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

Contents:

  1. Price for Plants, Live; Unrooted Cuttings and Slips in Canada (CIF) - 2023
  2. Price for Plants, Live; Unrooted Cuttings and Slips in Canada (FOB) - 2022
  3. Imports of Plants, Live; Unrooted Cuttings and Slips in Canada
  4. Exports of Plants, Live; Unrooted Cuttings and Slips in Canada

Price for Plants, Live; Unrooted Cuttings and Slips in Canada (CIF) - 2023

The average import price for plants, live; unrooted cuttings and slipses stood at $119 per thousand units in December 2023, reducing by -20.4% against the previous month. Over the period under review, the import price, however, recorded slight growth. The growth pace was the most rapid in September 2023 when the average import price increased by 37% against the previous month. As a result, import price reached the peak level of $0.2 per unit. From October 2023 to December 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Uganda ($252 per thousand units), while the price for Nicaragua ($44.0 per thousand units) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Guatemala (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for plants, live; unrooted cuttings and slipses stood at $0.4 per unit in 2022, shrinking by -24.5% against the previous year. Over the period under review, the export price continues to indicate a noticeable decline. The pace of growth appeared the most rapid in 2016 an increase of 16% against the previous year. Over the period under review, the average export prices reached the peak figure at $0.7 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -3.7% per year.

Imports of Plants, Live; Unrooted Cuttings and Slips in Canada

After three years of growth, supplies from abroad of plants, live; unrooted cuttings and slipses decreased by -0.5% to 412M units in 2022. The total import volume increased at an average annual rate of +9.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 25%. As a result, imports reached the peak of 414M units, leveling off in the following year.

In value terms, imports of plants, live; unrooted cuttings and slipses dropped to $47M in 2022. The total import value increased at an average annual rate of +6.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 25%. As a result, imports reached the peak of $48M, and then shrank modestly in the following year.

Import of Plants, Live; Unrooted Cuttings and Slips in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico7.57.710.610.812.9%
United States9.39.610.39.92.1%
Guatemala4.54.76.56.211.3%
El Salvador2.42.12.63.07.7%
Costa Rica2.02.13.02.913.2%
Kenya0.71.32.12.960.6%
Uganda1.21.42.71.712.3%
Ethiopia2.12.11.11.4-12.6%
Nicaragua1.01.01.11.26.3%
Vietnam0.80.70.80.80.0%
Israel0.90.80.60.7-8.0%
Colombia0.50.60.60.66.3%
Tanzania0.20.30.50.314.5%
Others6.04.36.04.4-9.8%
Total39.238.748.546.86.1%

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

  1. United States (85.3M units)
  2. Guatemala (71.9M units)
  3. Mexico (68.5M units)
  4. El Salvador (33.9M units)
  5. Kenya (28.1M units)
  6. Nicaragua (23.0M units)
  7. Costa Rica (20.5M units)
  8. Vietnam (15.9M units)
  9. Ethiopia (12.3M units)
  10. Uganda (10.5M units)
  11. Colombia (7.7M units)
  12. Tanzania (6.1M units)
  13. Israel (5.4M units)

Exports of Plants, Live; Unrooted Cuttings and Slips in Canada

For the fourth year in a row, Canada recorded growth in shipments abroad of plants, live; unrooted cuttings and slipses, which increased by 754% to 9.9M units in 2022. Over the period under review, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of plants, live; unrooted cuttings and slipses soared to $4M in 2022. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Plants, Live; Unrooted Cuttings and Slips in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.30.50.64.0137.1%
OthersN/AN/AN/AN/A0%
Total0.30.50.64.0137.1%

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

  1. United States (9.8M units)

Source: IndexBox Market Intelligence Platform

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Free Data: Plants, live; unrooted cuttings and slips - Canada