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

Contents:

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

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

The average import price for plants, live; rhododendrons and azaleas, grafted or nots stood at $3.1 per unit in 2022, falling by -41.3% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 202%. The import price peaked at $6.1 per unit in 2016; however, from 2017 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 Italy ($10 per unit), while the price for Belgium ($2.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.6%), while the prices for the other major suppliers experienced a decline.

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

Imports of plants, live; rhododendrons and azaleas, grafted or nots into Azerbaijan plummeted to 8K units in 2022, declining by -21.7% on 2021. Overall, total imports indicated a modest increase from 2019 to 2022: its volume increased at an average annual rate of +1.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +35.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 73%. As a result, imports reached the peak of 10K units, and then contracted remarkably in the following year.

In value terms, imports of plants, live; rhododendrons and azaleas, grafted or nots declined remarkably to $25K in 2022. In general, imports showed a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 168% against the previous year. As a result, imports attained the peak of $54K, and then contracted remarkably in the following year.

Import of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands13.28.730.416.16.8%
Belgium0.46.12.95.8143.8%
Italy26.14.39.62.8-52.5%
Turkey0.80.210.7N/A265.7%
OthersN/A0.8N/AN/A0%
Total40.620.053.624.7-15.3%

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

  1. Netherlands (5.4K units)
  2. Belgium (2.3K units)
  3. Italy (0.3K units)

Source: IndexBox Market Intelligence Platform

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