Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Bulgaria - 2023

Contents:

  1. Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Bulgaria (CIF) - 2022
  2. Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Bulgaria (FOB) - 2022
  3. Imports of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Bulgaria
  4. Exports of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Bulgaria

Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Bulgaria (CIF) - 2022

In 2022, the average import price for plants, live; rhododendrons and azaleas, grafted or nots amounted to $3.1 per unit, which is down by -17.9% against the previous year. In general, the import price saw a noticeable setback. The most prominent rate of growth was recorded in 2017 an increase of 41% against the previous year. The import price peaked at $5.1 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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 North Macedonia ($5.9 per unit), while the price for the Netherlands ($2.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by North Macedonia (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Bulgaria (FOB) - 2022

The average export price for plants, live; rhododendrons and azaleas, grafted or nots stood at $7.8 per unit in 2022, picking up by 110% against the previous year. Over the period under review, export price indicated a strong increase from 2016 to 2022: its price increased at an average annual rate of +6.4% over the last six-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2016 to 2022, the rate of growth in terms of prices for Greece amounted to +7.8% per year.

Imports of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Bulgaria

Imports of plants, live; rhododendrons and azaleas, grafted or nots into Bulgaria amounted to 33K units in 2022, growing by 10% on 2021 figures. Overall, imports showed a prominent expansion. The pace of growth was the most pronounced in 2021 when imports increased by 76%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of plants, live; rhododendrons and azaleas, grafted or nots fell to $102K in 2022. Over the period under review, imports showed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 76%. As a result, imports reached the peak of $113K, and then dropped in the following year.

Import of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands34.128.976.481.733.8%
North Macedonia15.129.229.912.2-6.9%
Germany6.24.53.63.6-16.6%
Others2.91.62.94.818.3%
Total58.364.211310220.5%

Top Suppliers of Plants, Live; Rhododendrons and Azaleas, Grafted or Not to Bulgaria in 2022:

  1. Netherlands (29.5K units)
  2. North Macedonia (2.1K units)
  3. Germany (1.1K units)

Exports of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Bulgaria

In 2022, shipments abroad of plants, live; rhododendrons and azaleas, grafted or nots decreased by -77.6% to 1.4K units, falling for the second consecutive year after two years of growth. In general, exports recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 303% against the previous year. As a result, the exports reached the peak of 6.4K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of plants, live; rhododendrons and azaleas, grafted or nots contracted rapidly to $11K in 2022. Overall, exports, however, recorded perceptible growth. The most prominent rate of growth was recorded in 2020 with an increase of 189%. As a result, the exports attained the peak of $29K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania1.622.5N/A11.291.3%
Netherlands0.54.923.7N/A588.5%
Greece6.0N/AN/AN/A0%
Others1.81.3N/AN/A-27.8%
Total9.928.723.711.24.2%

Top Export Markets for Plants, Live; Rhododendrons and Azaleas, Grafted or Not from Bulgaria in 2022:

  1. Romania (1.4K units)

Source: IndexBox Market Intelligence Platform

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