Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Belgium - 2023

Contents:

  1. Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Belgium (FOB) - 2023
  2. Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Belgium (CIF) - 2023
  3. Exports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Belgium
  4. Imports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Belgium

Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Belgium (FOB) - 2023

In November 2023, the average export price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants amounted to $191 per thousand units, reducing by -82.7% against the previous month. In general, the export price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 1,216% against the previous month. As a result, the export price reached the peak level of $5.6 per unit. From August 2023 to November 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was Germany ($2.7 per unit), while the average price for exports to the Netherlands ($112 per thousand units) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+23.1%), while the prices for the other major destinations experienced a decline.

Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Belgium (CIF) - 2023

The average import price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants stood at $117 per thousand units in November 2023, which is down by -36.9% against the previous month. Overall, the import price saw a perceptible slump. The pace of growth was the most pronounced in January 2023 when the average import price increased by 791% against the previous month. The import price peaked at $2.1 per unit in April 2023; however, from May 2023 to November 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($1.0 per unit), while the price for Israel amounted to $25.0 per thousand units.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+16.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Belgium

After two years of decline, overseas shipments of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants increased by 0.6% to 27M units in 2022. Overall, exports, however, showed a sharp slump. The exports peaked at 59M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants fell to $13M in 2022. The total export value increased at an average annual rate of +5.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year. As a result, the exports attained the peak of $14M, and then fell in the following year.

Export of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands8.47.510.810.06.0%
France1.11.01.21.22.9%
Germany0.80.91.11.07.7%
United Kingdom0.50.70.20.2-26.3%
Luxembourg0.10.10.20.10.0%
Others0.10.30.40.458.7%
Total11.010.513.912.95.5%

Top Export Markets for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant from Belgium in 2022:

  1. Netherlands (19.8M units)
  2. Luxembourg (2.5M units)
  3. France (2.3M units)
  4. Germany (1.7M units)
  5. United Kingdom (0.4M units)

Imports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Belgium

In 2022, the amount of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants imported into Belgium totaled 35M units, with an increase of 14% against 2021 figures. The total import volume increased at an average annual rate of +11.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 32%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants stood at $12M in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.8% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 53% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands5.69.29.310.322.5%
Germany0.90.71.11.16.9%
New Zealand0.40.50.70.720.5%
France0.1N/A0.10.10.0%
Others0.10.30.30.344.2%
Total7.010.711.512.521.3%

Top Suppliers of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant to Belgium in 2022:

  1. Netherlands (30.2M units)
  2. Germany (2.4M units)
  3. New Zealand (1.7M units)
  4. France (0.8M units)

Source: IndexBox Market Intelligence Platform

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Free Data: Plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormant - Belgium