previous month. Over the period under review, the export price, however, enjoyed a notable expansion. The pace of growth was the most pronounced in May 2023 when the average export price increased by 66% against the previous month. As a result, the export price reached the peak level of $1.4 per unit. From June 2023 to December 2023, the the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In December 2023, the country with the highest price was Costa Rica ($1.3 per unit), while the average price for exports to the Netherlands ($1.1 per unit) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+3.2%), 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 United States

Imports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants into the United States shrank to 1.2B units in 2022, flattening at the previous year's figure. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 11%. As a result, imports reached the peak of 1.2B units, leveling off in the following year.

In value terms, imports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants expanded slightly to $182M in 2022. The total import value increased at an average annual rate of +5.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by 22% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

Import of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands1281231471515.7%
Israel5.85.05.85.3-3.0%
New Zealand6.43.84.54.4-11.7%
United Kingdom3.12.73.43.65.1%
Others10.312.718.218.521.6%
Total1531471791826.0%

Top Suppliers of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant to the United States in 2022:

  1. Netherlands (1070.7M units)
  2. United Kingdom (34.2M units)
  3. New Zealand (31.9M units)
  4. Israel (21.3M units)

Exports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in the United States

In 2022, the amount of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants exported from the United States soared to 14M units, increasing by 56% on the previous year's figure. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +18.1% 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 +64.9% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants reached $9.1M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +11.0% 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 +49.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

Export of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada4.93.35.35.53.9%
Netherlands0.30.80.61.154.2%
TunisiaN/A0.6N/A0.922.5%
Japan0.10.20.10.226.0%
Others1.31.31.91.30.0%
Total6.66.18.09.111.3%

Top Export Markets for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant from the United States in 2022:

  1. Canada (7.4M units)
  2. Tunisia (2.9M units)
  3. Netherlands (1.7M units)
  4. Japan (0.3M units)

Source: IndexBox Market Intelligence Platform

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Free Data: Plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormant - United States