Global flower industry suffers $1.5b loss, but Australian industry may bloom as a result

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Major flower exporters like Kenya are seeing tonnes of flowers rot as COVID-19 slows trade of floral produce around the world, but the disruption could sow the seed for a blooming flower industry in Australia.

Countries around the world are suffering as pandemic restrictions affect the trade of flowers, causing leading export countries like Kenya to lose millions of dollars while tonnes of flowers wilt and rot.Rabobank analyst Lambert van Horen said the financial impact on the floriculture industry globally was at least $1.

A worker at Nini and Lamorna farms in Kenya throwing roses on a waste pile amid the coronavirus pandemic. "The total damage, globally, in the floriculture sector will be at least $1.5 billion [$US1 billion].""In the Netherlands alone, we estimate the damage of the cut flower business is approximately 400–500 million euros [$660 million to $825 million] … in Kenya and Ethiopia it will be 200–300 million euros," he said.

"Our income was cut in half … in April we had to put people on 14 days' unpaid leave," Ms Coulson said. "But now, because of this pandemic, and the change in supply and demand, Australians are going direct to local growers again," he said."I am going to be putting in more roses to meet the demand over the next six months and I am looking to plant around 15,000 [rose bushes].

"We've never seen anything like this. Florists have lined up outside our door, down the street, waiting to get whatever flowers we have available," he said.

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The flowers all over Australia for Mother’s Day were absolute bliss. BreakfastNews

This is interesting. Are their other industries this has happened in?

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