Free Newsletter
 Subscribe Now
 BR Blog

 HOME
Valentine blues for flower exporters
February 13, 2009

By Gonzalo Solano

The smell of roses may be fainter in the US during this year's Valentine's Day.

Ecuador's flower shipments to the US were down 23 percent so far this year in what was normally the peak season, Gonzalo Luzuriaga, the president of Expoflores, the country's main growers' association, said yesterday.

In one indication of American frugality hitting Valentine's Day sales, 1-800-Flowers.com said in January that it expected revenue to fall 10 percent in 2009.

Demand has also plummeted in Russia, which has been hit even harder by the global economic downturn, according to Carlos Vallejo, the president of Ecuador's central bank.

Exports from Colombia of air-freighted roses, carnations and other flowers may also be down, but officials there say it is too early to say for sure.

"There's great uncertainty," said Augusto Solano, the president of Asocolflores, Colombia's principal flower growers' group.


He said Colombia's flower exports fell by about 1.3 percent in 2008.

Zero growth was the best his group expected in 2009.

Solano said 60 percent of the roses sold in the US for Valentine's Day came from Colombia, and 92 percent of the carnations, as well as 93 percent of the chrysanthemums.

Colombia produces about 77 percent of US cut flower imports and Ecuador 17 percent.

While demand from Europe was up 17 percent this year, Luzuriaga said, overall exports were down 15 percent. Ecuador sold flowers worth $523-million (about R5.16-billion) from January to November 2008, but its central bank predicts sales will fall by $150-million in 2009. - Sapa-AP
BOOKMARK THIS STORY

Social bookmarking allows users to save and categorise a personal collection of bookmarks and share them with others. This is different to using your own browser bookmarks which are available using the menus within your web browser.

Use the links below to share this article on the social bookmarking site of your choice.

Read more about social bookmarking at Wikipedia - Social Bookmarking

     

BUSINESS SERVICES
Awesome UK Lotto's
Business Directory
Car Insurance
Car Insurance for Women
City Guide
Insurance Quote
Life Insurance
Life Insurance for Women
Maps & Direction
Medical Aid
Meetings Africa
Mobile Business Directory
Online Shopping
Personal Loans
Play Huge Lottos
Property Search
Travel Specials

MOBILE SERVICES
 Get Business Headlines & Indicators
 on your phone - dial *120*IOL*5#
 Click here to find out more (SA only)



News


Markets


Technology News


Company News


International