HS Code:
The Aster category, often classified under specific Harmonized System (HS) codes related to flowers and ornamental plants (e.g., HS Code 0603 for cut flowers), includes various species of asters, which are popular in the global floriculture market. Asters are widely cultivated for their vibrant colors and are used in bouquets, decorations, and landscaping. This category also encompasses live plants, cuttings, and seeds of asters. The global trade of asters is influenced by seasonal demand, climatic conditions suitable for cultivation, and advancements in cold chain logistics to ensure freshness during transportation.
Total Trade Volume
USD 250 million
Data from 2022
Source
International Trade Centre (ITC) Trade Map and UN Comtrade Database
USD 90 million
36% of total trade of total trade
Increasing
USD 50 million
20% of total trade of total trade
Increasing
USD 30 million
12% of total trade of total trade
Stable
USD 25 million
10% of total trade of total trade
Increasing
USD 20 million
8% of total trade of total trade
Stable
Average Rate
5.2% ad valorem
Highest Rate
12% (applied by certain countries with protective agricultural policies)
Lowest Rate
0% (under free trade agreements such as EU-ACP or USMCA)
Rising demand for sustainable and organic flowers
Increased focus on eco-friendly cultivation practices, boosting exports from countries with certified organic farms like Kenya and Colombia.
2021-2022
Growth in e-commerce for floriculture products
Direct-to-consumer sales channels have expanded market access for exporters, especially in Europe and North America.
2020-2022
Impact of climate change on cultivation
Shifting growing seasons and extreme weather events have disrupted supply chains, particularly in tropical export regions.
2019-2022
The European Union's Green Deal has introduced stricter environmental regulations on imported flowers, including asters, requiring exporters to meet sustainability criteria.
January 2023
Potential increase in compliance costs for exporters but also an opportunity for certified sustainable producers to gain market share.
A renewed Economic Partnership Agreement (EPA) has reduced tariffs on Kenyan flower exports, including asters, to the EU market.
December 2022
Expected to boost Kenya's export volume by 15% over the next two years, strengthening its position in the European market.
Innovations in refrigeration and packaging have extended the shelf life of cut flowers like asters during long-distance shipping.
Mid-2022
Improved quality upon delivery has increased consumer satisfaction and demand in distant markets such as North America and Asia.