Price for Furniture; of Bamboo or Rattan in Oman - 2022
Contents:
- Price for Furniture; of Bamboo or Rattan in Oman (CIF) - 2022
- Imports of Furniture; of Bamboo or Rattan in Oman
Price for Furniture; of Bamboo or Rattan in Oman (CIF) - 2022
The average import price for furniture; of bamboo or rattan stood at $2,951 per ton in 2022, standing approx. at the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 46% against the previous year. The import price peaked at $6,123 per ton in 2014; however, from 2015 to 2022, import prices stood 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 ($5,945 per ton), while the price for France ($341 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 (+9.9%), while the prices for the other major suppliers experienced a decline.
Imports of Furniture; of Bamboo or Rattan in Oman
In 2022, overseas purchases of furniture; of bamboo or rattan decreased by -4.5% to 188 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 +10.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 19% against the previous year. As a result, imports attained the peak of 197 tons, and then dropped slightly in the following year.
In value terms, furniture; of bamboo or rattan imports shrank modestly to $555K in 2022. The total import value increased at an average annual rate of +4.4% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 8.8%.
| Import of Furniture; of Bamboo or Rattan in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 203 | 235 | 270 | 272 | 10.2% |
| United Arab Emirates | 230 | 241 | 252 | 230 | 0.0% |
| Malaysia | 13.9 | 16.7 | 20.0 | 20.9 | 14.6% |
| Thailand | 9.7 | 11.4 | 13.2 | 13.4 | 11.4% |
| France | 3.8 | 4.7 | 5.6 | 5.9 | 15.8% |
| Others | 28.4 | 23.1 | 18.7 | 13.3 | -22.3% |
| Total | 489 | 532 | 579 | 555 | 4.3% |
Top Suppliers of Furniture; of Bamboo or Rattan to Oman in 2022:
- Indonesia (123.9 tons)
- United Arab Emirates (38.7 tons)
- France (17.4 tons)
- Thailand (4.5 tons)
- Malaysia (2.0 tons)
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