HS Code:
Freesia is a genus of herbaceous perennial flowering plants in the family Iridaceae, primarily cultivated for their fragrant, funnel-shaped flowers. Under the Harmonized System (HS) Code 06031400, Freesia is categorized as cut flowers and flower buds, suitable for bouquets or ornamental purposes, fresh. This category is a significant part of the global floriculture trade, often associated with premium floral arrangements and special occasions. The trade of Freesia involves both export from key producing regions and import by major consumer markets, driven by demand for aesthetic and seasonal products.
Total Trade Volume
Approximately $150 million USD
Data from 2022
Source
International Trade Centre (ITC) Trade Map, UN Comtrade Database
$85 million USD
56.7% of total trade of total trade
Increasing
$25 million USD
16.7% of total trade of total trade
Stable
$15 million USD
10.0% of total trade of total trade
Increasing
$10 million USD
6.7% of total trade of total trade
Stable
$5 million USD
3.3% of total trade of total trade
Decreasing
Average Rate
6.5% ad valorem
Highest Rate
12% (applied by certain developing markets with protective agricultural policies)
Lowest Rate
0% (under free trade agreements or preferential trade schemes like EU-GSP)
Rising demand for sustainable and ethically sourced flowers
Increased preference for certified Freesia producers adhering to environmental and labor standards, pushing exporters to adopt sustainable practices
2021-2022
Growth in e-commerce floral sales
Direct-to-consumer models and online platforms have boosted Freesia sales, especially for weddings and events, creating new market opportunities
2020-2022
Seasonal demand spikes during holidays
Significant trade volume increases around Valentine's Day, Mother's Day, and other global celebrations, straining supply chains temporarily
Annual recurring trend
The European Union introduced stricter phytosanitary controls for cut flowers, including Freesia, to prevent the introduction of invasive species and pests.
March 2023
Exporters to the EU, especially from South Africa and the Netherlands, face increased compliance costs and potential delays in shipments.
Dutch growers have invested in advanced greenhouse technologies to enhance year-round Freesia production, improving quality and reducing environmental impact.
June 2022
Strengthens the Netherlands' dominance in the global Freesia market, potentially increasing export volumes by 10-15% over the next few years.
A new bilateral agreement reduced tariffs on cut flowers, including Freesia, entering Japan from the United States, fostering increased trade.
January 2023
US exporters may see a slight uptick in market share in Japan, though overall trade volume remains small compared to European competitors.