Plant & Flower Growing in Canada
Over the past five years to 2018, the Plant and Flower Growing industry in Canada has wilted due to challenging growing conditions. Operators in this industry grow nursery and floriculture products, such as shrubbery, cut flowers, ornamental plants and short rotation woody crops, such as Christmas trees. Industry profit margins have increased, due to the price of fertilizer, which is a key input for industry products. Despite rising profitability, the industry has shown signs of consolidation and company exit, in large a consequence of the rising preponderance of import penetration and competition. Over the five years to 2023, the industry is expected to continue its slow growth. A stronger Canadian dollar will ease the comparative price of imports. Overall, unfavourable international trade conditions will stifle future industry growth.
Operators in this industry grow nursery and floriculture products, such as shrubbery, cut flowers, ornamental plants and short rotation woody crops, such as Christmas trees. These plants may be grown under cover or in an open field.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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