How To Export Flowers From India To Singapore?

Did you know that flowers exported from India to Singapore have a significant impact on the hospitality and service industries in India? This article discusses the ins and outs of exporting flowers from India to Singapore.

Export to Singapore: An Overview

Singapore has one of Southeast Asia’s most developed retail markets, making it an ideal export destination. The wet markets in Singapore account for the majority of the sale of fruits, vegetables, meats, and flowers of all kinds. 

Moreover, as household income continues to increase, individuals will have more disposable income leading to more such incidental purchases. Additionally, since Singapore is a tourist destination it has a large number of hotels, resorts and restaurants. And, all these businesses require freshly cut flowers to maintain a fresh and lively ambience. 

Hence, the country has a lot of import potential for dried and fresh flowers and regularly gets them from India. Additionally, Flowers are tricky to grow and require a lot of care and technique to grow right. Therefore, instead of wasting the little land they have by growing flowers, Singapore imports such products from other countries to obtain higher land usage efficiency. 

Export of Flowers from India

Floriculture is an integral and lucrative business, much like agriculture in India. Further, it offers significant domestic and export potential since Indian flowers are valued all around the world. Similarly, whether it be for religious reasons or for decorative purposes, both dried and fresh flowers find multiple uses. Moreover, studies show that the global market for flowers exceeds USD 40 billion, and continues to grow at a CAGR of around 10% to 12%. Moreover, the major importers of Indian flowers are the US, Western Europe, Singapore, Japan and South Korea. 

Within Southeast Asia, countries like Thailand, Indonesia, Malaysia and those in Eastern Europe are coming up as consumers. Further, when it comes to the global production of flowers, the Netherlands takes the first spot with 56% of the market, followed by Columbia and Kenya. 

Let us now take a quick look at the major importers and exporters of flowers:

Floriculture Exports from India

Floriculture is a broad term that involves the growing and trading of several products, including the following;

1. Cut flowers
2. Flowering / Ornamental plants
3. Bulbs / Tubers
4. Rhizomes
5. Chicory
6. Orchids
7. Mosses 

Moreover, when it comes to the export of flowers from India, products are grouped into four main categories and their respective market share is as follows:

• Cut flowers, both fresh and dried – 72% 
• Foliage and plant parts – 17.16%
• Rooted cuttings and spawn – 9.92% 
• Bulbs, roots and chicory – 1.05%

How to Export Flowers from India to Singapore

1. First and foremost, entrepreneurs need to study the market and decide what type of flowers they wish to export. Additionally, to gain an understanding of the market, individuals should go through reeds of past sales, talk to experts within the field and connect with foreign buyers.
2. Once the team has decided on what type of flowers they wish to export, they have to form a legal entity in India. Moreover, entrepreneurs can incorporate their business as a private limited company, limited liability partnership, firm or sole proprietorship according to their needs. 
3. Moreover, after incorporating the company, business owners will have to register their company with the Director-General of Foreign Trade. Likewise, they will also have to apply for and obtain an Import Export Code, which serves as a registration number for businesses that import and export products from India.
4. Further, to avail of the benefits provided by the government, companies will have to register with the Export Promotion Council and the required Commodity Boards. 
5. Next, the company must establish an office for itself to enable easy access to the business. Further, the office may be situated within either a rented or bought space, and may even be started from the comfort of the business owner’s home.
6. Once you have all the documentation, you can start finding suppliers and buyers. Moreover, this is one of the most crucial steps in the process as it establishes your business’s supply chain. Additionally, business owners must try to build long-lasting relationships with their suppliers to obtain high-quality products at affordable prices. 
7. The last step in exporting flowers to Singapore is to find reliable shipment agencies that can help you fulfil your orders in time. Further, opt for a renowned shipping service that offers refrigerated cartons to ensure that your flowers stay succulent and fresh till they reach the buyers.

Documents Required to Export Flowers from India to Singapore

1. Company Incorporation Certificate
2. Company PAN
3. Further, ID and Address proof of all the directors or partners
4. Import Export Code
5. Bank account statement and other financial details 
6. GST and other tax registration certificates
7. Quality Assurance Certificate 

Conclusion 

Singapore imports several products, both agricultural and industrial, from other countries, as it faces a scarcity of land and other natural resources. Over the years, India and Singapore have built substantial trade relations, with India contributing heavily to their agricultural imports. 

Further, Singapore imports roughly 80% of its total food consumption, as it houses over four million people and hosts roughly six million tourists annually. For assistance in exporting flowers to Singapore from India reach out to the experts at Vakilsearch right away!

FAQs on Export Flowers From India To Singapore

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