Price for Furniture; of Bamboo or Rattan in Kuwait - 2022
Contents:
- Price for Furniture; of Bamboo or Rattan in Kuwait (CIF) - 2022
- Price for Furniture; of Bamboo or Rattan in Kuwait (FOB) - 2022
- Imports of Furniture; of Bamboo or Rattan in Kuwait
- Exports of Furniture; of Bamboo or Rattan in Kuwait
Price for Furniture; of Bamboo or Rattan in Kuwait (CIF) - 2022
In 2022, the average import price for furniture; of bamboo or rattan amounted to $2,866 per ton, picking up by 7.7% against the previous year. Over the period under review, the import price, however, saw a abrupt decline. The pace of growth appeared the most rapid in 2014 when the average import price increased by 55%. As a result, import price attained the peak level of $7,198 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($8,279 per ton), while the price for Thailand ($211 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+2.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Furniture; of Bamboo or Rattan in Kuwait (FOB) - 2022
In 2022, the average export price for furniture; of bamboo or rattan amounted to $10,933 per ton, reducing by -14.3% against the previous year. Over the period under review, the export price, however, saw prominent growth. The pace of growth was the most pronounced in 2019 an increase of 37% against the previous year. The export price peaked at $12,764 per ton in 2021, and then fell in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lebanon ($52,857 per ton), while the average price for exports to France totaled $9,677 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lebanon (+22.4%).
Imports of Furniture; of Bamboo or Rattan in Kuwait
After three years of growth, overseas purchases of furniture; of bamboo or rattan decreased by -5% to 101 tons in 2022. The total import volume increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 7%. As a result, imports attained the peak of 107 tons, and then shrank modestly in the following year.
In value terms, furniture; of bamboo or rattan imports rose to $290K in 2022. In general, imports recorded a perceptible slump.
| Import of Furniture; of Bamboo or Rattan in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 159 | 159 | 158 | 167 | 1.6% |
| Germany | 33.9 | 34.0 | 33.8 | 35.6 | 1.6% |
| Vietnam | 29.0 | 29.1 | 28.9 | 30.4 | 1.6% |
| France | 21.9 | 21.0 | 20.0 | 20.2 | -2.7% |
| United Arab Emirates | 12.3 | 11.7 | 11.0 | 10.9 | -3.9% |
| Indonesia | 12.7 | 11.2 | 9.7 | 9.0 | -10.8% |
| Thailand | 2.8 | 2.2 | 1.7 | 1.4 | -20.6% |
| Others | 39.3 | 28.7 | 20.8 | 16.1 | -25.7% |
| Total | 311 | 297 | 284 | 290 | -2.3% |
Top Suppliers of Furniture; of Bamboo or Rattan to Kuwait in 2022:
- China (48.8 tons)
- Indonesia (16.4 tons)
- Germany (8.7 tons)
- United Arab Emirates (8.4 tons)
- Thailand (6.5 tons)
- France (4.9 tons)
- Vietnam (4.7 tons)
Exports of Furniture; of Bamboo or Rattan in Kuwait
In 2022, after two years of decline, there was significant growth in shipments abroad of furniture; of bamboo or rattan, when their volume increased by 7% to 1.9 tons. In general, exports, however, showed a deep downturn.
In value terms, furniture; of bamboo or rattan exports reduced to $21K in 2022. The total export value increased at an average annual rate of +9.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 20%. As a result, the exports attained the peak of $23K, and then contracted in the following year.
| Export of Furniture; of Bamboo or Rattan in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 13.1 | 15.9 | 19.4 | 18.1 | 11.4% |
| Lebanon | 2.9 | 3.2 | 3.5 | 3.0 | 1.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 15.9 | 19.1 | 22.9 | 21.0 | 9.7% |
Top Export Markets for Furniture; of Bamboo or Rattan from Kuwait in 2022:
- France (1868.0 kg)
- Lebanon (56.0 kg)
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