Price for Bamboo Used Primarily for Plaiting in Ghana - 2022

Contents:

1. Price for Bamboo Used Primarily for Plaiting in Ghana (CIF) - 2022
2. Price for Bamboo Used Primarily for Plaiting in Ghana (FOB) - 2022
3. Imports of Bamboo Used Primarily for Plaiting in Ghana
4. Exports of Bamboo Used Primarily for Plaiting in Ghana

Price for Bamboo Used Primarily for Plaiting in Ghana (CIF) - 2022

In 2022, the average import price for bamboo used primarily for plaitings amounted to $4,135 per ton, surging by 12% against the previous year. Over the period under review, the import price saw a buoyant increase. The pace of growth was the most pronounced in 2014 when the average import price increased by 75%. The import price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($4,447 per ton), while the price for China totaled $2,780 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.0%).

Price for Bamboo Used Primarily for Plaiting in Ghana (FOB) - 2022

The average export price for bamboo used primarily for plaitings stood at $600 per ton in 2022, growing by 2.4% against the previous year. In general, the export price, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 54%. Over the period under review, the average export prices hit record highs at $1,039 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($2,660 per ton), while the average price for exports to Germany ($490 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bamboo Used Primarily for Plaiting in Ghana

In 2022, imports of bamboo used primarily for plaitings into Ghana shrank to 13 tons, dropping by -12.6% compared with 2021 figures. In general, imports saw a deep setback.

In value terms, bamboo used primarily for plaiting imports fell to $54K in 2022. Over the period under review, imports continue to indicate a mild slump. The smallest decline of -1.8% was in 2021.

Top Suppliers of Bamboo Used Primarily for Plaiting to Ghana in 2022:

1. United States (10.5 tons)
2. China (2.4 tons)

Exports of Bamboo Used Primarily for Plaiting in Ghana

In 2022, overseas shipments of bamboo used primarily for plaitings were finally on the rise to reach 13 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a mild shrinkage.

In value terms, bamboo used primarily for plaiting exports surged to $7.7K in 2022. In general, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Bamboo Used Primarily for Plaiting from Ghana in 2022:

1. Germany (11.8 tons)
2. Italy (0.6 tons)
3. United States (0.5 tons)

Source: IndexBox Market Intelligence Platform