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

Contents:

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

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

The average import price for furniture; of bamboo or rattan stood at $1,661 per ton in 2022, increasing by 5% against the previous year. Overall, the import price, however, continues to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2013 an increase of 28% against the previous year. As a result, import price attained the peak level of $3,278 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($2,061 per ton), while the price for China ($232 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+1.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for furniture; of bamboo or rattan amounted to $2,811 per ton, picking up by 2.5% against the previous year. Over the period under review, the export price, however, saw a noticeable slump. The growth pace was the most rapid in 2015 when the average export price increased by 28%. Over the period under review, the average export prices reached the peak figure at $3,967 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Senegal.

From 2012 to 2022, the rate of growth in terms of prices for Madagascar amounted to +64.4% per year.

Imports of Furniture; of Bamboo or Rattan in Iran

In 2022, supplies from abroad of furniture; of bamboo or rattan decreased by -4.3% to 5.3 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 +4.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by 9.3%. As a result, imports reached the peak of 5.5 tons, and then contracted modestly in the following year.

In value terms, furniture; of bamboo or rattan imports totaled $8.8K in 2022. In general, imports recorded a relatively flat trend pattern.

Import of Furniture; of Bamboo or Rattan in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates6.56.97.27.54.9%
Indonesia1.10.90.70.6-18.3%
China0.50.40.30.3-15.7%
Thailand0.50.40.30.2-26.3%
Others0.30.20.20.2-12.6%
Total8.98.88.78.8-0.4%

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

  1. United Arab Emirates (3.7 tons)
  2. China (1.1 tons)
  3. Indonesia (0.3 tons)
  4. Thailand (0.1 tons)

Exports of Furniture; of Bamboo or Rattan in Iran

In 2022, overseas shipments of furniture; of bamboo or rattan decreased by -0.5% to 1.5 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 1% against the previous year.

In value terms, furniture; of bamboo or rattan exports amounted to $4.1K in 2022. In general, exports recorded a slight decrease.

Export of Furniture; of Bamboo or Rattan in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Senegal4.44.24.04.1-2.3%
OthersN/AN/AN/AN/A0%
Total4.44.24.04.1-2.3%

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

  1. Senegal (1.5 tons)

Source: IndexBox Market Intelligence Platform

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