
Is your indoor plant hobby getting more expensive these days?, Lifestyle News
The indoor plant hobby has seen a significant increase in popularity, particularly during the pandemic lockdowns, leading to a surge in prices for certain exotic varieties. This trend is attributed to increased demand and the inherent rarity and slow growth rates of some plants. While designer bags and luxury watches are known for their escalating prices, the plant market, especially for rare and exotic specimens, is experiencing a similar phenomenon.
Edmund Lam, owner of the e-plant store Miniaturland, highlights that plant prices are largely governed by the principles of supply and demand, much like the stock market. The pandemic fostered a boom in home gardening, with many enthusiasts seeking out unique plants to expand their collections. Certain exotic plants are difficult to propagate and grow slowly, which naturally limits their supply and drives up their cost. However, not all exotic plants are experiencing price hikes. Koh Wan Ting, founder of A Tilly A Day, notes that the prices of uncommon tillandsia and succulents have actually decreased due to an increased supply in both local and international markets.
The primary drivers of current price increases are plants from the Araceae family, commonly known as aroids, which include aglaonemas, monsteras, philodendrons, and alocasias. International demand for these specific plants often outstrips the available supply, pushing prices upwards. Variegated aroids, which exhibit unique patterns on their leaves due to genetic mutations, can command thousands of dollars. Their rarity and slower growth due to less chlorophyll contribute significantly to their high value. These experts offer insights into which plants are currently popular, which are good to buy, and which are expected to trend in the future.
Edmund Lam identifies Philodendron, Anthurium, and Alocasia as consistently popular genera due to their diverse and striking foliage, while Stephania is gaining traction for its distinctive woody caudex and appealing leaves. For immediate acquisition, he suggests Philodendron verrucosum varieties, Anthurium forgetii, and Stephania kaweesakii, noting their unique characteristics and care requirements. Looking ahead, Lam predicts that Philodendron regale, admired for its breathtaking vein patterns, and Monstera deliciosa var. borsigiana ‘Aurea variegata’, with its stunning yellow variegation, will be future trends. He advises buyers to source plants from specialized local nurseries that propagate and acclimatize exotic plants, ensuring they have established root systems.
Tan Wei Jie, founder of Rabbit Island, observes that social media heavily influences plant demand. He highlights the Monstera borsigiana albo variegata as a popular current choice due to its unique white variegation, alongside the Maranta Lemon Lime, which is notable for its distinctive striped leaves and phototropic response. For future trends, Wei Jie points to Alocasia Zebrina Variegata, Alocasia Cuprea Red Secret Variegata, and Alocasia Silver Dragon Variegata, all prized for their unique patterns and colors. His key advice is for buyers to choose plants suitable for their living conditions rather than blindly following trends, emphasizing that prices fluctuate and personal preference should guide purchases over simply seeking the cheapest option.
Wan Ting of A Tilly A Day champions aroids as excellent indoor plants due to their tolerance for medium light and infrequent watering, along with their appealing foliage. She adds that some aroids are recognized by NASA for their air-purifying qualities. Currently popular options include Alocasia xanthosoma variegata (Mickey Mouse plant), Alocasia black velvet, and Variegated Monstera or Monstera Thai Constellation. For upcoming trends, she forecasts Caladium (elephant ears), variegated spathiphyllum (peace lilies), and Cordyline fruiticosa ‘rainbow red’. Wan Ting advises new plant owners to prioritize plant quality over price, acknowledging the effort involved in growing healthy plants, and to begin with more affordable, younger plants to cultivate with care.
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