Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 116]

Valentine’s Day: Transaction of Red Roses worth Rs 20 Million Expected

  2 min 9 sec to read
Valentine’s Day: Transaction of Red Roses worth Rs 20 Million Expected
Notice (8): Undefined index: caption [APP/View/Articles/view.ctp, line 241]

February 9: With the nearing Valentine’s Day, the transaction of roses worth Rs 20 million has been predicted in Nepali market.

Floriculture Association Nepal (FAN) informed that the roses worth that amount will be produced domestically or imported from India. It’s been a trend to celebrate the day which is popularly celebrated in western countries, and due to this, the sales of related materials takes place in Nepali market.

As the day February 14 nears, the demand of red roses goes high. FAN expects a sale of 200,000 sticks of roses on this year Valentine’s day. According to Kumar Kasaju Shrestha, President of FAN, a total of 100,000 sticks of red roses worth Rs five million are being imported from India. Shrestha informed that the remaining 100,000 sticks of roses are produced in the country.

The Association said that flowers are imported from India as well as other countries as the domestic production is not sufficient to meet the local demand. FAN informed that Nepal is importing different types of flowers amounting to Rs 100 million.

Though the production of flowers is increasing by 10 to 15 percent annually, 15 to 20 percent of total demand is fulfilled through import. Due to only seasonal market for flowers in Nepal, flower entrepreneurs are scared for producing more locally.

It has also been assumed that the consumption of 40 percent of roses is in Kathmandu alone. Similarly, the consumption of the remaining 60 percent roses is in Pokhara, Dharan, Biratnagar, Chitwan and other major cities of Nepal.

Though the flower entrepreneurs are increasing, Nepal has not been self-reliant in flower production. “High investment needed for land, high wages of workers and lack of irrigation facility, are the major problems of floriculture,” mentioned Shrestha.

According to Shrestha, due to the high investment cost, the price of flower also rises automatically and this is why floriculture entrepreneurs focus only on import of flowers.

The association has determined the price of roses from minimum of Rs 40 to maximum Rs 100. The price has been determined according to the quality of roses.

On Valentine’s Day, the price of roses is predicted to be between Rs 60 to 70 per stick. The association says that the price of rose reduces with the import of flower from India, thereby helping control its price.

Deprecated (16384): Using key `action` is deprecated, use `url` directly instead. [CORE/Cake/View/Helper/FormHelper.php, line 383]
No comments yet. Be the first one to comment.