Why are succulents not valuable anymore? What are the reasons for the devaluation of succulents?

Why are succulents not valuable anymore

This article provides a detailed explanation of why succulents are not valuable anymore and the reasons behind the devaluation of succulents in the green plant sector. Let's find out together.

In a short span of time, the price of succulents has plummeted from their peak to the lowest point, without even a transition phase. Nowadays, the succulent market has basically reached a state of relative saturation. With the product saturated, liquidity decreases, and the number of people in the market decreases, leading to a drop in succulent prices.

Currently, succulents found online or sold by others via live streaming may still be at high prices. However, the situation where prices remain high without actual sales is termed "price without market." No matter how expensive succulents are, it's the price you assign to them. The key is whether they can be sold, which is the essence. No matter how high your asking price is, it's useless if you can't sell them.

The succulent market in our country is said to be approaching its end. Those who should have started growing succulents have done so, and those who should have quit have quit. The market is saturated, and those growing succulents are also "full." As a result, succulents can only be sold at the price of vegetables, meaning that now online, succulents are sold for three to two yuan each, with good varieties priced at around ten yuan, far from the high prices of previous years.

As the price of succulents has dropped, most people have started selling potting soil, which is highly profitable because other media can be added to the soil. For most people, it is impossible to distinguish between good and bad potting soil with the naked eye, and even mixed soil can still be sold.

Why are succulents not valuable anymore

In summary, the succulent market is not as easy to navigate. Most people have learned a lot from growing succulents and, with experience, are no longer deceived. That's why the market is becoming increasingly difficult to operate, and many flower farmers have started switching to other industries.

The succulents sold in the Chinese market are mainly Crassula succulents, which are very easy to propagate using leaves alone. The only cost involved is time, which is the lowest in our country. From an initial highly profitable business to the current loss-making situation, many businesses have stopped operating, including many succulent greenhouses in Yunnan that have started growing flowers instead.

In the overall market of our country, anything related to agriculture, once found to be profitable, will cause farmers across the country to start growing it. High prices may last for three to five years before dropping rapidly. With a large population of farmers spread across a vast area, and the development of greenhouse technology, propagating succulents is no problem.

The base number for propagating succulents is extremely high, and with too many people involved in agriculture, the market has become saturated in just a few years. Therefore, succulents are no longer valuable. Being linked to agriculture doesn't present many difficulties, and it can be widely propagated in a short amount of time. The market for succulents will become even harder to operate in the future.

Market saturation is good news for those who enjoy growing succulents, as they can buy a lot of plants for very little money.

The above sharing provides a comprehensive introduction to why succulents are not valuable anymore and the reasons behind their devaluation, hoping to bring some knowledge about green plants to plant enthusiasts.