Price for Bamboo Used Primarily for Plaiting in Canada - 2023

Contents:

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

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

The average import price for bamboo used primarily for plaitings stood at $1,423 per ton in 2022, surging by 18% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.9%. The growth pace was the most rapid in 2021 when the average import price increased by 24%. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,423 per ton), while the price for China stood at $1,423 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.9%).

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

The average export price for bamboo used primarily for plaitings stood at $1,873 per ton in 2022, jumping by 34% against the previous year. Overall, the export price recorded resilient growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 53% against the previous year. The export price peaked at $2,068 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,873 per ton), while the average price for exports to China totaled $1,873 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+10.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Bamboo Used Primarily for Plaiting in Canada

In 2022, overseas purchases of bamboo used primarily for plaitings decreased by -1.7% to 2K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 15% against the previous year. As a result, imports reached the peak of 2.2K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, bamboo used primarily for plaiting imports surged to $2.8M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +16.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.0% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. China (1922.2 tons)
2. United States (45.9 tons)

Exports of Bamboo Used Primarily for Plaiting in Canada

Bamboo used primarily for plaiting exports from Canada skyrocketed to 68 tons in 2022, jumping by 273% against 2021. Over the period under review, exports showed a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, bamboo used primarily for plaiting exports soared to $127K in 2022. In general, exports showed a significant expansion. 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 Canada in 2022:

1. China (48.8 tons)
2. United States (19.2 tons)

Source: IndexBox Market Intelligence Platform