Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Belarus - 2022

Contents:

  1. Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Belarus (CIF) - 2022
  2. Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Belarus (FOB) - 2022
  3. Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Belarus
  4. Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Belarus

Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Belarus (CIF) - 2022

In March 2022, the average import price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) amounted to $3,525 per ton, dropping by -6.9% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.9%. The pace of growth appeared the most rapid in July 2021 an increase of 29% against the previous month. Over the period under review, average import prices reached the maximum at $3,787 per ton in February 2022, and then declined in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Portugal ($15,823 per ton), while the price for Turkey ($2,128 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Portugal (+13.9%), 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 Belarus (FOB) - 2022

In March 2022, the average export price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) amounted to $4,446 per ton, increasing by 4.1% against the previous month. Over the period under review, the export price posted prominent growth. The pace of growth was the most pronounced in September 2021 when the average export price increased by 68% m-o-m. Over the period under review, the average export prices attained the peak figure at $4,643 per ton in December 2021; however, from January 2022 to March 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From March 2021 to March 2022, the rate of growth in terms of prices for Russia amounted to +5.9% per month.

Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Belarus

Imports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) into Belarus expanded remarkably to 1.8K tons in 2022, increasing by 5.5% against 2021 figures. In general, imports, however, showed a pronounced decrease.

In value terms, imports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) surged to $7.6M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1.81.51.62.38.5%
China1.51.81.62.315.3%
Russia1.21.11.42.018.6%
Others0.60.60.61.018.6%
Total5.24.95.27.613.5%

Top Suppliers of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) to Belarus in 2022:

  1. Russia (683.9 tons)
  2. China (541.5 tons)
  3. Italy (433.5 tons)

Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Belarus

In 2022, exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) from Belarus reduced to 929 tons, waning by -5.2% against the year before. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 18%. As a result, the exports attained the peak of 980 tons, and then shrank in the following year.

In value terms, exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) soared to $4.9M in 2022. Overall, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 87%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the near future.

Export of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia1.41.62.84.648.7%
PolandN/AN/AN/A0.10%
Others0.1N/A0.10.226.0%
Total1.51.63.04.948.4%

Top Export Markets for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) from Belarus in 2022:

  1. Russia (882.0 tons)
  2. Poland (25.3 tons)

Source: IndexBox Market Intelligence Platform

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