Price for Bamboo Used Primarily for Plaiting in the United States - 2023

Contents:

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

Price for Bamboo Used Primarily for Plaiting in the United States (CIF) - 2022

The average import price for bamboo used primarily for plaitings stood at $933 per ton in 2022, growing by 8.3% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 8.6% against the previous year. Over the period under review, average import prices hit record highs at $1,019 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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 France ($2,365 per ton), while the price for Ecuador ($330 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+9.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Bamboo Used Primarily for Plaiting in the United States (FOB) - 2022

The average export price for bamboo used primarily for plaitings stood at $2,513 per ton in 2022, dropping by -7.7% against the previous year. Overall, the export price, however, showed a prominent increase. The growth pace was the most rapid in 2021 when the average export price increased by 95% against the previous year. As a result, the export price attained the peak level of $2,723 per ton, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($68,532 per ton), while the average price for exports to the UK ($1,334 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 Hong Kong SAR (+58.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bamboo Used Primarily for Plaiting in the United States

In 2022, bamboo used primarily for plaiting imports into the United States totaled 21K tons, with an increase of 3.4% compared with the previous year's figure. The total import volume increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 8.4% against the previous year. As a result, imports reached the peak of 22K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, bamboo used primarily for plaiting imports amounted to $20M in 2022. In general, imports continue to indicate a relatively flat trend pattern. 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 the United States in 2022:

1. China (11.9K tons)
2. Argentina (6.5K tons)
3. Ecuador (1.2K tons)
4. Vietnam (0.9K tons)
5. Indonesia (0.5K tons)
6. France (0.3K tons)

Exports of Bamboo Used Primarily for Plaiting in the United States

In 2022, bamboo used primarily for plaiting exports from the United States amounted to 426 tons, surging by 12% against 2021. The total export volume increased at an average annual rate of +6.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 21%. As a result, the exports attained the peak of 428 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, bamboo used primarily for plaiting exports rose slightly to $1.1M in 2022. Over the period under review, exports recorded significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 73% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Bamboo Used Primarily for Plaiting from the United States in 2022:

1. Canada (383.9 tons)
2. China (12.3 tons)
3. United Kingdom (9.1 tons)
4. Mexico (8.8 tons)

Source: IndexBox Market Intelligence Platform