Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Canada - 2023
Contents:
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Canada (CIF) - 2022
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Canada (FOB) - 2022
- Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Canada
- Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Canada
Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Canada (CIF) - 2022
In 2022, the average import price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) amounted to $7,418 per ton, growing by 37% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.6%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($7,418 per ton) and India ($7,418 per ton), while the price for Italy ($7,418 per ton) and China ($7,418 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+3.6%), 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 Canada (FOB) - 2022
The average export price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) stood at $7,376 per ton in 2022, with a decrease of -47.4% against the previous year. Over the period under review, the export price, however, recorded slight growth. The pace of growth was the most pronounced in 2021 an increase of 27% against the previous year. As a result, the export price attained the peak level of $14,034 per ton, and then reduced rapidly in the following year.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($7,376 per ton), while the average price for exports to the United Arab Emirates amounted to $7,376 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.5%).
Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Canada
Imports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) into Canada contracted to 19K tons in 2022, with a decrease of -7.9% compared with 2021 figures. The total import volume increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 17% against the previous year. As a result, imports reached the peak of 21K tons, and then declined in the following year.
In value terms, imports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) skyrocketed to $140M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +17.7% 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 +64.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 31%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
Import of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 43.6 | 48.3 | 63.6 | 82.4 | 23.6% |
Vietnam | 9.7 | 12.5 | 16.9 | 19.7 | 26.6% |
United States | 18.1 | 10.7 | 8.5 | 9.3 | -19.9% |
Italy | 5.1 | 3.6 | 5.6 | 6.9 | 10.6% |
Malaysia | 2.0 | 2.8 | 3.0 | 4.5 | 31.0% |
India | 1.9 | 2.0 | 3.9 | 4.2 | 30.3% |
Austria | N/A | N/A | 0.1 | 2.3 | 2200.0% |
Others | 5.5 | 5.6 | 9.8 | 11.1 | 26.4% |
Total | 86.0 | 85.4 | 112 | 140 | 17.6% |
Top Suppliers of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) to Canada in 2022:
- China (11.1K tons)
- Vietnam (2.7K tons)
- United States (1.3K tons)
- Italy (0.9K tons)
- India (0.6K tons)
- Malaysia (0.6K tons)
- Austria (0.3K tons)
Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Canada
In 2022, the amount of furniture; of cane, osier, or similar materials (other than bamboo or rattan) exported from Canada surged to 4.4K tons, picking up by 130% against the year before. Overall, exports showed a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) skyrocketed to $32M in 2022. Over the period under review, total exports indicated a slight increase from 2019 to 2022: its value increased at an average annual rate of +1.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.6% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 30% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
Export of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 29.7 | 19.4 | 26.0 | 30.0 | 0.3% |
United Arab Emirates | 0.1 | 0.1 | N/A | 0.7 | 91.3% |
Others | 1.1 | 1.0 | 0.6 | 1.5 | 10.9% |
Total | 30.8 | 20.5 | 26.6 | 32.2 | 1.5% |
Top Export Markets for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) from Canada in 2022:
- United States (4.1K tons)
- United Arab Emirates (0.1K tons)
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