Price for Plants, Live; Unrooted Cuttings and Slips in Portugal - 2023

Contents:

  1. Price for Plants, Live; Unrooted Cuttings and Slips in Portugal (FOB) - 2022
  2. Price for Plants, Live; Unrooted Cuttings and Slips in Portugal (CIF) - 2023
  3. Exports of Plants, Live; Unrooted Cuttings and Slips in Portugal
  4. Imports of Plants, Live; Unrooted Cuttings and Slips in Portugal

Price for Plants, Live; Unrooted Cuttings and Slips in Portugal (FOB) - 2022

The average export price for plants, live; unrooted cuttings and slipses stood at $0.4 per unit in 2022, reducing by -17.9% against the previous year. In general, the export price faced a deep downturn. The pace of growth appeared the most rapid in 2017 when the average export price increased by 46%. Over the period under review, the average export prices reached the maximum at $1.7 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($3.9 per unit), while the average price for exports to Greece (less than $0.1 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 Germany (+12.4%), while the prices for the other major destinations experienced a decline.

Price for Plants, Live; Unrooted Cuttings and Slips in Portugal (CIF) - 2023

In November 2023, the average import price for plants, live; unrooted cuttings and slipses amounted to $134 per thousand units, increasing by 6.3% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 21% m-o-m. The import price peaked at $234 per thousand units in March 2023; however, from April 2023 to November 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Germany ($641 per thousand units), while the price for France ($91.0 per thousand units) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+25.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Plants, Live; Unrooted Cuttings and Slips in Portugal

For the fourth consecutive year, Portugal recorded growth in shipments abroad of plants, live; unrooted cuttings and slipses, which increased by 36% to 27M units in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +19.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.5% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of plants, live; unrooted cuttings and slipses stood at $11M in 2022. The total export value increased at an average annual rate of +1.0% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Plants, Live; Unrooted Cuttings and Slips in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands5.14.65.76.16.1%
Germany1.21.31.82.426.0%
United Kingdom2.32.91.21.0-24.2%
France0.70.50.40.6-5.0%
Spain0.10.20.10.226.0%
Italy0.10.10.10.10.0%
GreeceN/AN/AN/A0.10%
Others1.00.20.50.5-20.6%
Total10.69.79.810.90.9%

Top Export Markets for Plants, Live; Unrooted Cuttings and Slips from Portugal in 2022:

  1. Netherlands (15.8M units)
  2. Greece (4.0M units)
  3. Spain (2.2M units)
  4. France (2.1M units)
  5. United Kingdom (1.2M units)
  6. Italy (0.8M units)
  7. Germany (0.6M units)

Imports of Plants, Live; Unrooted Cuttings and Slips in Portugal

Imports of plants, live; unrooted cuttings and slipses into Portugal rose sharply to 57M units in 2022, growing by 12% on 2021 figures. In general, imports saw a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 390% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of plants, live; unrooted cuttings and slipses surged to $7.9M in 2022. Overall, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 422%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Plants, Live; Unrooted Cuttings and Slips in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain0.70.74.85.193.9%
FranceN/AN/A0.71.157.1%
Italy1.1N/AN/A0.8-10.1%
Netherlands0.30.40.60.626.0%
Others0.10.10.50.226.0%
Total2.21.36.57.953.1%

Top Suppliers of Plants, Live; Unrooted Cuttings and Slips to Portugal in 2022:

  1. Spain (44.6M units)
  2. France (4.8M units)
  3. Netherlands (4.7M units)
  4. Italy (2.6M units)

Source: IndexBox Market Intelligence Platform

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Free Data: Plants, live; unrooted cuttings and slips - Portugal