Price for Furniture; of Bamboo or Rattan in Belarus - 2022

Contents:

  1. Price for Furniture; of Bamboo or Rattan in Belarus (CIF) - 2022
  2. Price for Furniture; of Bamboo or Rattan in Belarus (FOB) - 2022
  3. Imports of Furniture; of Bamboo or Rattan in Belarus
  4. Exports of Furniture; of Bamboo or Rattan in Belarus

Price for Furniture; of Bamboo or Rattan in Belarus (CIF) - 2022

The average import price for furniture; of bamboo or rattan stood at $3,702 per ton in 2022, growing by 3.8% against the previous year. In general, the import price, however, saw a drastic downturn. The growth pace was the most rapid in 2014 an increase of 16% against the previous year. As a result, import price reached the peak level of $7,178 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($11,640 per ton), while the price for China ($2,813 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (-2.1%), while the prices for the other major suppliers experienced a decline.

Price for Furniture; of Bamboo or Rattan in Belarus (FOB) - 2022

In 2022, the average export price for furniture; of bamboo or rattan amounted to $5,043 per ton, increasing by 4.8% against the previous year. In general, the export price, however, showed a deep slump. The growth pace was the most rapid in 2013 an increase of 69% against the previous year. The export price peaked at $16,705 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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 Kazakhstan ($6,619 per ton), while the average price for exports to Russia amounted to $3,252 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+3.8%).

Imports of Furniture; of Bamboo or Rattan in Belarus

In 2022, supplies from abroad of furniture; of bamboo or rattan decreased by -1.6% to 12 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 with an increase of 3.4%.

In value terms, furniture; of bamboo or rattan imports reached $44K in 2022. In general, imports saw a perceptible reduction.

Import of Furniture; of Bamboo or Rattan in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China24.723.822.823.2-2.1%
Indonesia10.39.99.59.6-2.3%
Ukraine3.63.84.04.57.7%
Lithuania3.03.13.13.44.3%
Italy4.53.83.22.9-13.6%
Others0.40.30.20.2-20.6%
Total46.544.742.943.8-2.0%

Top Suppliers of Furniture; of Bamboo or Rattan to Belarus in 2022:

  1. China (8.3 tons)
  2. Indonesia (2.0 tons)
  3. Ukraine (0.8 tons)
  4. Italy (0.5 tons)
  5. Lithuania (0.3 tons)

Exports of Furniture; of Bamboo or Rattan in Belarus

After three years of growth, shipments abroad of furniture; of bamboo or rattan decreased by -4.6% to 1.8 tons in 2022. The total export volume increased at an average annual rate of +5.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 10% against the previous year.

In value terms, furniture; of bamboo or rattan exports fell slightly to $9.2K in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 0.1% against the previous year.

Export of Furniture; of Bamboo or Rattan in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan6.36.36.46.40.5%
Russia2.92.82.82.8-1.2%
OthersN/AN/AN/AN/A0%
Total9.19.29.29.20.4%

Top Export Markets for Furniture; of Bamboo or Rattan from Belarus in 2022:

  1. Kazakhstan (966.0 kg)
  2. Russia (850.0 kg)

Source: IndexBox Market Intelligence Platform

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