MADRID, Spain: Spain is rebounding after a deep and prolonged economic crisis with its economy currently being one of the fastest growing in the eurozone. The country has a sizeable ornamental horticulture industry but behind its fields of boldly coloured Oleander and Bougainvillea, its vast expanse of palm trees and carnation greenhouses lies a supply chain that is sensitive to weather conditions and volatility in export markets and the economy.
Statistics from Spanish producer-exporter federation Fepex on flowers and plants reveal that the gap between exports and imports in 2015 widened: the value of the Spanish exports of ornamentals declined by 8.44% when compared to 2014, amounting to €285,558,779 while imports increased by 11%, representing a value of €185.3 million.
Author: José R. Bosque
Read the entire report from page 26 in FCI’s January/February 2017 issue