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

Contents:

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

Price for Plants, Live; Unrooted Cuttings and Slips in Belgium (FOB) - 2023

The average export price for plants, live; unrooted cuttings and slipses stood at $235 per thousand units in October 2023, surging by 23% against the previous month. In general, the export price saw measured growth. The growth pace was the most rapid in December 2022 when the average export price increased by 138% month-to-month. Over the period under review, the average export prices hit record highs at $795 per thousand units in January 2023; however, from February 2023 to October 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was France ($1.2 per unit), while the average price for exports to Germany ($215 per thousand units) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+21.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for plants, live; unrooted cuttings and slipses stood at $0.7 per unit in 2022, which is down by -4.9% against the previous year. Over the period under review, the import price, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2021 an increase of 75%. As a result, import price reached the peak level of $0.7 per unit, and then fell modestly in the following year.

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 Israel ($2.2 per unit), while the price for Denmark ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

After three years of growth, overseas shipments of plants, live; unrooted cuttings and slipses decreased by -25.2% to 35M units in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +13.2% 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 +44.9% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 48%. As a result, the exports reached the peak of 47M units, and then contracted notably in the following year.

In value terms, exports of plants, live; unrooted cuttings and slipses reduced notably to $17M in 2022. Overall, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 when exports increased by 74%. As a result, the exports attained the peak of $24M, and then shrank remarkably in the following year.

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

1. Netherlands (33.2M units)
2. Germany (1.3M units)
3. France (0.2M units)

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

In 2022, overseas purchases of plants, live; unrooted cuttings and slipses decreased by -21.2% to 21M units, falling for the second year in a row after two years of growth. Over the period under review, total imports indicated a mild expansion from 2019 to 2022: its volume increased at an average annual rate of +1.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -37.3% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 66% against the previous year. As a result, imports reached the peak of 34M 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 markedly to $15M in 2022. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 142%. Imports peaked at $20M in 2021, and then reduced sharply in the following year.

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

1. Ethiopia (8.1M units)
2. Uganda (5.1M units)
3. Israel (2.2M units)
4. Netherlands (1.9M units)
5. Denmark (1.1M units)
6. Morocco (1.0M units)
7. Kenya (0.4M units)

Source: IndexBox Market Intelligence Platform