Coconote
AI notes
AI voice & video notes
Try for free
🌷
Overview of Royal Flora Holland Auction
Aug 15, 2024
Royal Flora Holland Lecture Notes
Overview of Royal Flora Holland
One of the largest flower auctions in the world.
Located in Almere, Netherlands, in a building with a significant footprint.
Operates under a cooperative model.
Historical Context
Tulips are a symbol of Holland, historically valued higher than gold during the Dutch Golden Age.
Centralized Dutch flower auctions began in 1911.
Mergers and acquisitions over the years have led to the establishment of Royal Flora Holland as a nonprofit organization.
Economic Importance
Flower agriculture is a major economic engine for Holland, supported by government initiatives.
In 2016, over 12.5 billion items sold from growers to wholesalers and retailers worldwide.
Auction Operations
Auctions take place daily starting at 5:30 a.m. (Dutch style).
Features both in-house and internet-based auction platforms.
Flowers and plants sourced from local and international growers.
Logistics and Distribution
Flowers delivered 24/7 via air cargo, ship, or truck.
Maintained in cooling areas at 2 degrees Celsius for freshness (up to 3 weeks post-auction).
The auction hall has significant logistical movements, exceeding that of Schiphol Airport.
Cooperative Structure
Founded in the 1910s by local growers to improve pricing through cooperation.
Cooperative includes over 4,000 grower companies and 2,000 clients, primarily wholesalers from Europe.
Global Reach
Major export destinations include Germany, the UK, France, Italy, and the US.
Focus on growth in Asian markets, notably China.
90% of all tulips sold within the first 20 weeks of the year.
Conclusion
Royal Flora Holland plays a crucial role in the flower and plant industry, facilitating sustainable growth and addressing industry challenges.
📄
Full transcript