Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Nigeria - 2022

Contents:

1. Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Nigeria (CIF) - 2022
2. Imports of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Nigeria

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

In 2022, the average import price for plants, live; rhododendrons and azaleas, grafted or nots amounted to $6.9 per unit, shrinking by -4% against the previous year. In general, the import price, however, posted a strong increase. The pace of growth appeared the most rapid in 2021 when the average import price increased by 36%. As a result, import price reached the peak level of $7.2 per unit, and then shrank in the following year.

As there is only one major supplying country, the average price level is determined by prices for the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +5.5% per year.

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

For the third consecutive year, Nigeria recorded decline in supplies from abroad of plants, live; rhododendrons and azaleas, grafted or nots, which decreased by -24.2% to 69 units in 2022. Over the period under review, imports faced a deep downturn. The smallest decline of -9% was in 2020. Imports peaked at 122 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of plants, live; rhododendrons and azaleas, grafted or nots declined significantly to $479 in 2022. Overall, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 12%. As a result, imports reached the peak of $658, and then contracted significantly in the following year.

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

1. Netherlands (69.0 units)

Source: IndexBox Market Intelligence Platform