Price for Plants, Live; Roses, Grafted or Not in Latvia - 2023

Contents:

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

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

In 2022, the average import price for plants, live; roses, grafted or nots amounted to $2.8 per unit, shrinking by -28.6% against the previous year. Overall, the import price, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 69%. The import price peaked at $3.9 per unit in 2021, and then declined notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($5.9 per unit), while the price for Hungary ($1.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for plants, live; roses, grafted or nots amounted to $2.6 per unit, with a decrease of -26.3% against the previous year. Over the period under review, the export price, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 63% against the previous year. Over the period under review, the average export prices hit record highs at $3.6 per unit in 2021, and then reduced remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Azerbaijan ($5.6 per unit), while the average price for exports to Kyrgyzstan ($1 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 Kazakhstan (+15.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, purchases abroad of plants, live; roses, grafted or nots decreased by -48.4% to 281K units, falling for the second year in a row after two years of growth. In general, imports, however, recorded a buoyant expansion. The growth pace was the most rapid in 2020 with an increase of 313% against the previous year. As a result, imports attained the peak of 835K units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of plants, live; roses, grafted or nots dropped sharply to $776K in 2022. Over the period under review, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 573% against the previous year. As a result, imports attained the peak of $2.5M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. Netherlands (216.6K units)
2. Denmark (15.4K units)
3. Poland (13.8K units)
4. Austria (9.4K units)
5. Estonia (6.9K units)
6. Hungary (6.2K units)

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

In 2022, shipments abroad of plants, live; roses, grafted or nots decreased by -51.2% to 289K units, falling for the second year in a row after two years of growth. Overall, exports, however, posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 440% against the previous year. As a result, the exports reached the peak of 846K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of plants, live; roses, grafted or nots contracted significantly to $762K in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 782%. As a result, the exports attained the peak of $2.4M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

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

1. Russia (181.8K units)
2. Kazakhstan (31.9K units)
3. Kyrgyzstan (23.3K units)
4. Georgia (14.5K units)
5. Turkey (11.3K units)
6. Azerbaijan (6.7K units)
7. United Arab Emirates (5.7K units)

Source: IndexBox Market Intelligence Platform