Japan, China in War of Flowers

Posted by on May 8, 2006 in Cut Flowers | 1 comment

MiamiHerald.com | 05/08/2006 | Miami flower import capital of the world, facing changes

Check out this story about changes to the flower industry and how they’re impacting importers in Miami. Downward pressure on prices is a real concern, especially as fuel prices go up and the market continues to change:

Importers also have been hard-hit by the steady revaluation of the Colombian peso against the weakening dollar, which has forced up the cost of importing Colombian flowers.

Meanwhile, flower prices at the wholesale level have barely budged.

”Ten years ago, you didn’t have a national supermarket chain” involved in the flower business, Moreno said. “Today instead of 150 buyers that could buy significant volumes, you have 15 buyers that control the market. They can put tremendous pressure on prices.”

1 Comment

  1. Surely Gustavo Moreno was misquoted here when he stated that national supermarkets weren’t involved with flowers 10 years ago.
    Every supermarket chain had flower departments by the late ’70’s.
    Supermarkets currently have perhaps 35% of the total flower sales, and, while those 15 supermarket buyers he mentions have a great deal of power over their vendors and certainly put price pressure on their customers like Mr. Moreno, they hardly control the market.