Is there A Second Chance For The Orchid Industry Of Singapore?

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There are many orchid suppliers all over the world and Singapore wished to put the country back on the list of the top cultivators of orchid. This is despite the current news regarding the decline in the orchid trade worldwide and the local condition which is currently disconcerting. Farmers in Singapore, however, are hopeful that they will be able to change the future of orchids in the country with the help of the National Parks Board to makes sure that they can continue growing the native flora which has become a national symbol for the nation.

Based on the latest statistics published by the AVA or AgriFood and Veterinary Authority, the production of local orchid has declined for the past decade and the lowest figures were recorded during 2016. From the year 2007 until the year 2017, the production rate of orchid in Singapore has declined considerably by 40 per cent putting the number to six million from the prior 10 million.

In 2011, the highest production was recorded as it reached 11 million stalks. On the same year, the Republic of Singapore also noticed that the trade value for exports of the said flower has reached its highest number totalling 23.4 million in United States dollar.

Within 10 years, orchid exports in the country have fallen in value by around 45 per cent. The 2007 figure which is 16.1 million USD has dwindled down to 8.9 million USD. The numbers are according to the United Nations Commodity Trade Statistics Database.

NParks is currently in charge of the management as well as development of AVA’s orchid department. The agency said that the decreased in production locally is caused by several factors and one of them is that the trade flows of the orchid in the markethas been regulated.

Currently, NParks is coming up with plans as to the future of the industry. As they aim to once again become one of the top orchid suppliers, their strategies are being set to impact the orchid industry. The agency is planning to use holistic methods by partnering with players in the landscape sector.

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