HS Code:
Hyacinth bulbs, without soil attached, fall under the Harmonized System (HS) Code 060110, which covers dormant bulbs, tubers, tuberous roots, corms, crowns, and rhizomes. Hyacinth bulbs are primarily used for ornamental purposes in gardening and landscaping due to their vibrant colors and fragrant blooms. This category is a niche but significant segment of the global horticultural trade, driven by demand in regions with temperate climates where these bulbs thrive. Trade in hyacinth bulbs is influenced by seasonal demand, particularly around spring planting seasons in the Northern Hemisphere.
Total Trade Volume
Approximately $150 million USD
Data from 2022
Source
United Nations Comtrade Database and International Trade Centre (ITC)
$90 million USD
60% of total trade of total trade
Increasing
$15 million USD
10% of total trade of total trade
Stable
$12 million USD
8% of total trade of total trade
Increasing
$10 million USD
7% of total trade of total trade
Stable
$8 million USD
5% of total trade of total trade
Decreasing
Average Rate
5.2% ad valorem
Highest Rate
12% (applied by certain developing countries to protect local horticulture)
Lowest Rate
0% (under free trade agreements like EU internal trade or USMCA)
Rising demand for sustainable and organic bulbs
Increased production costs but higher profit margins for certified organic hyacinth bulbs; growing market share in eco-conscious regions like the EU
2021-2023
Shift towards e-commerce in horticultural trade
Smaller producers and exporters gaining access to international markets through online platforms, boosting trade volumes
2020-2022
Climate change affecting bulb production
Warmer winters in key producing regions like the Netherlands are disrupting dormancy cycles, potentially reducing yields and increasing prices
2019-2023
The European Union introduced stricter phytosanitary requirements for bulb imports to prevent the spread of invasive pests, requiring additional certifications for exporters.
January 2023
Increased compliance costs for exporters outside the EU, potentially reducing trade volumes from non-EU countries while benefiting EU producers like the Netherlands.
The United States temporarily reduced tariffs on selected horticultural imports, including hyacinth bulbs, to address supply chain disruptions.
March 2022
Boosted imports from key suppliers like the Netherlands, increasing market availability and stabilizing prices in the US.
Dutch growers announced investments in sustainable cultivation techniques, including greenhouse innovations, to meet growing global demand.
September 2022
Likely to reinforce the Netherlands' dominance in the global market, potentially lowering prices due to increased supply.