Price for Plants, Live; Unrooted Cuttings and Slips in Hong Kong SAR - 2023
Contents:
- Price for Plants, Live; Unrooted Cuttings and Slips in Hong Kong SAR (CIF) - 2022
- Price for Plants, Live; Unrooted Cuttings and Slips in Hong Kong SAR (FOB) - 2022
- Imports of Plants, Live; Unrooted Cuttings and Slips in Hong Kong SAR
- Exports of Plants, Live; Unrooted Cuttings and Slips in Hong Kong SAR
Price for Plants, Live; Unrooted Cuttings and Slips in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for plants, live; unrooted cuttings and slipses amounted to $0.1 per unit, declining by -29.8% against the previous year. Over the period under review, the import price continues to indicate a deep setback. The pace of growth appeared the most rapid in 2021 an increase of 59% against the previous year. The import price peaked at $0.4 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Madagascar ($0.1 per unit), while the price for China stood at $0.1 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Madagascar (+7.1%), while the prices for the other major suppliers experienced a decline.
Price for Plants, Live; Unrooted Cuttings and Slips in Hong Kong SAR (FOB) - 2022
The average export price for plants, live; unrooted cuttings and slipses stood at $0.2 per unit in 2022, dropping by -35.6% against the previous year. Over the period under review, the export price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2017 when the average export price increased by 46% against the previous year. The export price peaked at $0.6 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($0.9 per unit), while the average price for exports to Canada ($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 the United States (+16.0%), while the prices for the other major destinations experienced a decline.
Imports of Plants, Live; Unrooted Cuttings and Slips in Hong Kong SAR
In 2022, purchases abroad of plants, live; unrooted cuttings and slipses decreased by -90.4% to 234K units, falling for the second consecutive year after two years of growth. Overall, imports showed a precipitous curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 111%. As a result, imports reached the peak of 5.5M units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of plants, live; unrooted cuttings and slipses fell dramatically to $28K in 2022. In general, imports faced a sharp downturn. The growth pace was the most rapid in 2020 with an increase of 114% against the previous year. As a result, imports reached the peak of $593K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Plants, Live; Unrooted Cuttings and Slips in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 137 | 385 | 57.8 | 25.0 | -43.3% |
| Madagascar | N/A | N/A | N/A | 3.2 | 0% |
| Ethiopia | 8.4 | 16.5 | 19.9 | N/A | 53.9% |
| Indonesia | 29.4 | 51.4 | 14.6 | N/A | -29.5% |
| Denmark | 16.7 | 44.0 | 61.9 | N/A | 92.5% |
| Netherlands | 4.9 | 0.9 | 62.5 | N/A | 257.1% |
| Canada | 29.8 | 5.8 | 33.6 | N/A | 6.2% |
| Others | 51.4 | 89.2 | 169 | N/A | 81.3% |
| Total | 277 | 593 | 419 | 28.2 | -53.3% |
Top Suppliers of Plants, Live; Unrooted Cuttings and Slips to Hong Kong SAR in 2022:
- China (206.9K units)
- Madagascar (26.6K units)
Exports of Plants, Live; Unrooted Cuttings and Slips in Hong Kong SAR
In 2022, approx. 103K units of plants, live; unrooted cuttings and slipses were exported from Hong Kong SAR; growing by 27% compared with the previous year's figure. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +14.3% 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 +50.1% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of plants, live; unrooted cuttings and slipses fell dramatically to $17K in 2022. Overall, exports, however, saw a deep setback. The smallest decline of -18.2% was in 2020. The exports peaked at $32K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Plants, Live; Unrooted Cuttings and Slips in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 28.8 | 23.2 | 19.0 | 15.8 | -18.1% |
| Netherlands | 0.2 | 0.7 | 0.5 | 0.4 | 26.0% |
| Others | 2.9 | 2.3 | 1.9 | 1.3 | -23.5% |
| Total | 32.0 | 26.1 | 21.4 | 17.5 | -18.2% |
Top Export Markets for Plants, Live; Unrooted Cuttings and Slips from Hong Kong SAR in 2022:
- Brazil (97.1K units)
- Netherlands (2.4K units)
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