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

Contents:

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

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

The average import price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants stood at $0.8 per unit in 2022, with an increase of 15% against the previous year. Over the period under review, the import price posted buoyant growth. The most prominent rate of growth was recorded in 2016 an increase of 78%. Over the period under review, average import prices attained the peak figure at $1.3 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 Germany ($1.1 per unit), while the price for France ($0.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants stood at $0.6 per unit in 2022, surging by 30% against the previous year. In general, the export price saw a resilient increase. The pace of growth appeared the most rapid in 2016 an increase of 238%. Over the period under review, the average export prices reached the maximum at $1.2 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($0.9 per unit), while the average price for exports to Germany ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+19.5%), 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 Luxembourg

After three years of growth, overseas purchases of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants decreased by -11.8% to 664K units in 2022. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 138%. Over the period under review, imports of hit record highs at 753K units in 2021, and then dropped in the following year.

In value terms, imports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants amounted to $500K in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.5% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 44%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.

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

1. Netherlands (390.4K units)
2. Belgium (145.2K units)
3. Germany (83.1K units)
4. France (43.5K units)

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

In 2022, approx. 6.4K units of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants were exported from Luxembourg; jumping by 113% on the previous year's figure. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 844%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants soared to $4.2K in 2022. Over the period under review, exports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 588%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

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

1. Netherlands (3.2K units)
2. Germany (1.7K units)
3. Belgium (1.3K units)
4. France (0.2K units)

Source: IndexBox Market Intelligence Platform