South-Eastern Asia: Artificial Flowers Market 2020

Artificial Flowers Exports in South-Eastern Asia

In 2017, the amount of artificial flowers, foliage and fruit exported in South-Eastern Asia amounted to X units, leveling off at the previous year. The artificial flowers exports continue to indicate an abrupt reduction. The pace of growth appeared the most rapid in 2010, when exports increased by X% year-to-year. Over the period under review, the artificial flowers exports attained its peak figure volume of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, artificial flowers exports totaled $X in 2017. The artificial flowers exports continue to indicate a deep decline. Over the period under review, the artificial flowers exports attained its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Artificial Flowers Exports by Country in South-Eastern Asia

In 2017, Thailand (X units) represented the largest exporter for artificial flowers, foliage and fruit, achieving X% of total exports. Malaysia (X units) ranks second in terms of the global exports with a X% share, followed by Indonesia (X%), the Philippines (X%) and Singapore (X%). Cambodia (X units) and Vietnam (X units) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to artificial flowers exports from Thailand stood at -X%. At the same time, Cambodia (+X%), Malaysia (+X%) and Singapore (+X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest growing exporter in South-Eastern Asia, with a CAGR of +X% from 2007-2017. By contrast, Vietnam (-X%), Indonesia (-X%) and the Philippines (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of the Philippines, Thailand, Indonesia and Vietnam increased by X%, X%, X% and X% percentage points, while Singapore (-X%), Cambodia (-X%) and Malaysia (-X%) saw their share reduced.

In value terms, Thailand ($X) remains the largest artificial flowers supplier in South-Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by Indonesia ($X), with a X% share of global exports. It was followed by Singapore, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Thailand stood at -X%. In the other countries, the average annual rates were as follows: Indonesia (-X% per year) and Singapore (+X% per year).

Artificial Flowers Export Prices by Country in South-Eastern Asia

In 2017, the artificial flowers export price in South-Eastern Asia amounted to $X per thousand units, coming down by -X% against the previous year. The export price indicated a perceptible growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2012, an increase of X% y-o-y. The level of export price peaked of $X per unit in 2016, and then declined slightly in the following year.

Export prices varied noticeably by the country of destination; the country with the highest export price was Vietnam ($X per unit), while the Philippines ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Indonesia (+X% per year), while the other leaders experienced more modest paces of growth.

Artificial Flowers Imports in South-Eastern Asia

In 2017, approx. X units of artificial flowers, foliage and fruit were imported in South-Eastern Asia; going down by -X% against the previous year. The artificial flowers imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2011, when imports increased by X% against the previous year. The volume of imports peaked of X units in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, artificial flowers imports stood at $X in 2017. The artificial flowers imports continue to indicate a strong growth. Over the period under review, the artificial flowers imports reached its maximum level in 2017, and are expected to retain its growth in the near future.

Artificial Flowers Imports by Country in South-Eastern Asia

Singapore represented the key importer of artificial flowers, foliage and fruit in South-Eastern Asia, with the volume of imports accounting for X units, which was near X% of total imports in 2017. It was distantly followed by the Philippines (X units), Thailand (X units), Vietnam (X units), Indonesia (X units) and Malaysia (X units), together making up X% share of total imports.

Imports into Singapore increased at an average annual rate of +X% from 2007 to 2017. At the same time, Thailand (+X%), Vietnam (+X%), Indonesia (+X%), the Philippines (+X%) and Malaysia (+X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest growing importer in South-Eastern Asia, with a CAGR of +X% from 2007-2017. While the share of Malaysia (-X%), Indonesia (-X%), the Philippines (-X%), Vietnam (-X%), Thailand (-X%) and Singapore (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) constitutes the largest market for imported artificial flowers, foliage and fruit in South-Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by the Philippines ($X), with a X% share of global imports. It was followed by Vietnam, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Singapore stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: the Philippines (+X% per year) and Vietnam (+X% per year).

Artificial Flowers Import Prices by Country in South-Eastern Asia

In 2017, the artificial flowers import price in South-Eastern Asia amounted to $X per thousand units, coming up by X% against the previous year. The artificial flowers import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, an increase of X% y-o-y. The level of import price peaked in 2017, and is likely to continue its growth in the immediate term.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Singapore ($X per thousand units), while Thailand ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Vietnam (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform