Price for Plants, Live; Roses, Grafted or Not in Colombia - 2022

Contents:

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

Price for Plants, Live; Roses, Grafted or Not in Colombia (CIF) - 2022

In 2022, the average import price for plants, live; roses, grafted or nots amounted to $1.8 per unit, rising by 1.5% against the previous year. Over the period under review, the import price, however, showed a slight curtailment. The growth pace was the most rapid in 2018 when the average import price increased by 53% against the previous year. The import price peaked at $2.1 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ecuador ($1.9 per unit), while the price for Germany ($0.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (-1.4%), while the prices for the other major suppliers experienced a decline.

Price for Plants, Live; Roses, Grafted or Not in Colombia (FOB) - 2022

In 2022, the average export price for plants, live; roses, grafted or nots amounted to $0.5 per unit, surging by 21% against the previous year. Over the period under review, the export price, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 146% against the previous year. As a result, the export price reached the peak level of $1.9 per unit. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($0.5 per unit), while the average price for exports to Ecuador totaled $0.3 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+13.4%), while the prices for the other major destinations experienced a decline.

Imports of Plants, Live; Roses, Grafted or Not in Colombia

In 2022, the amount of plants, live; roses, grafted or nots imported into Colombia skyrocketed to 1.1M units, surging by 92% compared with the previous year's figure. In general, imports recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 122%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, imports of plants, live; roses, grafted or nots skyrocketed to $1.9M in 2022. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 151% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Top Suppliers of Plants, Live; Roses, Grafted or Not to Colombia in 2022:

1. Ecuador (1015.6K units)
2. Netherlands (34.3K units)
3. Germany (28.9K units)

Exports of Plants, Live; Roses, Grafted or Not in Colombia

In 2022, after three years of growth, there was significant decline in shipments abroad of plants, live; roses, grafted or nots, when their volume decreased by -44.4% to 65K units. In general, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 122%. As a result, the exports attained the peak of 118K units, and then contracted dramatically in the following year.

In value terms, exports of plants, live; roses, grafted or nots reduced notably to $30K in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +6.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 45% against the previous year. Over the period under review, the exports of reached the peak figure at $45K in 2021, and then dropped dramatically in the following year.

Top Export Markets for Plants, Live; Roses, Grafted or Not from Colombia in 2022:

1. Germany (51.8K units)
2. Ecuador (13.6K units)

Source: IndexBox Market Intelligence Platform