Price for Bamboo Used Primarily for Plaiting in Turkey - 2023

Contents:

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

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

In July 2023, the average import price for bamboo used primarily for plaitings amounted to $681 per ton, surging by 17% against the previous month. In general, the import price, however, continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in March 2023 when the average import price increased by 446% against the previous month. The import price peaked at $2,259 per ton in July 2022; however, from August 2022 to July 2023, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From July 2022 to July 2023, the rate of growth in terms of prices for Georgia amounted to +11.3% per month.

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

In 2022, the average export price for bamboo used primarily for plaitings amounted to $2,911 per ton, picking up by 73% against the previous year. In general, the export price, however, showed a noticeable decline. The most prominent rate of growth was recorded in 2013 when the average export price increased by 89% against the previous year. As a result, the export price attained the peak level of $6,891 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($7,574 per ton), while the average price for exports to Cyprus ($1,128 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 Nigeria (+46.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bamboo Used Primarily for Plaiting in Turkey

In 2022, after three years of growth, there was significant decline in supplies from abroad of bamboo used primarily for plaitings, when their volume decreased by -32.8% to 1.2K tons. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +7.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 49% against the previous year.

In value terms, bamboo used primarily for plaiting imports contracted rapidly to $1.5M in 2022. Overall, imports, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2021 when imports increased by 56%. As a result, imports reached the peak of $2.1M, and then shrank markedly in the following year.

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

1. China (1044.8 tons)
2. Georgia (102.6 tons)
3. India (30.8 tons)

Exports of Bamboo Used Primarily for Plaiting in Turkey

In 2022, approx. 30 tons of bamboo used primarily for plaitings were exported from Turkey; picking up by 30% compared with 2021 figures. In general, exports enjoyed prominent growth. The pace of growth appeared the most rapid in 2021 with an increase of 99%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, bamboo used primarily for plaiting exports surged to $88K in 2022. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Bulgaria (7.7 tons)
2. Azerbaijan (5.0 tons)
3. Iran (4.6 tons)
4. Cyprus (4.3 tons)
5. Nigeria (3.3 tons)
6. Spain (2.0 tons)
7. Iraq (1.3 tons)
8. Libya (1.2 tons)
9. Qatar (0.2 tons)

Source: IndexBox Market Intelligence Platform