Price for Furniture; of Bamboo or Rattan in Bangladesh - 2022
Contents:
- Price for Furniture; of Bamboo or Rattan in Bangladesh (FOB) - 2022
- Price for Furniture; of Bamboo or Rattan in Bangladesh (CIF) - 2022
- Exports of Furniture; of Bamboo or Rattan in Bangladesh
- Imports of Furniture; of Bamboo or Rattan in Bangladesh
Price for Furniture; of Bamboo or Rattan in Bangladesh (FOB) - 2022
The average export price for furniture; of bamboo or rattan stood at $9,914 per ton in 2022, waning by -8.4% against the previous year. Over the period under review, the export price, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 196% against the previous year. As a result, the export price attained the peak level of $17,980 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Sweden.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +394.6% per year.
Price for Furniture; of Bamboo or Rattan in Bangladesh (CIF) - 2022
In 2022, the average import price for furniture; of bamboo or rattan amounted to $397 per ton, which is down by -1.7% against the previous year. Over the period under review, the import price showed a deep slump. The most prominent rate of growth was recorded in 2015 an increase of 18%. Over the period under review, average import prices reached the maximum at $2,448 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($1,000 per ton), while the price for Hong Kong SAR ($356 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+1.4%), while the prices for the other major suppliers experienced a decline.
Exports of Furniture; of Bamboo or Rattan in Bangladesh
In 2022, overseas shipments of furniture; of bamboo or rattan increased by 13% to 162 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a abrupt descent.
In value terms, furniture; of bamboo or rattan exports rose modestly to $1.6K in 2022. Over the period under review, exports, however, saw a noticeable reduction.
Export of Furniture; of Bamboo or Rattan in Bangladesh (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 1.7 | 1.6 | 1.5 | 1.6 | -2.0% |
Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
Total | 1.8 | 1.7 | 1.6 | 1.6 | -3.9% |
Top Export Markets for Furniture; of Bamboo or Rattan from Bangladesh in 2022:
- Sweden (161.0 kg)
Imports of Furniture; of Bamboo or Rattan in Bangladesh
In 2022, purchases abroad of furniture; of bamboo or rattan increased by 11% to 63 kg for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt descent.
In value terms, furniture; of bamboo or rattan imports expanded markedly to $25 in 2022. In general, imports, however, saw a abrupt setback.
Import of Furniture; of Bamboo or Rattan in Bangladesh (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hong Kong SAR | 28.0 | 23.0 | 19.0 | 21.0 | -9.1% |
Singapore | 1.0 | 1.0 | 1.0 | 1.0 | 0.0% |
Indonesia | 1.0 | 1.0 | 1.0 | 1.0 | 0.0% |
China | 1.0 | 1.0 | 1.0 | 1.0 | 0.0% |
Thailand | 1.0 | 1.0 | 1.0 | 1.0 | 0.0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 32.0 | 27.0 | 23.0 | 25.0 | -7.9% |
Top Suppliers of Furniture; of Bamboo or Rattan to Bangladesh in 2022:
- Hong Kong SAR (59.0 kg)
- Thailand (1.0 kg)
- Indonesia (1.0 kg)
- China (1.0 kg)
- Singapore (1.0 kg)
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