Friday, September 3, 2010

Why is the rose market so tight?

Many have been asking why the supply of roses has tightened causing prices to rise and making it more of a challenge to source some varieties. There are several reasons... conditions in Colombia and Ecuador have not been as favorable as usual for growing flowers. Rain and cooler dark days reduce rose production from its normal volumes.

Economic factors...Many farms have gone out of business because of factors like high inflation, currency fluctuations, loans called by banks, and a long term recession in many parts of the world.

It's a world market...more flower production going to Russia and some parts of Europe.

All of these factors put together are playing a part in the rose market. Fortunately, we have long-term established relationships with many of the worlds finest and largest rose farms. We also source roses from many different parts of the world (California and Canada) in addition to our imports from South America and this cushions and insures our ability to get our customers what they are looking for a high percentage of time.

With the normal increase in flower sales coming as the summer comes to an end and the coming "pinch" for Valentines 2011, we expect the rose market to remain strong but manageable for the foreseeable future.