Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Ethiopia - 2022

Contents:

1. Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Ethiopia (CIF) - 2022
2. Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Ethiopia (FOB) - 2022
3. Imports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Ethiopia
4. Exports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Ethiopia

Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Ethiopia (CIF) - 2022

In 2022, the average import price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants amounted to $0.2 per unit, surging by 7.5% against the previous year. Over the period under review, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 when the average import price increased by 45%. As a result, import price reached the peak level of $0.3 per unit. From 2020 to 2022, the average import prices remained at a somewhat 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 United States ($0.2 per unit), while the price for the Netherlands stood at $0.2 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Ethiopia (FOB) - 2022

The average export price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants stood at $0.2 per unit in 2022, shrinking by -12.7% against the previous year. In general, the export price saw a noticeable decline. The pace of growth was the most pronounced in 2018 when the average export price increased by 86%. As a result, the export price attained the peak level of $0.3 per unit. From 2019 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +3.4% per year.

Imports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Ethiopia

For the fourth consecutive year, Ethiopia recorded growth in supplies from abroad of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants, which increased by 173% to 835K units in 2022. Overall, imports continue to indicate significant growth. 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 skyrocketed to $200K in 2022. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. United States (554.4K units)
2. Netherlands (280.5K units)

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

For the third year in a row, Ethiopia recorded decline in shipments abroad of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants, which decreased by -90.2% to 1.2K units in 2022. Overall, exports showed a precipitous shrinkage. The smallest decline of -14% was in 2020. Over the period under review, the exports of attained the peak figure at 32K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants declined dramatically to $236 in 2022. In general, exports recorded a sharp shrinkage. The smallest decline of -36% was in 2020. Over the period under review, the exports of hit record highs at $8.2K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

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

1. Kenya (1.2K units)

Source: IndexBox Market Intelligence Platform