Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Indonesia - 2022
Contents:
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Indonesia (FOB) - 2022
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Indonesia (CIF) - 2022
- Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Indonesia
- Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Indonesia
Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Indonesia (FOB) - 2022
The average export price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) stood at $8,481 per ton in March 2022, picking up by 12% against the previous month. In general, export price indicated a measured increase from March 2021 to March 2022: its price increased at an average monthly rate of +3.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, export price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) decreased by -7.5% against January 2022 indices. The most prominent rate of growth was recorded in July 2021 when the average export price increased by 43% m-o-m. The export price peaked at $9,479 per ton in October 2021; however, from November 2021 to March 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In March 2022, the country with the highest price was Belgium ($13,424 per ton), while the average price for exports to the Netherlands ($1,450 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Indonesia (CIF) - 2022
In March 2022, the average import price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) amounted to $1,706 per ton, falling by -9.2% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2021 an increase of 38% month-to-month. Over the period under review, average import prices attained the peak figure at $2,560 per ton in August 2021; however, from September 2021 to March 2022, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($1,727 per ton), while the price for Taiwan (Chinese) ($1,018 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 Taiwan (Chinese) (0.0%), while the prices for the other major suppliers experienced a decline.
Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Indonesia
In 2022, exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) from Indonesia rose remarkably to 3.5K tons, surging by 10% compared with the year before. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +5.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 46% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) soared to $34M in 2022. In general, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 73%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.
| Export of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 10.1 | 7.2 | 15.9 | 23.2 | 31.9% |
| Italy | 3.0 | 1.4 | 1.5 | 3.8 | 8.2% |
| Australia | 0.5 | 0.6 | 1.1 | 2.1 | 61.3% |
| Germany | 0.4 | 0.1 | 0.2 | 0.9 | 31.0% |
| Netherlands | 0.7 | 0.8 | 0.8 | 0.7 | 0.0% |
| Belgium | 0.4 | 0.7 | 0.5 | 0.7 | 20.5% |
| Singapore | 0.9 | 0.4 | 0.6 | 0.5 | -17.8% |
| Canada | 0.1 | 0.1 | 0.1 | 0.4 | 58.7% |
| Others | 2.4 | 1.7 | 1.8 | 1.3 | -18.5% |
| Total | 18.6 | 13.0 | 22.5 | 33.6 | 21.8% |
Top Export Markets for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) from Indonesia in 2022:
- United States (2322.4 tons)
- Netherlands (308.3 tons)
- Italy (254.2 tons)
- Australia (193.3 tons)
- Canada (87.7 tons)
- Germany (55.8 tons)
- Belgium (54.3 tons)
- Singapore (44.9 tons)
Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Indonesia
In 2022, approx. 14K tons of furniture; of cane, osier, or similar materials (other than bamboo or rattan) were imported into Indonesia; with a decrease of -6.1% on the previous year. The total import volume increased at an average annual rate of +4.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 31%. As a result, imports attained the peak of 15K tons, and then dropped in the following year.
In value terms, imports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) shrank to $27M in 2022. The total import value increased at an average annual rate of +3.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 33%. As a result, imports reached the peak of $30M, and then dropped in the following year.
| Import of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 19.5 | 17.0 | 21.6 | 23.6 | 6.6% |
| Taiwan (Chinese) | 2.9 | 2.0 | 2.2 | 1.7 | -16.3% |
| Singapore | 0.2 | 0.4 | 2.5 | 0.5 | 35.7% |
| Germany | 0.3 | 1.7 | 1.5 | 0.1 | -30.7% |
| Others | 1.5 | 1.2 | 2.0 | 0.9 | -15.7% |
| Total | 24.4 | 22.4 | 29.9 | 26.8 | 3.2% |
Top Suppliers of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) to Indonesia in 2022:
- China (12.8K tons)
- Taiwan (Chinese) (1.1K tons)
- Singapore (0.2K tons)
- Germany (0.1K tons)
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