Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Vietnam - 2022
Contents:
- Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Vietnam (CIF) - 2022
- Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Vietnam (FOB) - 2022
- Imports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Vietnam
- Exports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Vietnam
Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Vietnam (CIF) - 2022
The average import price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants stood at $0.2 per unit in 2022, rising by 6.3% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants increased by +71.0% against 2015 indices. The growth pace was the most rapid in 2016 an increase of 28%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from New Zealand ($0.2 per unit) and the Netherlands ($0.2 per unit), while the price for France ($0.2 per unit) and Chile ($0.2 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+4.2%), 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 Vietnam (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, with an increase of 9.4% against the previous year. Over the period under review, the export price showed perceptible growth. The pace of growth appeared the most rapid in 2016 when the average export price increased by 26% against the previous year. As a result, the export price attained the peak level of $0.2 per unit. From 2017 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +14.1% per year.
Imports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Vietnam
In 2022, the amount of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants imported into Vietnam surged to 185M units, increasing by 34% on 2021. The total import volume increased at an average annual rate of +3.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained 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 surged to $44M in 2022. The total import value increased at an average annual rate of +10.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 26.9 | 31.8 | 25.7 | 33.5 | 7.6% |
| France | 2.6 | 3.5 | 3.1 | 5.2 | 26.0% |
| Chile | 1.6 | 1.3 | 1.2 | 3.9 | 34.6% |
| New Zealand | 1.9 | 1.3 | 0.8 | 1.7 | -3.6% |
| Others | 0.3 | 0.2 | 0.2 | N/A | -18.4% |
| Total | 33.3 | 38.1 | 31.2 | 44.3 | 10.0% |
Top Suppliers of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant to Vietnam in 2022:
- Netherlands (139.7M units)
- France (21.6M units)
- Chile (16.2M units)
- New Zealand (7.0M units)
Exports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Vietnam
In 2022, overseas shipments of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants decreased by -22.6% to 829K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 1,740%. The exports peaked at 1.1M units in 2021, and then dropped markedly in the following year.
In value terms, exports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants shrank sharply to $158K in 2022. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 1,576%. The exports peaked at $187K in 2021, and then dropped significantly in the following year.
| Export of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 33.8 | 127 | 158 | 116.2% |
| United Arab Emirates | 2.0 | 19.1 | 30.9 | N/A | 293.1% |
| Lao People's Democratic Republic | 1.1 | 10.3 | 16.0 | N/A | 281.4% |
| Others | 1.2 | 8.2 | 13.1 | N/A | 230.4% |
| Total | 4.3 | 71.4 | 187 | 158 | 232.5% |
Top Export Markets for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant from Vietnam in 2022:
- China (829.3K units)
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