March 6, 2003
News Release 03-024

IMPORTS CONTINUE TO DOMINATE THE U.S. CUT FLOWER MARKET

Imports continue to account for roughly two-thirds of the U.S. cut flower market due to the strength of the dollar and U.S. income growth as increasing global exports drive prices down, reports the U.S. International Trade Commission (ITC) in its publication Industry and Trade Summary: Cut Flowers.

The ITC, an independent, nonpartisan, factfinding agency, recently released the report as part of an ongoing series of reports on thousands of products imported into and exported from the United States. The report addresses the market, industry, and trade conditions for cut flowers from 1997 through 2001. Following are highlights of the report:

The foregoing information is from the ITC report Industry and Trade Summary: Cut Flowers (USITC Publication 3580, February 2003). This report will be available in the Publications section of the ITC Internet web site at www.usitc.gov. A printed copy may be ordered by calling 202-205-1809, or by writing the Office of the Secretary, U.S. International Trade Commission, 500 E Street SW, Washington, DC 20436. Requests may be faxed to 202-205-2104.

ITC Industry and Trade Summary reports include information on product uses, U.S. and foreign producers, and customs treatment of the products being studied; they analyze the basic factors affecting trends in consumption, production, and trade of the commodities, as well as the factors bearing on the competitiveness of the U.S. industry in domestic and foreign markets.

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