Price for Furniture; of Bamboo or Rattan in Costa Rica - 2022

Contents:

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

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

The average import price for furniture; of bamboo or rattan stood at $1,597 per ton in 2022, with a decrease of -10.5% against the previous year. Over the period under review, the import price saw a noticeable downturn. The growth pace was the most rapid in 2014 when the average import price increased by 33% against the previous year. As a result, import price attained the peak level of $2,981 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 Honduras ($15,687 per ton), while the price for Nicaragua ($222 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Honduras (+30.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for furniture; of bamboo or rattan stood at $1,465 per ton in 2022, stabilizing at the previous year. In general, the export price, however, saw a deep setback. The pace of growth appeared the most rapid in 2013 an increase of 5.6%. As a result, the export price attained the peak level of $3,530 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Honduras ($1,667 per ton), while the average price for exports to Nicaragua ($1,000 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 Honduras (-4.7%), while the prices for the other major destinations experienced a decline.

Imports of Furniture; of Bamboo or Rattan in Costa Rica

In 2022, purchases abroad of furniture; of bamboo or rattan increased by 10% to 11 tons 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 dropped modestly to $18K in 2022. The total import value increased at an average annual rate of +1.3% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 2.5% against the previous year.

Import of Furniture; of Bamboo or Rattan in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Honduras8.39.19.810.16.8%
China5.14.94.64.2-6.3%
Vietnam2.52.72.82.83.8%
Indonesia0.20.20.20.20.0%
United States0.40.30.20.2-20.6%
Italy0.40.30.30.2-20.6%
Others0.40.40.40.3-9.1%
Total17.417.818.318.11.3%

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

  1. China (8.5 tons)
  2. Italy (0.8 tons)
  3. Vietnam (0.7 tons)
  4. Honduras (0.6 tons)
  5. Indonesia (0.2 tons)
  6. United States (0.1 tons)

Exports of Furniture; of Bamboo or Rattan in Costa Rica

After two years of decline, overseas shipments of furniture; of bamboo or rattan increased by 12% to 142 kg in 2022. Overall, exports, however, showed a abrupt decrease.

In value terms, furniture; of bamboo or rattan exports expanded markedly to $208 in 2022. In general, exports, however, showed a abrupt downturn.

Export of Furniture; of Bamboo or Rattan in Costa Rica (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama267214172193-10.3%
Honduras13.011.09.010.0-8.4%
United States3.02.02.02.0-12.6%
Others3.03.03.03.00.0%
Total286230186208-10.1%

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

  1. Panama (131.0 kg)
  2. Honduras (6.0 kg)
  3. United States (2.0 kg)

Source: IndexBox Market Intelligence Platform

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