Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Croatia - 2023

Contents:

  1. Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Croatia (CIF) - 2023
  2. Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Croatia (FOB) - 2023
  3. Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Croatia
  4. Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Croatia

Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Croatia (CIF) - 2023

In November 2023, the average import price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) amounted to $7,141 per ton, dropping by -23.3% against the previous month. In general, the import price, however, continues to indicate a mild increase. The pace of growth appeared the most rapid in September 2023 an increase of 83% m-o-m. Over the period under review, average import prices reached the peak figure at $9,549 per ton in May 2023; however, from June 2023 to November 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Serbia ($26,593 per ton), while the price for China ($2,823 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Romania (+17.8%), 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 Croatia (FOB) - 2023

The average export price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) stood at $5,887 per ton in November 2023, declining by -48.8% against the previous month. Overall, the export price recorded a deep downturn. The growth pace was the most rapid in April 2023 an increase of 77% m-o-m. Over the period under review, the average export prices attained the peak figure at $16,504 per ton in May 2023; however, from June 2023 to November 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Albania ($26,975 per ton), while the average price for exports to Australia ($1,650 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+72.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of furniture; of cane, osier, or similar materials (other than bamboo or rattan) imported into Croatia shrank to 1.1K tons, dropping by -12.8% against the previous year. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +10.1% 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 +43.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 65%. As a result, imports reached the peak of 1.2K tons, and then contracted in the following year.

In value terms, imports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) shrank to $5.6M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +16.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 60%. As a result, imports reached the peak of $5.9M, and then fell slightly in the following year.

Import of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8868431,6341,67723.7%
Italy1,2941,3831,5161,6127.6%
Slovenia16528941468460.6%
Germany19419992962747.9%
BulgariaN/A82.115426981.0%
Poland1411324291481.6%
South AfricaN/A30.226.286.969.6%
India2.40.85.073.5212.9%
Vietnam11887.485.21.4-77.2%
Others785630708450-16.9%
Total3,5853,6775,9005,63016.2%

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

  1. China (552.7 tons)
  2. Italy (118.2 tons)
  3. Germany (101.9 tons)
  4. Bulgaria (78.1 tons)
  5. Slovenia (71.9 tons)
  6. Poland (40.7 tons)
  7. India (22.4 tons)
  8. South Africa (16.3 tons)
  9. Vietnam (0.7 tons)

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

For the third year in a row, Croatia recorded decline in shipments abroad of furniture; of cane, osier, or similar materials (other than bamboo or rattan), which decreased by -27.4% to 222 tons in 2022. Overall, exports saw a abrupt decrease. The smallest decline of -3.4% was in 2020.

In value terms, exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) fell notably to $2.2M in 2022. In general, exports showed a abrupt shrinkage. The smallest decline of -0.1% was in 2021.

Export of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany79.9210248920125.8%
Austria3246971,700224-11.6%
Cyprus38.630.5N/A20574.5%
Slovenia71.181.422516732.9%
Serbia182187298142-7.9%
Italy18930.146.9114-15.5%
Switzerland22212410559.8-35.4%
France48118723.350.8-52.7%
Saudi ArabiaN/AN/AN/A48.30%
Bosnia and Herzegovina18311628.747.5-36.2%
SpainN/A6173.335.6-76.0%
Hungary77.427.617.83.2-65.4%
United Kingdom1,6385401.60.5-93.3%
Others14476.622323016.9%
Total3,6312,9242,9202,249-14.8%

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

  1. Germany (66.2 tons)
  2. Slovenia (35.9 tons)
  3. Serbia (35.1 tons)
  4. Austria (31.5 tons)
  5. Switzerland (10.1 tons)
  6. Saudi Arabia (9.4 tons)
  7. Cyprus (7.8 tons)
  8. Italy (6.3 tons)
  9. Bosnia and Herzegovina (5.6 tons)
  10. France (1.9 tons)
  11. Spain (1.2 tons)
  12. Hungary (0.7 tons)

Source: IndexBox Market Intelligence Platform

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