Economy, Domestic Economy
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Flower Market in Slump

Flower Market in SlumpFlower Market in Slump

Some 60% of the cut flowers produced in Iran are in excess of demand, according to the head of Iran Florists Union.

“The domestic flower market is in a slump,” Akbar Shahrokhi was also quoted as saying by ISNA.

Per capita flower consumption in Iran is between seven and 10 flowers. The figure stands at 150 in Europe and 180 in Germany, which happens to be the largest consumer of flowers.

Iran accounts for close to 1% of all the flowers and ornamental plants produced in the world, but only 0.01% of the international market belongs to Iranian exports, which stand at about $40 million annually.

Financialtribune.com