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

Contents:

1. Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Denmark (CIF) - 2023
2. Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Denmark (FOB) - 2022
3. Imports of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Denmark
4. Exports of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Denmark

Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Denmark (CIF) - 2023

The average import price for plants, live; rhododendrons and azaleas, grafted or nots stood at $1.6 per unit in October 2023, rising by 9.7% against the previous month. Overall, the import price, however, recorded a mild shrinkage. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 312% m-o-m. Over the period under review, average import prices reached the peak figure at $11.7 per unit in June 2023; however, from July 2023 to October 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($14.4 per unit), while the price for Belgium ($1.4 per unit) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+15.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for plants, live; rhododendrons and azaleas, grafted or nots amounted to $4.3 per unit, reducing by -3.6% against the previous year. In general, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for plants, live; rhododendrons and azaleas, grafted or nots increased by +46.3% against 2012 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 32% against the previous year. Over the period under review, the average export prices attained the peak figure at $4.4 per unit in 2021, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($5.8 per unit), while the average price for exports to Germany ($1.8 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 the Netherlands (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of plants, live; rhododendrons and azaleas, grafted or nots into Denmark contracted dramatically to 881K units, dropping by -65.8% compared with 2021. Over the period under review, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 218%. As a result, imports reached the peak of 2.6M units, and then contracted significantly in the following year.

In value terms, imports of plants, live; rhododendrons and azaleas, grafted or nots contracted sharply to $3M in 2022. In general, imports, however, continue to indicate a notable increase. The pace of growth was the most pronounced in 2021 when imports increased by 195% against the previous year. As a result, imports reached the peak of $7.4M, and then reduced sharply in the following year.

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

1. Belgium (509.9K units)
2. Germany (298.8K units)
3. Netherlands (48.9K units)

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

In 2022, after three years of growth, there was decline in shipments abroad of plants, live; rhododendrons and azaleas, grafted or nots, when their volume decreased by -3.8% to 277K units. The total export volume increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 5.4% against the previous year. As a result, the exports attained the peak of 288K units, and then reduced in the following year.

In value terms, exports of plants, live; rhododendrons and azaleas, grafted or nots fell to $1.2M in 2022. The total export value increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 12% against the previous year. As a result, the exports reached the peak of $1.3M, and then declined in the following year.

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

1. Norway (131.3K units)
2. Germany (55.2K units)
3. Sweden (50.1K units)
4. Finland (19.3K units)
5. Romania (6.5K units)

Source: IndexBox Market Intelligence Platform