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

Contents:

  1. Price for Furniture; of Bamboo or Rattan in Kazakhstan (CIF) - 2022
  2. Imports of Furniture; of Bamboo or Rattan in Kazakhstan

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

In 2022, the average import price for furniture; of bamboo or rattan amounted to $2,443 per ton, increasing by 6.1% against the previous year. Over the period under review, the import price, however, continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2014 an increase of 33% against the previous year. Over the period under review, average import prices reached the maximum at $6,464 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($47,674 per ton), while the price for Russia ($707 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Furniture; of Bamboo or Rattan in Kazakhstan

After three years of growth, overseas purchases of furniture; of bamboo or rattan decreased by -7.3% to 81 tons in 2022. The total import volume increased at an average annual rate of +8.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 17%. As a result, imports attained the peak of 88 tons, and then declined in the following year.

In value terms, furniture; of bamboo or rattan imports shrank slightly to $198K in 2022. The total import value increased at an average annual rate of +1.6% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 3.3%. As a result, imports reached the peak of $202K, and then contracted in the following year.

Import of Furniture; of Bamboo or Rattan in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam66.169.071.670.42.1%
Turkey51.957.463.065.68.1%
Russia49.550.450.948.7-0.5%
Indonesia10.17.55.63.9-27.2%
Others11.410.910.69.8-4.9%
Total1891952021981.6%

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

  1. Russia (68.8 tons)
  2. Vietnam (9.8 tons)
  3. Turkey (1.4 tons)
  4. Indonesia (0.7 tons)

Source: IndexBox Market Intelligence Platform

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