Price for Plants, Live; Unrooted Cuttings and Slips in the Philippines - 2023
Contents:
- Price for Plants, Live; Unrooted Cuttings and Slips in the Philippines (FOB) - 2022
- Price for Plants, Live; Unrooted Cuttings and Slips in the Philippines (CIF) - 2022
- Exports of Plants, Live; Unrooted Cuttings and Slips in the Philippines
- Imports of Plants, Live; Unrooted Cuttings and Slips in the Philippines
Price for Plants, Live; Unrooted Cuttings and Slips in the Philippines (FOB) - 2022
The average export price for plants, live; unrooted cuttings and slipses stood at $0.3 per unit in 2022, with a decrease of -6.7% against the previous year. Over the period under review, the export price showed a noticeable shrinkage. The pace of growth was the most pronounced in 2021 an increase of 33% against the previous year. The export price peaked at $0.7 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($0.5 per unit), while the average price for exports to Japan ($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 Canada (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Plants, Live; Unrooted Cuttings and Slips in the Philippines (CIF) - 2022
The average import price for plants, live; unrooted cuttings and slipses stood at $0.1 per unit in 2022, with a decrease of -39.6% against the previous year. In general, the import price continues to indicate a pronounced shrinkage. The growth pace was the most rapid in 2013 when the average import price increased by 83% against the previous year. Over the period under review, average import prices attained the maximum at $0.3 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($0.3 per unit), while the price for China totaled less than $0.1 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Honduras (-0.8%), while the prices for the other major suppliers experienced a decline.
Exports of Plants, Live; Unrooted Cuttings and Slips in the Philippines
In 2022, the amount of plants, live; unrooted cuttings and slipses exported from the Philippines declined to 128K units, which is down by -3.8% against the previous year's figure. Overall, exports continue to indicate a significant decline. The growth pace was the most rapid in 2021 when exports increased by 17% against the previous year. Over the period under review, the exports of attained the peak figure at 335K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of plants, live; unrooted cuttings and slipses reduced to $38K in 2022. Over the period under review, exports recorded a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 55%. The exports peaked at $113K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Plants, Live; Unrooted Cuttings and Slips in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 26.7 | 7.1 | 3.2 | 26.7 | 0.0% |
| Japan | 4.1 | 1.2 | 0.7 | 7.2 | 20.6% |
| Taiwan (Chinese) | 0.2 | 0.8 | 1.7 | 4.1 | 173.7% |
| United States | 4.0 | 1.4 | 3.2 | 0.2 | -63.2% |
| Spain | 1.8 | N/A | N/A | N/A | 0% |
| Australia | 21.7 | 5.0 | 13.1 | N/A | -22.3% |
| Canada | 25.9 | 3.4 | 7.9 | N/A | -44.8% |
| Others | 28.5 | 8.9 | 13.1 | 0.3 | -78.1% |
| Total | 113 | 27.6 | 42.9 | 38.5 | -30.2% |
Top Export Markets for Plants, Live; Unrooted Cuttings and Slips from the Philippines in 2022:
- Japan (61.5K units)
- Netherlands (54.6K units)
- Taiwan (Chinese) (11.4K units)
- United States (0.3K units)
Imports of Plants, Live; Unrooted Cuttings and Slips in the Philippines
For the third consecutive year, the Philippines recorded decline in purchases abroad of plants, live; unrooted cuttings and slipses, which decreased by -84.7% to 20K units in 2022. Overall, imports recorded a dramatic setback. The smallest decline of -24% was in 2021. Imports peaked at 809K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of plants, live; unrooted cuttings and slipses dropped rapidly to $2K in 2022. In general, imports continue to indicate a dramatic curtailment. The growth pace was the most rapid in 2021 with an increase of 25%. Imports peaked at $79K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Plants, Live; Unrooted Cuttings and Slips in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2.6 | 1.3 | 0.9 | 1.4 | -18.6% |
| China | 23.5 | 8.1 | 2.6 | 0.6 | -70.6% |
| Thailand | 6.0 | 3.7 | 0.8 | N/A | -63.5% |
| Chile | 4.5 | N/A | N/A | N/A | 0% |
| Malaysia | 3.1 | 1.9 | 2.1 | N/A | -17.7% |
| United States | 36.4 | 0.9 | 12.6 | N/A | -41.2% |
| India | 0.9 | 0.5 | 0.4 | N/A | -33.3% |
| Others | 1.5 | 0.8 | 2.2 | N/A | 21.1% |
| Total | 78.6 | 17.2 | 21.6 | 2.0 | -70.6% |
Top Suppliers of Plants, Live; Unrooted Cuttings and Slips to the Philippines in 2022:
- China (14.4K units)
- Netherlands (5.2K units)
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