New Report Details Impact of Plant Shortages on Landscape Industry
Landscape material procurement marketplace GoMaterials has released an exclusive report detailing the severity of the 2022 plant shortages. The report offers insights on the plant shortages across the U.S. to help landscape businesses strategize for the year ahead.
The report includes comprehensive proprietary data about regions, categories, sizes, and pricing of the plant materials currently in short supply. The most notable highlight of the report is the estimated 16% rise in the prices of all materials across the most common categories in 2022.
Plant shortages have deepened since 2021 due to rising fertilizer costs, water conservation policies boosting the demand for drought-tolerant materials, and federal funding boosting demand for commercial landscaping, among other factors.
“Plant shortages are persisting in 2022 due to the scarce and expensive supply of raw materials and labor,” says Marc Elliott, CEO of GoMaterials. “On the other hand, rising inflation has added an extra cost burden for the industry, further adding to sourcing complexities. Finding the right plants, in the right specs, and the right price has never been more challenging.”
“The cause-and-effects of the plant shortages are continuously evolving, which is why we wanted to release the 2022 update on the plant shortage report,” Elliott says. “GoMaterials is monitoring the shortages with our nursery partners in order to better communicate with landscape professionals and provide them with the best materials.”
Landscaping companies can now download the report to learn more about items and sizes in short supply, pricing increase trends since 2020, and substitution guidance. The new report also helps wholesale nurseries benchmark their prices based on the data in the report.
The full report by GoMaterials is available for free download on their website.
The 2022 Plant Shortage Report was compiled using proprietary data, and inputs from the GoMaterials operations team. The data visualizations, and absolute numbers, were compiled based on actual estimates and order prices recorded by GoMaterials from 2020 onwards.
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