“The Netherlands’ Huge Flower Sector Wilts as Coronavirus Hurts Business”
The Netherlands accounts for nearly half of the world trade in floriculture products and 77% of flower bulbs sold globally. Top destinations usually include Germany, the U.K., France and Italy. The Dutch exports overall are valued at $6.7 billion and the sector accounts for about 5% of the country’s gross domestic product, according to [Royal FloraHolland’s Michael] van Schie.
Now revenue has dropped by 85% since last month, the cooperative spokesman says.
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The decline comes as the Netherlands battles the rapid spread of the coronavirus. As of Tuesday, 276 people have died in the Netherlands from COVID-19, the disease caused by the virus, and the country has identified 5,560 cases of infection.
The Netherlands isn’t the only country whose flower sector is suffering. Kenya and Ethiopia are also important producers of roses, van Schie says. In Kenya, flowers are the second-largest source of currency after remittances. Seventy percent of cut flowers from Kenya are sold to Europe, most through an auction in the Netherlands. Farmers there are leaving their roses to rot.