Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Singapore - 2022
Contents:
- Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Singapore (CIF) - 2022
- Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Singapore (FOB) - 2022
- Imports of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Singapore
- Exports of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Singapore
Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Singapore (CIF) - 2022
The average import price for plants, live; rhododendrons and azaleas, grafted or nots stood at $4.1 per unit in 2022, declining by -3.2% against the previous year. Over the period under review, the import price continues to indicate a perceptible decrease. The pace of growth was the most pronounced in 2020 when the average import price increased by 20% against the previous year. The import price peaked at $6.4 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($4.8 per unit), while the price for China ($4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Singapore (FOB) - 2022
In 2022, the average export price for plants, live; rhododendrons and azaleas, grafted or nots amounted to $4 per unit, increasing by 7.5% against the previous year. Over the period under review, the export price, however, recorded a noticeable decline. The pace of growth was the most pronounced in 2014 when the average export price increased by 16% against the previous year. Over the period under review, the average export prices reached the maximum at $5 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Malaysia.
From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to +4.0% per year.
Imports of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Singapore
Imports of plants, live; rhododendrons and azaleas, grafted or nots into Singapore contracted rapidly to 7.1K units in 2022, dropping by -75.1% against 2021 figures. In general, imports showed a significant curtailment. The smallest decline of -26.3% was in 2021. Over the period under review, imports of hit record highs at 59K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of plants, live; rhododendrons and azaleas, grafted or nots fell remarkably to $29K in 2022. Overall, imports continue to indicate a sharp slump. The smallest decline of -15.1% was in 2021. Over the period under review, imports of hit record highs at $180K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.2 | 2.7 | 7.8 | 17.6 | 24.1% |
| Belgium | 60.9 | 12.2 | 28.3 | 9.3 | -46.5% |
| Netherlands | 33.7 | 42.7 | 32.7 | 2.2 | -59.7% |
| Japan | 5.9 | 19.7 | 17.9 | N/A | 74.2% |
| Italy | N/A | 16.1 | N/A | N/A | 0% |
| Australia | 6.9 | 5.2 | 5.3 | N/A | -12.4% |
| Others | 64.0 | 44.5 | 29.5 | 0.2 | -85.4% |
| Total | 180 | 143 | 122 | 29.3 | -45.4% |
Top Suppliers of Plants, Live; Rhododendrons and Azaleas, Grafted or Not to Singapore in 2022:
- China (4.4K units)
- Belgium (2.2K units)
- Netherlands (0.5K units)
Exports of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Singapore
For the third year in a row, Singapore recorded decline in overseas shipments of plants, live; rhododendrons and azaleas, grafted or nots, which decreased by -35.8% to 2.3K units in 2022. In general, exports showed a precipitous decline. The smallest decline of -20% was in 2020. The exports peaked at 5.9K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of plants, live; rhododendrons and azaleas, grafted or nots dropped significantly to $9.2K in 2022. Over the period under review, exports recorded a dramatic shrinkage. The smallest decline of -19.9% was in 2020. Over the period under review, the exports of hit record highs at $22K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 11.3 | 16.2 | 11.5 | 9.2 | -6.6% |
| Saudi Arabia | 4.2 | N/A | N/A | N/A | 0% |
| Oman | 6.2 | N/A | N/A | N/A | 0% |
| Qatar | 0.7 | 1.6 | 1.9 | N/A | 64.8% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 22.3 | 17.8 | 13.4 | 9.2 | -25.6% |
Top Export Markets for Plants, Live; Rhododendrons and Azaleas, Grafted or Not from Singapore in 2022:
- Malaysia (2.3K units)
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