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Brexit vote impacts Plant imports to UK: 11% down

byCT Report
10/01/2017
in Uncategorized
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LONDON: In November, the export of horticultural products rose, according to figures from Floridata quoted by Royal FloraHolland – except in the UK and Russia.

According to details, the export of plants increased by eight per cent and of cut flowers by two per cent. In two countries, UK and Russia, the export decreased.

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Exports to the UK dropped in November by 11 per cent. This decline has remained on average around 11 per cent since the Brexit result on 23 June. Exports to Russia decreased by 16 per cent. In September, exports to the UK fell by seven per cent.

There are also many countries buying more flowers and plants including Germany, increase of nine per cent, France, six per cent, Belgium, 18 per cent and Poland, 15 per cent.

In cumulative terms, exports grew at least 3%, with a similar pattern of developments as seen in November. In cumulative terms, the Royal FloraHolland revenue for 2016 underwent an increase of thre per cent, up from a recent annual average of 1%. The revenue increase is due to higher prices. The total supply decreased by 0.7%, while the prices rose on average by 4%.

The revenue between 5 and 31 December 2016 (period 13) was 14.4% lower than in period 13 of 2015. This period had 19 auction days, in contrast to 22 auction days in 2015, corresponding to €53 million less revenue.

The average price of the total supply rose to 43.4 cents per item for flowers and plants, the highest average price ever for period 13.

 

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