GARDEN Trader (AUTUMN 2018)

Gardening Tools mainly in European & American markets ccording to the statistics of Taiwan Customs Administration, Ministry of Finance, the export value of hand tools is the highest among all the gardening tools, which reach about 23.25 million US dollars, but reduced 2.13 million compared with last year. The top 10 exports countries are America, England, Netherland, Germany, Poland, Italy, Japan, Spain, Mexico, and France. In the top 5 grade, the exports value of America reduced 2.2 million, and Germany also lost 690 thousand dollars ； As for Australia, is out of top ten because of the reduction of 545 thousand dollars. Turkey, Arab, and India have raised the export growth rate. India has grown more than 3 times of their total in last year, and they’re listed in top 20 for the first time during recent 3 years. Other agricultural and horticultural use liquid, powder ejector, or spreading machine have reach 5.04 million of export value, which grown 1.1 million compared with 2017. Among the top 5 countries: America, Japan, France, and Germany, have grown as well. Germany increase 400 thousand dollars, which grew the most. Korea is listed in No.5, but decreased 150 thousand dollars. The blades for agricultural, horticultural and forestry machine used have increase the export value, which raised 137% from last year, and reached 760 thousand dollars. This record is almost 70% of the total export amount in 2017. Thailand surpassed America as the highest export value in the same period. Based on the survey from Persistence Market Research （ PMR ） in New York in July, 2017, the global market for gardening tools has grown nearly 280,000 pieces from 2017, and it’s predicted to reach over 300,000 pieces till the end of 2025. In the developed countries, people consider the home renovation as leisure activities, DIY has become a trend, for gardening tools to open up a more extensive family market. Europe is still the world's largest market for garden- ing tools. In the nowadays urban planning, people focus on residential and commercial landscape aesthetics, through indoor plants to improve air and quality of life, which has become a local trend. The United States is currently the second largest market, according to government regulations, landscape is a key part of community planning, but also grew the general public attention to family gardening. In recent years, a large number of middle class people are more willing to spend time and money on family gardening in Brazil, South America, China, India and other developing countries, which market potential is expectable. From the report, the global market distribution is also reflected in Taiwan's export of horticultural products. Although Europe and the United States are still the largest market, the export value of Asian developing countries has increased significantly in recent years. With the macroeconomic growth, will create more market opportunities for Taiwan horticultural industries . A w w w . I M B 2 B . c o m INDUSTRY TRENDS By/ Infotrade 16