Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Japan - 2023
Contents:
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Japan (CIF) - 2023
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Japan (FOB) - 2022
- Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Japan
- Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Japan
Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Japan (CIF) - 2023
In November 2023, the average import price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) amounted to $4,263 per ton, with an increase of 5.2% against the previous month. In general, the import price, however, recorded a mild decrease. The pace of growth appeared the most rapid in February 2023 an increase of 84% m-o-m. As a result, import price reached the peak level of $7,300 per ton. From March 2023 to November 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($26,374 per ton), while the price for Taiwan (Chinese) ($2,101 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 Taiwan (Chinese) (+2.5%), while the prices for the other major suppliers experienced a decline.
Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Japan (FOB) - 2022
In 2022, the average export price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) amounted to $16,921 per ton, increasing by 4% against the previous year. Over the period under review, the export price showed a buoyant increase. The growth pace was the most rapid in 2014 when the average export price increased by 134%. Over the period under review, the average export prices reached the peak figure at $28,463 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($26,798 per ton), while the average price for exports to the UK ($3,885 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 Israel (+14.3%), 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 Japan
For the fourth consecutive year, Japan recorded growth in purchases abroad of furniture; of cane, osier, or similar materials (other than bamboo or rattan), which increased by 8.3% to 13K tons in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +18.2% 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 +65.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 24%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, imports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) reached $60M 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 +19.9% 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 +72.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 35%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 19.0 | 21.6 | 30.8 | 37.6 | 25.5% |
| Italy | 8.4 | 8.8 | 11.4 | 12.7 | 14.8% |
| Taiwan (Chinese) | 3.0 | 5.0 | 5.6 | 4.0 | 10.1% |
| Vietnam | 1.7 | 1.0 | 1.1 | 1.9 | 3.8% |
| Others | 2.9 | 2.7 | 3.9 | 4.2 | 13.1% |
| Total | 35.1 | 39.2 | 52.7 | 60.4 | 19.8% |
Top Suppliers of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) to Japan in 2022:
- China (10.0K tons)
- Taiwan (Chinese) (2.2K tons)
- Italy (0.5K tons)
- Vietnam (0.3K tons)
Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Japan
In 2022, exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) from Japan soared to 56 tons, with an increase of 42% on the previous year. Overall, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +12.6% 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 +42.7% against 2019 indices. 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) surged to $942K in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +12.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 337 | 76.4 | 167 | 402 | 6.1% |
| China | 29.7 | 52.5 | 84.9 | 243 | 101.5% |
| Taiwan (Chinese) | 67.2 | 78.9 | 67.9 | 74.5 | 3.5% |
| Vietnam | 42.2 | 23.0 | 33.3 | 34.6 | -6.4% |
| Singapore | 6.3 | 2.9 | 22.0 | 25.8 | 60.0% |
| United Kingdom | N/A | N/A | N/A | 20.7 | 0% |
| Netherlands | 5.5 | 4.5 | 20.6 | 13.8 | 35.9% |
| South Korea | 35.5 | 60.2 | 62.5 | 9.0 | -36.7% |
| France | 27.4 | 229 | 94.6 | 2.3 | -56.2% |
| Indonesia | 27.9 | 34.2 | N/A | N/A | 22.6% |
| Others | 76.2 | 125 | 86.4 | 116 | 15.0% |
| Total | 655 | 686 | 639 | 942 | 12.9% |
Top Export Markets for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) from Japan in 2022:
- United States (15.0 tons)
- China (14.8 tons)
- Taiwan (Chinese) (7.9 tons)
- United Kingdom (5.3 tons)
- Vietnam (3.7 tons)
- Singapore (1.7 tons)
- Netherlands (1.4 tons)
- South Korea (0.2 tons)
- France (0.1 tons)
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