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

Contents:

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

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

In 2022, the average import price for plants, live; rhododendrons and azaleas, grafted or nots amounted to $4.3 per unit, leveling off at the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 8.3% against the previous year. The import price peaked at $4.6 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -0.7% per year.

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

In 2022, the amount of plants, live; rhododendrons and azaleas, grafted or nots imported into the Philippines contracted rapidly to 105 units, falling by -31.4% against the previous year. Overall, imports faced a sharp shrinkage. Imports peaked at 510 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 shrank notably to $449 in 2022. In general, imports continue to indicate a sharp shrinkage. Imports peaked at $2K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

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

1. China (105.0 units)

Source: IndexBox Market Intelligence Platform