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 The average annual spending on plants in Canada has grown 8.2% between 2016 and 2020, - Photo for illustration purposes only - |
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Published on Wednesday, August 18, 2021
Canadians are spending more on gardening products, plants and flowers, which makes this country a destination with potential for Costa Rican exporters of ornamental plants, according to the specialists of Costa Rica's Export Promotion Agency, Procomer. Additionally, the current Free Trade Agreement between Costa Rica and Canada allows all ornamental plants from Costa Rica tax exempt. These are some of the advantages that are revealed in the Procomer study, "Caracterización del mercado de plantas ornamentales en Canadá," (characteristics of the ornamental plants market in Canada in English language). According to the study, the average annual spending on plants in Canada has grown 8.2% between 2016 and 2020, going from $3.5 billion to $4.8 billion. During the first quarter of this year, there was an increase of 36.6%. The increase in sales in Canada is the result of its population characteristics such as predominantly living in urban areas (82%) with gardens in their homes (61%), and the use of decorative plants indoors. In addition, Canadians like gardening. However, the majority of imported plants in Canada come from the United States (79%), followed by the Netherlands and Taiwan (3%). Costa Rica is in the sixth place of plant exporters to Canada (1.3%), an industry of about $1.5 million in 2020. This year, from January to May, plant exports from Costa Rica increased to $1.7 million, which means 28.6% more than the same period in 2020. Entrepreneurs interested in exporting plants to Canada should consider shipping logistics costs, as well as the terms of negotiation with the retailer's buyer and the difficulty of exporting products with soil, the agency said in its statement.  Decorative plant exports increased 31% during the first 5 months of the year compared to the same period of last year, according to the agency report.  Procomer is a government agency focused on facilitating exports. Recently they opened a new trade office in Texas, U.S.A. ------------------------ What other Costa Rican products could be exported to Canada? We would like to know your thoughts on this story. Send your comments to news@amcostarica.com  Real Estate For Sale
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