Price for Bamboo Used Primarily for Plaiting in Pakistan - 2023

Contents:

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

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

In 2022, the average import price for bamboo used primarily for plaitings amounted to $226 per ton, falling by -33.6% against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 an increase of 36%. Over the period under review, average import prices hit record highs at $340 per ton in 2021, and then contracted sharply in the following year.

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 China ($853 per ton), while the price for Myanmar ($64 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for bamboo used primarily for plaitings stood at $73 per ton in 2022, dropping by -43.7% against the previous year. Over the period under review, the export price recorded a deep contraction. The pace of growth appeared the most rapid in 2015 an increase of 73%. The export price peaked at $329 per ton in 2016; however, from 2017 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 Kuwait ($452 per ton), while the average price for exports to Afghanistan ($58 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 (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bamboo Used Primarily for Plaiting in Pakistan

In 2022, imports of bamboo used primarily for plaitings into Pakistan shrank to 3.5K tons, which is down by -13% on the previous year. Overall, imports showed a abrupt downturn. The growth pace was the most rapid in 2021 when imports increased by 7.6% against the previous year.

In value terms, bamboo used primarily for plaiting imports contracted significantly to $794K in 2022. Over the period under review, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 37% against the previous year. As a result, imports reached the peak of $1.4M, and then dropped notably in the following year.

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

1. Myanmar (1957.7 tons)
2. Vietnam (555.0 tons)
3. Montenegro (423.0 tons)
4. China (331.2 tons)
5. Hong Kong SAR (161.3 tons)

Exports of Bamboo Used Primarily for Plaiting in Pakistan

In 2022, the amount of bamboo used primarily for plaitings exported from Pakistan surged to 7.9K tons, increasing by 19% on the previous year's figure. Over the period under review, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +12.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +85.9% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 56%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, bamboo used primarily for plaiting exports contracted significantly to $576K in 2022. Overall, exports, however, continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 4% against the previous year.

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

1. Afghanistan (7.4K tons)
2. United Arab Emirates (0.1K tons)
3. Iraq (0.1K tons)
4. Kuwait (0.1K tons)

Source: IndexBox Market Intelligence Platform