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

Contents:

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

Price for Plants, Live; Unrooted Cuttings and Slips in the UK (CIF) - 2022

In 2022, the average import price for plants, live; unrooted cuttings and slipses amounted to $0.1 per unit, growing by 3.6% against the previous year. Over the period under review, the import price, however, saw a drastic downturn. The pace of growth was the most pronounced in 2021 when the average import price increased by 5.3%. The import price peaked at $0.3 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Uganda ($0.1 per unit) and the Netherlands ($0.1 per unit), while the price for Singapore ($0.1 per unit) and Kenya ($0.1 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for plants, live; unrooted cuttings and slipses stood at $1.2 per unit in 2022, increasing by 99% against the previous year. Over the period under review, the export price recorded a significant expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 511%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($2.8 per unit), while the average price for exports to Germany ($0.3 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 Japan (+50.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plants, Live; Unrooted Cuttings and Slips in the UK

In 2022, purchases abroad of plants, live; unrooted cuttings and slipses decreased by -56.5% to 48M units, falling for the second consecutive year after two years of growth. In general, imports showed a dramatic contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 26%. As a result, imports attained the peak of 126M units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of plants, live; unrooted cuttings and slipses contracted dramatically to $5.8M in 2022. Overall, imports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2020 with an increase of 31%. As a result, imports attained the peak of $14M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. Australia (8.9M units)
2. Kenya (8.6M units)
3. Portugal (6.7M units)
4. Netherlands (5.3M units)
5. Turkey (4.6M units)
6. Uganda (4.1M units)
7. Spain (1.9M units)
8. Singapore (1.3M units)
9. Denmark (0.3M units)
10. Germany (0.3M units)

Exports of Plants, Live; Unrooted Cuttings and Slips in the UK

Exports of plants, live; unrooted cuttings and slipses from the UK dropped dramatically to 856K units in 2022, waning by -29.8% compared with 2021. Over the period under review, exports, however, posted a slight expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 294%. As a result, the exports reached the peak of 1.2M units, and then fell sharply in the following year.

In value terms, exports of plants, live; unrooted cuttings and slipses skyrocketed to $1.1M in 2022. Overall, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 147%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

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

1. Germany (587.2K units)
2. Ireland (134.1K units)
3. United States (38.8K units)
4. Japan (35.8K units)
5. France (20.7K units)

Source: IndexBox Market Intelligence Platform