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

Contents:

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

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

In 2022, the average import price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) amounted to $3,834 per ton, dropping by -18.3% against the previous year. Overall, the import price, however, enjoyed a notable increase. The growth pace was the most rapid in 2021 an increase of 43% against the previous year. The import price peaked at $5,334 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($13,761 per ton), while the price for Thailand ($266 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) stood at $1,229 per ton in 2022, reducing by -2.3% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 69% against the previous year. The export price peaked at $1,259 per ton in 2021, and then contracted in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Mali amounted to -0.0% per year.

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

In 2022, purchases abroad of furniture; of cane, osier, or similar materials (other than bamboo or rattan) increased by 39% to 828 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a sharp shrinkage.

In value terms, imports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) reached $3.2M in 2022. Over the period under review, imports, however, showed a dramatic slump.

Import of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4,5932,2531,3662,236-21.3%
Turkey1,775742476339-42.4%
Italy2341093712674.5%
United Kingdom25873.3195126-21.3%
Thailand11.611.813.27.7-12.8%
Others448374366199-23.7%
Total7,3193,5632,7873,175-24.3%

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

  1. China (489.0 tons)
  2. Turkey (184.9 tons)
  3. United Kingdom (76.4 tons)
  4. Thailand (28.9 tons)
  5. Italy (19.4 tons)

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

After three years of growth, shipments abroad of furniture; of cane, osier, or similar materials (other than bamboo or rattan) decreased by -20.8% to 4 tons in 2022. Overall, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 246% against the previous year.

In value terms, exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) reduced markedly to $4.9K in 2022. In general, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 486%.

Export of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mali0.62.30.84.9101.4%
MaltaN/A1.2N/AN/A0%
BeninN/AN/A5.4N/A0%
OthersN/AN/A0.1N/A0%
Total0.63.56.34.9101.4%

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

  1. Mali (4.0 tons)

Source: IndexBox Market Intelligence Platform

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