Bangladesh: Cut flower exports decline as domestic consumption rises
Sector insiders have attributed the downward trend in shipment of flowers to factors like inadequate air space, lack of post-harvest management and cooling transportation facilities.
Flower traders said a sharp rise in the demand for flowers in the domestic market is also responsible for the lower-than-expected level of exports.
According to official statistics, the country earned US$ 1,530.22 from exports of cut flowers in the fiscal year 2015-2016, while the earnings were US $ 25,516.07 in the FY 2012-2013.
Last fiscal's exports also registered a 58.36 per cent fall over that of the previous FY 2014-15, the Export Promotion Bureau (EPB) figures showed.
Industry-people said between 2009 and 2016, flower cultivation in the country increased significantly.
And local consumption of flower increased substantially, with farmers struggling to supply.
Read more at The Financial Express