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

Contents:

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

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

In 2022, the average import price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants amounted to $0.4 per unit, approximately mirroring the previous year. Overall, the import price, however, continues to indicate a strong increase. The growth pace was the most rapid in 2014 an increase of 1.6%. Over the period under review, average import prices attained the peak figure at $0.4 per unit in 2021, and then contracted in the following year.

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 the Netherlands ($0.7 per unit), while the price for Vietnam ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+14.0%), 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 the Philippines (FOB) - 2022

In 2022, the average export price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants amounted to $0.2 per unit, shrinking by -4.2% against the previous year. In general, the export price recorded a mild descent. The most prominent rate of growth was recorded in 2015 an increase of 30%. Over the period under review, the average export prices hit record highs at $0.2 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($1.5 per unit), while the average price for exports to Japan (less than $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 Thailand (+18.6%), 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 Philippines

In 2022, approx. 1.3K units of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants were imported into the Philippines; shrinking by -50% compared with the previous year's figure. Overall, imports showed a dramatic setback. Imports peaked at 2.7K units in 2021, and then shrank sharply in the following year.

In value terms, imports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants declined markedly to $519 in 2022. In general, imports continue to indicate a dramatic decline. Imports peaked at $1K in 2021, and then reduced notably in the following year.

Import of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in the Philippines (USD)
COUNTRY20212022CAGR,
2021-2022
Netherlands429177-58.7%
Vietnam112106-5.4%
Chile28.025.0-10.7%
Thailand20.018.0-10.0%
South Africa11.012.09.1%
Others440181-58.9%
Total1,040519-50.1%

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

  1. Vietnam (709.0 units)
  2. Netherlands (248.0 units)
  3. Chile (51.0 units)
  4. Thailand (37.0 units)
  5. South Africa (25.0 units)

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

In 2022, approx. 175 units of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants were exported from the Philippines; waning by -44.4% against 2021. Over the period under review, exports saw a sharp shrinkage. Over the period under review, the exports of attained the peak figure at 315 units in 2021, and then declined markedly in the following year.

In value terms, exports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants reduced rapidly to $33 in 2022. Overall, exports saw a significant decline. The exports peaked at $62 in 2021, and then declined notably in the following year.

Export of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in the Philippines (USD)
COUNTRY20212022CAGR,
2021-2022
Canada38.016.0-57.9%
Japan10.05.0-50.0%
South Korea10.04.0-60.0%
Netherlands1.03.0200.0%
Others3.05.066.7%
Total62.033.0-46.8%

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

  1. Japan (144.0 units)
  2. South Korea (12.0 units)
  3. Canada (11.0 units)
  4. Netherlands (3.0 units)

Source: IndexBox Market Intelligence Platform

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