The flower wizard's news: October

Now for the real floral news. September was good but not as good as it was in 2021. The items that everyone wanted were tight in supply, like snowflake white spray roses, white roses, and, of course, fall color items. Most other items were available without any major issues. The wedding and event predictions based on the chart’s numbers may not have lived up to the original expectations.

Novelty and niche items were in high demand, and dried, and preserved flowers are still strong and becoming part of the new normal.

2022 has been a La Niña year. Some growers have reported that in Bogota, it has rained every day in 2022. Ecuador’s weather has not been stellar either. The market has been propped up a bit due to this poor weather’s influence on production.

Possibly, the rise in interest rates and the stock market’s recent performance could debunk some recent reports that the floriculture industry shows no signs of slowing down. We have some strange economic conditions taking place at the same time. These conditions don’t usually occur this way, so it is hard to predict what will happen to our beloved industry.

As we know, the cut flower business tends to slow down by mid-October. I do not think this usual trend will be reversed. I hope it does not happen in a worse manner than usual. We have seen the housing industry take a small step backward. Some realtors have said that the number of sold listings was down 13.2% from the year before and that the average number of days on the market has been going up.

For more information:
New Bloom Solutions
www.newbloomsolutions.com  

 


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