Price for Furniture; of Bamboo or Rattan in India - 2022
Contents:
- Price for Furniture; of Bamboo or Rattan in India (CIF) - 2022
- Price for Furniture; of Bamboo or Rattan in India (FOB) - 2022
- Imports of Furniture; of Bamboo or Rattan in India
- Exports of Furniture; of Bamboo or Rattan in India
Price for Furniture; of Bamboo or Rattan in India (CIF) - 2022
In 2022, the average import price for furniture; of bamboo or rattan amounted to $4,055 per ton, stabilizing at the previous year. In general, the import price, however, showed a slight reduction. The growth pace was the most rapid in 2013 when the average import price increased by 4.3% against the previous year. As a result, import price attained the peak level of $4,753 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($5,027 per ton) and Taiwan (Chinese) ($5,025 per ton), while the price for China ($3,606 per ton) and Indonesia ($4,769 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Furniture; of Bamboo or Rattan in India (FOB) - 2022
In 2022, the average export price for furniture; of bamboo or rattan amounted to $10,088 per ton, dropping by -13.3% against the previous year. Overall, the export price, however, showed a prominent expansion. The growth pace was the most rapid in 2017 when the average export price increased by 63% against the previous year. Over the period under review, the average export prices reached the maximum at $12,516 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
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 Singapore ($39,986 per ton), while the average price for exports to Canada ($473 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 Qatar (+23.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Furniture; of Bamboo or Rattan in India
In 2022, after three years of growth, there was decline in overseas purchases of furniture; of bamboo or rattan, when their volume decreased by -1.2% to 141 tons. The total import volume increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 2.5% against the previous year.
In value terms, furniture; of bamboo or rattan imports declined modestly to $571K in 2022. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 0.4%. As a result, imports attained the peak of $572K, leveling off in the following year.
Import of Furniture; of Bamboo or Rattan in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 360 | 360 | 359 | 353 | -0.7% |
Germany | 45.0 | 53.0 | 61.9 | 71.5 | 16.7% |
Philippines | 29.6 | 32.2 | 34.8 | 37.1 | 7.8% |
Malaysia | 55.6 | 47.5 | 40.3 | 33.8 | -15.3% |
Indonesia | 39.1 | 35.6 | 32.3 | 28.9 | -9.6% |
Italy | 15.6 | 16.5 | 17.3 | 17.9 | 4.7% |
Taiwan (Chinese) | 8.7 | 10.3 | 12.1 | 14.0 | 17.2% |
Others | 14.7 | 14.9 | 15.1 | 15.2 | 1.1% |
Total | 568 | 570 | 572 | 571 | 0.2% |
Top Suppliers of Furniture; of Bamboo or Rattan to India in 2022:
- China (97.9 tons)
- Germany (14.2 tons)
- Philippines (7.8 tons)
- Malaysia (6.8 tons)
- Indonesia (6.1 tons)
- Taiwan (Chinese) (2.8 tons)
- Italy (1.8 tons)
Exports of Furniture; of Bamboo or Rattan in India
In 2022, furniture; of bamboo or rattan exports from India soared to 3.3 tons, picking up by 511% on 2021 figures. Overall, exports saw a buoyant expansion.
In value terms, furniture; of bamboo or rattan exports skyrocketed to $33K in 2022. In general, exports recorded significant growth.
Export of Furniture; of Bamboo or Rattan in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Denmark | 4.2 | 13.7 | 1.6 | 10.0 | 33.5% |
Singapore | 6.2 | 14.7 | 1.3 | 5.7 | -2.8% |
Saudi Arabia | 0.7 | 10.7 | 1.1 | 5.5 | 98.8% |
Qatar | 1.0 | 3.2 | 0.4 | 2.4 | 33.9% |
Finland | 0.8 | 2.7 | 0.3 | 2.0 | 35.7% |
Hungary | 0.8 | 2.7 | 0.3 | 1.9 | 33.4% |
Netherlands | 1.3 | 3.3 | 0.3 | 1.3 | 0.0% |
South Africa | 0.4 | 1.4 | 0.2 | 1.0 | 35.7% |
United States | 0.8 | 1.9 | 0.2 | 0.7 | -4.4% |
Sri Lanka | 0.2 | 0.5 | N/A | 0.2 | 0.0% |
Canada | 0.1 | 0.2 | N/A | 0.1 | 0.0% |
Italy | 0.2 | 0.4 | N/A | 0.1 | -20.6% |
Others | 2.2 | 5.0 | 0.6 | 2.3 | 1.5% |
Total | 18.9 | 60.1 | 6.3 | 33.2 | 20.7% |
Top Export Markets for Furniture; of Bamboo or Rattan from India in 2022:
- Denmark (1431.0 kg)
- Saudi Arabia (325.0 kg)
- Netherlands (285.0 kg)
- Hungary (194.0 kg)
- Singapore (142.0 kg)
- Canada (129.0 kg)
- Sri Lanka (102.0 kg)
- United States (100.0 kg)
- South Africa (98.0 kg)
- Finland (85.0 kg)
- Qatar (65.0 kg)
- Italy (53.0 kg)
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