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

Contents:

1. Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Lithuania (CIF) - 2022
2. Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Lithuania (FOB) - 2022
3. Imports of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Lithuania
4. Exports of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Lithuania

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

The average import price for plants, live; rhododendrons and azaleas, grafted or nots stood at $2.8 per unit in 2022, reducing by -20.3% against the previous year. Over the period under review, the import price showed a noticeable decrease. The most prominent rate of growth was recorded in 2020 an increase of 51% against the previous year. Over the period under review, average import prices hit record highs at $5 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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 Belgium ($5.7 per unit), while the price for Denmark ($2.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for plants, live; rhododendrons and azaleas, grafted or nots amounted to $3 per unit, growing by 18% against the previous year. Overall, the export price continues to indicate a buoyant increase. The growth pace was the most rapid in 2018 an increase of 52%. As a result, the export price reached the peak level of $3 per unit; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($3.7 per unit), while the average price for exports to Belarus ($1.2 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 Russia (+15.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, approx. 367K units of plants, live; rhododendrons and azaleas, grafted or nots were imported into Lithuania; increasing by 2.5% against the previous year's figure. Overall, imports, however, saw a pronounced reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 19%. Over the period under review, imports of reached the maximum at 410K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of plants, live; rhododendrons and azaleas, grafted or nots contracted notably to $1M in 2022. The total import value increased at an average annual rate of +3.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 22%. As a result, imports attained the peak of $1.3M, and then declined notably in the following year.

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

1. Netherlands (210.3K units)
2. Slovakia (71.6K units)
3. Poland (46.3K units)
4. Belgium (12.3K units)
5. Germany (10.1K units)
6. Latvia (6.7K units)
7. Denmark (5.7K units)

Exports of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Lithuania

In 2022, shipments abroad of plants, live; rhododendrons and azaleas, grafted or nots decreased by -30.7% to 306K units for the first time since 2018, thus ending a three-year rising trend. Overall, exports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 14% against the previous year. As a result, the exports reached the peak of 442K units, and then shrank significantly in the following year.

In value terms, exports of plants, live; rhododendrons and azaleas, grafted or nots dropped sharply to $918K in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +8.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +27.3% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 25% against the previous year. Over the period under review, the exports of attained the maximum at $1.1M in 2021, and then reduced notably in the following year.

Top Export Markets for Plants, Live; Rhododendrons and Azaleas, Grafted or Not from Lithuania in 2022:

1. Russia (139.2K units)
2. Kyrgyzstan (64.5K units)
3. Turkey (45.8K units)
4. Belarus (23.7K units)
5. Kazakhstan (19.5K units)
6. United Kingdom (6.0K units)

Source: IndexBox Market Intelligence Platform