Price for Plants, Live; Unrooted Cuttings and Slips in Sri Lanka - 2022
Contents:
- Price for Plants, Live; Unrooted Cuttings and Slips in Sri Lanka (FOB) - 2022
- Price for Plants, Live; Unrooted Cuttings and Slips in Sri Lanka (CIF) - 2022
- Exports of Plants, Live; Unrooted Cuttings and Slips in Sri Lanka
- Imports of Plants, Live; Unrooted Cuttings and Slips in Sri Lanka
Price for Plants, Live; Unrooted Cuttings and Slips in Sri Lanka (FOB) - 2022
In 2022, the average export price for plants, live; unrooted cuttings and slipses amounted to $0.1 per unit, waning by -24.9% against the previous year. In general, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the average export price increased by 51%. The export price peaked at $0.2 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat 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 the United States ($0.4 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 Denmark (+32.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Plants, Live; Unrooted Cuttings and Slips in Sri Lanka (CIF) - 2022
The average import price for plants, live; unrooted cuttings and slipses stood at $0.4 per unit in 2022, waning by -2.1% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 26% against the previous year. Over the period under review, average import prices hit record highs at $0.6 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1.9 per unit), while the price for Uganda ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+20.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Plants, Live; Unrooted Cuttings and Slips in Sri Lanka
In 2022, shipments abroad of plants, live; unrooted cuttings and slipses decreased by -40.9% to 13M units, falling for the second year in a row after two years of growth. Overall, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 5.3%. As a result, the exports reached the peak of 23M units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of plants, live; unrooted cuttings and slipses declined sharply to $1.3M in 2022. Over the period under review, exports showed a sharp setback. The most prominent rate of growth was recorded in 2021 when exports increased by 21% against the previous year. As a result, the exports attained the peak of $3M, and then dropped remarkably in the following year.
| Export of Plants, Live; Unrooted Cuttings and Slips in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 893 | 877 | 1,050 | 526 | -16.2% |
| Netherlands | 1,101 | 982 | 1,255 | 440 | -26.3% |
| United States | 27.8 | 146 | 169 | 132 | 68.1% |
| South Korea | 240 | 162 | 150 | 106 | -23.8% |
| Germany | 79.9 | 65.1 | 81.8 | 76.9 | -1.3% |
| Others | 246 | 200 | 245 | 27.8 | -51.7% |
| Total | 2,587 | 2,433 | 2,951 | 1,309 | -20.3% |
Top Export Markets for Plants, Live; Unrooted Cuttings and Slips from Sri Lanka in 2022:
- Japan (8.3M units)
- Netherlands (3.9M units)
- South Korea (0.5M units)
- United States (0.3M units)
- Germany (0.3M units)
Imports of Plants, Live; Unrooted Cuttings and Slips in Sri Lanka
In 2022, approx. 766K units of plants, live; unrooted cuttings and slipses were imported into Sri Lanka; with an increase of 33% on the previous year's figure. Overall, imports enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 135%. 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 skyrocketed to $326K in 2022. Over the period under review, imports showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 181%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.
| Import of Plants, Live; Unrooted Cuttings and Slips in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 5.2 | 2.6 | 119 | 135 | 196.1% |
| Australia | 9.3 | 10.9 | 24.4 | 67.1 | 93.2% |
| South Africa | 31.6 | 33.9 | 41.8 | 50.8 | 17.1% |
| United States | 3.0 | 3.4 | 5.0 | 23.6 | 98.9% |
| Japan | 6.6 | 14.2 | 16.8 | 16.4 | 35.4% |
| Thailand | 3.4 | 0.3 | 2.7 | 5.5 | 17.4% |
| Uganda | 3.8 | 1.8 | 4.3 | 4.7 | 7.3% |
| Italy | 20.2 | 1.0 | 2.2 | 2.8 | -48.2% |
| China | 31.3 | 0.8 | 16.0 | N/A | -28.5% |
| Ethiopia | 1.5 | 0.6 | 1.4 | N/A | -3.4% |
| Others | 12.5 | 19.9 | 16.5 | 20.4 | 17.7% |
| Total | 128 | 89.3 | 251 | 326 | 36.6% |
Top Suppliers of Plants, Live; Unrooted Cuttings and Slips to Sri Lanka in 2022:
- Netherlands (398.2K units)
- South Africa (134.0K units)
- Japan (64.5K units)
- Australia (62.3K units)
- Uganda (36.8K units)
- Thailand (25.5K units)
- United States (12.6K units)
- Italy (3.1K units)
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