Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Paraguay - 2024

Contents:

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

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

The average import price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) stood at $5,935 per ton in 2022, surging by 38% against the previous year. In general, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) increased by +114.6% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($14,638 per ton), while the price for India ($3,782 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+7.8%), 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 Paraguay (FOB) - 2022

In 2022, the average export price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) amounted to $46,029 per ton, approximately reflecting the previous year. Overall, the export price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 93% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($47,197 per ton), while the average price for exports to Uruguay stood at $21,360 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+36.1%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, supplies from abroad of furniture; of cane, osier, or similar materials (other than bamboo or rattan) decreased by -41.8% to 50 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2020 with an increase of 3.7% against the previous year. As a result, imports reached the peak of 243 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) shrank remarkably to $295K in 2022. In general, imports continue to indicate a precipitous decrease. The smallest decline of -1.8% was in 2020.

Import of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil200451234111-17.8%
China37136064.886.3-38.5%
Italy74.516.431.953.2-10.6%
United States36.510.123.59.4-36.4%
India1.90.70.76.046.7%
Panama63.0N/A5.24.7-57.9%
Argentina92.01.90.5N/A-92.6%
Others39.923.17.323.9-15.7%
Total879863367295-30.5%

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

  1. Brazil (23.3 tons)
  2. China (17.5 tons)
  3. Italy (3.6 tons)
  4. United States (1.8 tons)
  5. India (1.6 tons)
  6. Panama (0.1 tons)

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

In 2022, overseas shipments of furniture; of cane, osier, or similar materials (other than bamboo or rattan) decreased by 0% to 553 kg, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 14%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) amounted to $25K in 2022. In general, exports recorded a significant expansion. The smallest decline of -65.9% was in 2020. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A24.90%
UruguayN/A0.1N/A0.5123.6%
ArgentinaN/A0.5N/AN/A0%
Brazil1.8N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total1.80.6N/A25.5142.0%

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

  1. United States (528.0 kg)
  2. Uruguay (25.0 kg)

Source: IndexBox Market Intelligence Platform

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