Price for Furniture; of Bamboo or Rattan in Panama - 2022
Contents:
- Price for Furniture; of Bamboo or Rattan in Panama (CIF) - 2022
- Price for Furniture; of Bamboo or Rattan in Panama (FOB) - 2022
- Imports of Furniture; of Bamboo or Rattan in Panama
- Exports of Furniture; of Bamboo or Rattan in Panama
Price for Furniture; of Bamboo or Rattan in Panama (CIF) - 2022
In 2022, the average import price for furniture; of bamboo or rattan amounted to $314 per ton, reducing by -22.2% against the previous year. Over the period under review, the import price showed a sharp decrease. The most prominent rate of growth was recorded in 2014 when the average import price increased by 15%. Over the period under review, average import prices reached the peak figure at $5,967 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Philippines ($733 per ton), while the price for Costa Rica ($116 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (-14.4%), while the prices for the other major suppliers experienced a decline.
Price for Furniture; of Bamboo or Rattan in Panama (FOB) - 2022
In 2022, the average export price for furniture; of bamboo or rattan amounted to $3,226 per ton, rising by 15% against the previous year. Overall, the export price, however, recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2018 when the average export price increased by 44%. The export price peaked at $6,406 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($10,529 per ton), while the average price for exports to Bolivia ($393 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 Chile (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Furniture; of Bamboo or Rattan in Panama
In 2022, approx. 65 tons of furniture; of bamboo or rattan were imported into Panama; increasing by 38% on the previous year. Over the period under review, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, furniture; of bamboo or rattan imports rose notably to $21K in 2022. Overall, imports, however, saw a abrupt descent.
Import of Furniture; of Bamboo or Rattan in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 7.6 | 6.2 | 5.0 | 5.0 | -13.0% |
China | 6.1 | 5.3 | 4.6 | 4.9 | -7.0% |
Honduras | 4.3 | 4.2 | 4.0 | 4.7 | 3.0% |
Vietnam | 1.4 | 1.3 | 1.3 | 1.5 | 2.3% |
Guatemala | 1.0 | 0.9 | 0.9 | 1.1 | 3.2% |
Thailand | 1.1 | 0.9 | 0.8 | 0.9 | -6.5% |
United States | 0.9 | 0.8 | 0.7 | 0.7 | -8.0% |
Indonesia | 1.3 | 0.9 | 0.6 | 0.4 | -32.5% |
Costa Rica | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
Others | 1.3 | 1.2 | 1.0 | 1.1 | -5.4% |
Total | 25.2 | 21.9 | 19.1 | 20.5 | -6.6% |
Top Suppliers of Furniture; of Bamboo or Rattan to Panama in 2022:
- China (33.1 tons)
- Honduras (9.9 tons)
- Italy (8.4 tons)
- Vietnam (4.0 tons)
- Guatemala (3.1 tons)
- Indonesia (1.9 tons)
- Costa Rica (1.7 tons)
- United States (1.1 tons)
- Thailand (1.0 tons)
Exports of Furniture; of Bamboo or Rattan in Panama
In 2022, exports of furniture; of bamboo or rattan from Panama shrank to 969 kg, waning by -4.1% compared with the previous year. Over the period under review, exports showed a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 27% against the previous year.
In value terms, furniture; of bamboo or rattan exports expanded sharply to $3.1K in 2022. Overall, exports faced a sharp descent.
Export of Furniture; of Bamboo or Rattan in Panama (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 2,716 | 1,380 | 1,223 | 1,429 | -19.3% |
Paraguay | 821 | 411 | 358 | 412 | -20.5% |
Ecuador | 940 | 409 | 310 | 310 | -30.9% |
Suriname | 440 | 217 | 186 | 211 | -21.7% |
Costa Rica | 528 | 232 | 178 | 179 | -30.3% |
Barbados | 199 | 101 | 89.0 | 105 | -19.2% |
Bolivia | 101 | 51.0 | 46.0 | 53.0 | -19.3% |
Cuba | 98.0 | 40.0 | 28.0 | 26.0 | -35.7% |
Grenada | 203 | 16.0 | 27.0 | 21.0 | -53.1% |
Others | 1,471 | 559 | 393 | 380 | -36.3% |
Total | 7,517 | 3,416 | 2,838 | 3,126 | -25.4% |
Top Export Markets for Furniture; of Bamboo or Rattan from Panama in 2022:
- Ecuador (279.0 kg)
- United States (159.0 kg)
- Bolivia (135.0 kg)
- Paraguay (84.0 kg)
- Suriname (81.0 kg)
- Barbados (43.0 kg)
- Cuba (32.0 kg)
- Grenada (20.0 kg)
- Costa Rica (17.0 kg)
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