Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Algeria - 2022
Contents:
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Algeria (CIF) - 2022
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Algeria (FOB) - 2022
- Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Algeria
- Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Algeria
Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Algeria (CIF) - 2022
The average import price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) stood at $3,764 per ton in 2022, declining by -12.3% against the previous year. Over the period under review, the import price, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2017 when the average import price increased by 57%. Over the period under review, average import prices attained the maximum at $4,293 per ton in 2021, and then fell in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lebanon ($20,546 per ton), while the price for Malaysia ($1,143 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Algeria (FOB) - 2022
The average export price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) stood at $799 per ton in 2022, with a decrease of -27% against the previous year. Overall, the export price recorded a deep reduction. The pace of growth was the most pronounced in 2020 an increase of 84% against the previous year. Over the period under review, the average export prices attained the maximum at $3,421 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
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 Cote d'Ivoire ($1,569 per ton), while the average price for exports to Mauritania ($276 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 Cote d'Ivoire (+10.7%), while the prices for the other major destinations experienced a decline.
Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Algeria
After two years of decline, overseas purchases of furniture; of cane, osier, or similar materials (other than bamboo or rattan) increased by 43% to 1.1K tons in 2022. Overall, imports, however, continue to indicate a sharp decline.
In value terms, imports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) surged to $4M in 2022. Over the period under review, imports, however, showed a dramatic decrease.
| Import of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6,505 | 2,815 | 1,454 | 1,764 | -35.3% |
| Lebanon | 114 | 319 | 466 | 717 | 84.6% |
| Italy | 1,660 | 271 | 102 | 383 | -38.7% |
| France | 821 | 373 | 656 | 252 | -32.5% |
| Spain | 313 | 148 | 13.0 | 193 | -14.9% |
| Hong Kong SAR | 98.5 | 96.6 | 93.8 | 160 | 17.6% |
| Malaysia | 37.4 | 35.4 | 33.1 | 54.7 | 13.5% |
| Turkey | 1,217 | 432 | 89.3 | 16.6 | -76.1% |
| Others | 277 | 276 | 243 | 417 | 14.6% |
| Total | 11,044 | 4,765 | 3,150 | 3,958 | -29.0% |
Top Suppliers of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) to Algeria in 2022:
- China (651.2 tons)
- Hong Kong SAR (85.9 tons)
- Spain (56.7 tons)
- France (50.8 tons)
- Malaysia (47.9 tons)
- Lebanon (34.9 tons)
- Italy (27.9 tons)
- Turkey (7.1 tons)
Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Algeria
For the fourth year in a row, Algeria recorded growth in shipments abroad of furniture; of cane, osier, or similar materials (other than bamboo or rattan), which increased by 54% to 26 tons in 2022. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 176% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) expanded significantly to $20K in 2022. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 409%. As a result, the exports attained the peak of $23K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 0.8 | 2.3 | 10.9 | 11.3 | 141.7% |
| Angola | 0.7 | 1.0 | 4.4 | 4.0 | 78.8% |
| Mauritania | 0.1 | N/A | N/A | 2.6 | 196.2% |
| France | 0.2 | 0.2 | 0.3 | 1.4 | 91.3% |
| Ethiopia | 0.8 | 0.9 | 2.6 | 1.2 | 14.5% |
| Mozambique | N/A | 18.2 | N/A | N/A | 0% |
| Mali | 1.6 | N/A | N/A | N/A | 0% |
| Others | 0.2 | 0.1 | N/A | N/A | -50.0% |
| Total | 4.4 | 22.6 | 18.2 | 20.4 | 66.7% |
Top Export Markets for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) from Algeria in 2022:
- Mauritania (9.5 tons)
- Cote d'Ivoire (7.2 tons)
- Ethiopia (3.8 tons)
- Angola (2.9 tons)
- France (2.1 tons)
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