K-Food Newsletter

Trends in the Korean Flower Industry Over the Past Five Years
Date
2023-12-19 15:46:52
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In 2022, the number of flower farms reached 7,134, an increase of 1.8% (125 households) compared to 2021. The area under cultivation increased to 4,229 hectares, an increase of 11 hectares (0.3%) from the previous year. Cut flowers, including roses, chrysanthemums, lilies and carnations, intended for cutting and sale, accounted for 34.8%, with a total of 2,480 farms. Foliage and plants grown for sale in pots accounted for 33.8% with 2,409 farms. Flowering plants such as azaleas and cherry trees grown for sale came in third place with 18.5%, with a total of 1,323 farms. The area was distributed as follows 30.4% (1,285 hectares) for ornamental trees for the sale of landscaping trees, focusing on leaves and tree shapes, 28.3% (1,195 hectares) for cut flowers, and 18.0% (763 hectares) for flowering trees. The area under cultivation by region is 856.8 hectares (20.3%) in Gyeonggi Province, 818.9 hectares (19.4%) in South Jeolla Province and 661 hectares (15.6%) in South Gyeongsang Province. Total sales in 2022 were KRW 565.1 billion, an increase of KRW 26.9 billion (5.0%) from 2021.
From 2017 to 2021, the total output value of the domestic flower industry was: KRW 565.8 billion in 2017, KRW 538.5 billion in 2018, KRW 517 billion in 2019, KRW 526.9 billion in 2020, and KRW 538.2 billion in 2021. The five-year average is KRW 537.3 billion. The per capita cost of purchasing these flowers varied over the years: KRW 11,906 in 2017, KRW 11,888 in 2018, KRW 11,616 in 2019, KRW 11,676 in 2020, and KRW 12,386 in 2021. The five-year average is KRW 11,894.


As of 2018, 6,992 varieties have been registered in Korea, and applications cover 5,006 varieties. Of the 2,679 varieties registered for protection, domestic varieties account for 57.2%, with a total of 1,532 varieties. Possession of genetic resources is estimated to be about 40%. By country, the share of flower exports is 62% in Japan, 14% in the USA, 10% in China, 5% in Taiwan, 3% in the Netherlands and 1% in Malaysia.
From 2017 to 2021, the average price of potted plants was KRW 160.8 billion over 750 ha, including chrysanthemums at KRW 8.9 billion and KRW 8.9 billion over 45 ha, phalaenopsis orchids at KRW 18.8 billion and KRW 2.1 billion over 35 ha, and ornamental trees at KRW 26.8 billion over 1,376 ha. Herbaceous flowers are valued at KRW 96.3 billion on 237 ha, flowering plants at KRW 25.8 billion on 921 ha, seeds and seedlings at KRW 7.8 billion on 30 ha, and bulbs at KRW 3 billion on 38 ha. The export amount in 2021 is USD 16.56 million, including USD 1.17 million for roses, USD 730,000 for chrysanthemums, USD 3.93 million for lilies, USD 4.89 million for cacti, and USD 1.01 million for orchids. The total export value in 2020 is USD 15.86 million. Roses accounted for USD 1.49 million, chrysanthemums USD 920,000, lilies USD 5 million, cacti USD 4.32 million, and orchids USD 820,000. The total value of exports in 2019 was USD 17.16 million. Roses were valued at USD 1.71 million, chrysanthemums at USD 1 million, lilies at USD 6.11 million, cacti at USD 4.06 million, and orchids at USD 1.44 million. In 2018, the total was USD 18.69 million, with roses at USD 1.59 million, chrysanthemums at USD 1.44 million, lilies at USD 6.92 million, cacti at USD 3.93 million, and orchids at USD 1.99 million. In 2017, the total was USD 23.63 million, with roses at USD 2.36 million, chrysanthemums at USD 2.2 million, lilies at USD 8.22 million, cacti at USD 4.2 million, and orchids at USD 2.35 million. The five-year average export value is USD 18.38 million per year, with lilies being the most exported item, totaling USD 30.18 million over five years, followed by cacti at USD 21.4 million.

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