Price for Bamboo Used Primarily for Plaiting in Italy - 2023

Contents:

  1. Price for Bamboo Used Primarily for Plaiting in Italy (CIF) - 2023
  2. Price for Bamboo Used Primarily for Plaiting in Italy (FOB) - 2022
  3. Imports of Bamboo Used Primarily for Plaiting in Italy
  4. Exports of Bamboo Used Primarily for Plaiting in Italy

Price for Bamboo Used Primarily for Plaiting in Italy (CIF) - 2023

The average import price for bamboo used primarily for plaitings stood at $863 per ton in June 2023, almost unchanged from the previous month. In general, the import price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 46% m-o-m. Over the period under review, average import prices reached the maximum at $1,702 per ton in June 2022; however, from July 2022 to June 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was China ($946 per ton), while the price for Thailand amounted to $618 per ton.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Thailand (-3.7%).

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

In 2022, the average export price for bamboo used primarily for plaitings amounted to $2,170 per ton, surging by 16% against the previous year. In general, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bamboo used primarily for plaiting export price increased by +63.9% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 42% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($3,590 per ton), while the average price for exports to Slovakia ($1,077 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 Kuwait (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bamboo Used Primarily for Plaiting in Italy

In 2022, the amount of bamboo used primarily for plaitings imported into Italy rose rapidly to 11K tons, with an increase of 9.8% on the year before. The total import volume increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, bamboo used primarily for plaiting imports surged to $17M in 2022. Over the period under review, imports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 74% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

Import of Bamboo Used Primarily for Plaiting in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.84.37.811.745.5%
Thailand3.02.54.14.716.1%
Others0.20.20.30.535.7%
Total7.07.012.216.934.2%

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

  1. China (5.9K tons)
  2. Thailand (4.7K tons)

Exports of Bamboo Used Primarily for Plaiting in Italy

For the third consecutive year, Italy recorded decline in shipments abroad of bamboo used primarily for plaitings, which decreased by -15.3% to 385 tons in 2022. In general, exports faced a abrupt decrease.

In value terms, bamboo used primarily for plaiting exports contracted to $835K in 2022. Overall, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 15%.

Export of Bamboo Used Primarily for Plaiting in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece1781582322349.5%
Hungary56.668.693.713232.6%
Slovenia81.650.698.182.60.4%
France11886.669.859.6-20.4%
Albania20.049.827.249.935.6%
Spain10668.311141.3-27.0%
Switzerland2.920.23.332.5123.8%
Germany23.47.13.131.09.8%
Croatia71.956.651.028.1-26.9%
Kuwait10.05.610.420.326.6%
Portugal10.412.710.418.521.2%
Bulgaria5.110.317.415.544.9%
Slovakia11.56.816.49.3-6.8%
Others34014110880.2-38.2%
Total1,036743851835-6.9%

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

  1. Greece (102.2 tons)
  2. Hungary (63.3 tons)
  3. Slovenia (52.7 tons)
  4. Albania (34.2 tons)
  5. France (25.1 tons)
  6. Spain (15.1 tons)
  7. Croatia (13.3 tons)
  8. Switzerland (9.3 tons)
  9. Kuwait (9.0 tons)
  10. Slovakia (8.7 tons)
  11. Portugal (8.7 tons)
  12. Germany (8.6 tons)
  13. Bulgaria (8.3 tons)

Source: IndexBox Market Intelligence Platform

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