Speaking ahead of the IPM Essen trade show in Germany (27-29 January), Spencer said: "I said the exchange rate would be the big story of 2016 but it is going the other way now. It has shifted from EUR1.40 to EUR1.32, which is helpful for businesses exporting into Europe."
The strong pound has encouraged imports from Europe for the past couple of years and has deterred UK exporters. Spencer added: "This will help British growers because the Dutch and Belgian stock won't look quite so cheap."
Nursery Business Improvement Scheme chairman Will George said: "At our last meeting there was some concern among young plant producers about the strength of the pound against the euro, which was making sales difficult. All members were concerned about the year ahead and what the market and Government might throw up."
- See IPM Essen show preview.