Price for Plants, Live; Unrooted Cuttings and Slips in Thailand - 2024
Contents:
- Price for Plants, Live; Unrooted Cuttings and Slips in Thailand (FOB) - 2022
- Price for Plants, Live; Unrooted Cuttings and Slips in Thailand (CIF) - 2022
- Exports of Plants, Live; Unrooted Cuttings and Slips in Thailand
- Imports of Plants, Live; Unrooted Cuttings and Slips in Thailand
Price for Plants, Live; Unrooted Cuttings and Slips in Thailand (FOB) - 2022
In 2022, the average export price for plants, live; unrooted cuttings and slipses amounted to $0.4 per unit, which is down by -4.2% against the previous year. Overall, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for plants, live; unrooted cuttings and slipses decreased by -43.3% against 2018 indices. The most prominent rate of growth was recorded in 2014 an increase of 64%. The export price peaked at $0.7 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($1.1 per unit), while the average price for exports to South Korea ($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 Lao People's Democratic Republic (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Plants, Live; Unrooted Cuttings and Slips in Thailand (CIF) - 2022
In 2022, the average import price for plants, live; unrooted cuttings and slipses amounted to $0.3 per unit, falling by -44.8% against the previous year. Overall, the import price showed a slight decline. The pace of growth was the most pronounced in 2021 when the average import price increased by 353% against the previous year. As a result, import price attained the peak level of $0.5 per unit, and then fell notably in the following year.
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 Arab Emirates ($0.8 per unit), while the price for Tanzania ($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 Taiwan (Chinese) (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Plants, Live; Unrooted Cuttings and Slips in Thailand
In 2022, overseas shipments of plants, live; unrooted cuttings and slipses decreased by -46.5% to 12M units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, saw tangible growth. The pace of growth appeared the most rapid in 2021 when exports increased by 55% against the previous year. As a result, the exports attained the peak of 22M units, and then dropped dramatically in the following year.
In value terms, exports of plants, live; unrooted cuttings and slipses contracted sharply to $4.5M in 2022. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 44% against the previous year. As a result, the exports attained the peak of $8.9M, and then dropped notably in the following year.
| Export of Plants, Live; Unrooted Cuttings and Slips in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 724 | 1,015 | 2,416 | 1,301 | 21.6% |
| Netherlands | 906 | 1,507 | 1,625 | 848 | -2.2% |
| South Korea | 411 | 634 | 492 | 366 | -3.8% |
| Iran | N/A | 39.3 | 45.5 | 285 | 169.3% |
| Brazil | 933 | 1,006 | 1,076 | 246 | -35.9% |
| Cambodia | 194 | 79.1 | 238 | 166 | -5.1% |
| Lao People's Democratic Republic | 159 | 46.8 | 40.3 | 90.6 | -17.1% |
| India | 186 | 79.9 | 259 | 58.4 | -32.0% |
| Others | 1,030 | 1,732 | 2,659 | 1,173 | 4.4% |
| Total | 4,543 | 6,139 | 8,852 | 4,534 | -0.1% |
Top Export Markets for Plants, Live; Unrooted Cuttings and Slips from Thailand in 2022:
- Netherlands (3.8M units)
- South Korea (2.9M units)
- United States (1.2M units)
- Brazil (0.9M units)
- Cambodia (0.9M units)
- Lao People's Democratic Republic (0.4M units)
- Iran (0.4M units)
- India (0.2M units)
Imports of Plants, Live; Unrooted Cuttings and Slips in Thailand
In 2022, imports of plants, live; unrooted cuttings and slipses into Thailand contracted significantly to 2.6M units, with a decrease of -29.9% compared with the previous year's figure. In general, imports saw a mild slump. The growth pace was the most rapid in 2021 when imports increased by 81%. As a result, imports attained the peak of 3.7M units, and then declined markedly in the following year.
In value terms, imports of plants, live; unrooted cuttings and slipses declined dramatically to $696K in 2022. Overall, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 720%. As a result, imports reached the peak of $1.8M, and then fell rapidly in the following year.
| Import of Plants, Live; Unrooted Cuttings and Slips in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | 895 | 464 | -48.2% |
| Malaysia | 87.5 | 55.1 | 36.1 | 83.1 | -1.7% |
| Netherlands | 12.3 | 7.7 | 260 | 29.9 | 34.5% |
| Vietnam | 27.8 | 22.0 | 21.3 | 14.6 | -19.3% |
| Uganda | 31.8 | 15.0 | 10.5 | 11.1 | -29.6% |
| Kenya | 2.7 | 4.5 | 8.5 | 8.2 | 44.8% |
| Tanzania | 3.8 | 1.7 | 2.1 | 6.9 | 22.0% |
| United Kingdom | N/A | N/A | 59.3 | N/A | 0% |
| Others | 72.2 | 113 | 507 | 77.9 | 2.6% |
| Total | 238 | 220 | 1,799 | 696 | 43.0% |
Top Suppliers of Plants, Live; Unrooted Cuttings and Slips to Thailand in 2022:
- Malaysia (1233.2K units)
- United Arab Emirates (577.1K units)
- Netherlands (239.0K units)
- Tanzania (128.4K units)
- Uganda (85.4K units)
- Kenya (70.5K units)
- Vietnam (64.4K units)
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