Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Portugal - 2023
Contents:
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Portugal (CIF) - 2023
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Portugal (FOB) - 2022
- Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Portugal
- Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Portugal
Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Portugal (CIF) - 2023
The average import price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) stood at $6,652 per ton in November 2023, rising by 11% against the previous month. In general, import price indicated a perceptible expansion from November 2022 to November 2023: its price increased at an average monthly rate of +2.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) decreased by -9.1% against July 2023 indices. The most prominent rate of growth was recorded in July 2023 an increase of 41% m-o-m. The import price peaked at $8,127 per ton in March 2023; however, from April 2023 to November 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Italy ($17,616 per ton), while the price for China ($2,459 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 Spain (+2.7%), 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 Portugal (FOB) - 2022
In 2022, the average export price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) amounted to $13,889 per ton, almost unchanged from the previous year. Overall, the export price enjoyed a prominent increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 165% against the previous year. Over the period under review, the average export prices reached the peak figure at $17,224 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
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 Arab Emirates ($23,795 per ton), while the average price for exports to Gibraltar ($5,030 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 Australia (+16.4%), 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 Portugal
After two years of decline, overseas purchases of furniture; of cane, osier, or similar materials (other than bamboo or rattan) increased by 58% to 2.1K tons in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +7.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) skyrocketed to $9.6M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +17.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,665 | 1,313 | 1,583 | 3,860 | 32.4% |
| Spain | 1,387 | 1,355 | 1,354 | 2,175 | 16.2% |
| Italy | 1,415 | 1,866 | 1,489 | 1,696 | 6.2% |
| France | 184 | 174 | 318 | 429 | 32.6% |
| Germany | 570 | 729 | 398 | 385 | -12.3% |
| India | 83.3 | 54.0 | 73.7 | 198 | 33.5% |
| Vietnam | 45.3 | 60.4 | 22.6 | 158 | 51.7% |
| Others | 485 | 520 | 398 | 670 | 11.4% |
| Total | 5,835 | 6,071 | 5,636 | 9,569 | 17.9% |
Top Suppliers of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) to Portugal in 2022:
- China (960.7 tons)
- Spain (603.1 tons)
- Italy (189.0 tons)
- Germany (87.4 tons)
- France (74.0 tons)
- India (45.6 tons)
- Vietnam (37.0 tons)
Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Portugal
In 2022, approx. 352 tons of furniture; of cane, osier, or similar materials (other than bamboo or rattan) were exported from Portugal; jumping by 23% on the previous year's figure. In general, total exports indicated mild growth from 2019 to 2022: its volume increased at an average annual rate of +1.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +104.6% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 66% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) skyrocketed to $4.9M in 2022. Overall, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 33%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.
| Export of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 462 | 774 | 679 | 934 | 26.4% |
| Angola | 551 | 149 | 346 | 670 | 6.7% |
| United Kingdom | 7.4 | 2.3 | 152 | 561 | 323.2% |
| France | 1,113 | 155 | 511 | 436 | -26.8% |
| United Arab Emirates | 8.2 | 85.0 | 296 | 188 | 184.1% |
| Switzerland | 126 | 353 | 87.1 | 160 | 8.3% |
| Spain | 413 | 20.4 | 175 | 158 | -27.4% |
| Morocco | 23.3 | 41.2 | 20.9 | 129 | 76.9% |
| Cuba | 2.2 | N/A | N/A | 81.5 | 233.4% |
| Canada | 67.9 | 42.9 | 61.4 | 77.3 | 4.4% |
| Gibraltar | N/A | 1.7 | N/A | 57.4 | 481.1% |
| Australia | 24.6 | 106 | 359 | 50.3 | 26.9% |
| Cabo Verde | 203 | 52.8 | 40.3 | 45.8 | -39.1% |
| Others | 1,813 | 1,184 | 1,204 | 1,347 | -9.4% |
| Total | 4,814 | 2,967 | 3,932 | 4,894 | 0.6% |
Top Export Markets for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) from Portugal in 2022:
- Angola (62.3 tons)
- France (45.6 tons)
- United States (42.9 tons)
- United Kingdom (39.9 tons)
- Morocco (22.4 tons)
- Spain (15.6 tons)
- Switzerland (13.5 tons)
- Gibraltar (11.4 tons)
- Cuba (8.8 tons)
- Canada (8.1 tons)
- United Arab Emirates (7.9 tons)
- Australia (7.3 tons)
- Cabo Verde (7.2 tons)
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