Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Romania - 2023
Contents:
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Romania (CIF) - 2023
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Romania (FOB) - 2023
- Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Romania
- Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Romania
Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Romania (CIF) - 2023
The average import price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) stood at $2,974 per ton in November 2023, picking up by 8.5% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in May 2023 when the average import price increased by 24% m-o-m. As a result, import price reached the peak level of $3,746 per ton. From June 2023 to November 2023, the average import prices remained at a somewhat 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 Moldova ($9,582 per ton), while the price for Switzerland ($31.0 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 Moldova (+16.0%), 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 Romania (FOB) - 2023
The average export price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) stood at $2,584 per ton in November 2023, shrinking by -46.8% against the previous month. Overall, the export price recorded a mild setback. The most prominent rate of growth was recorded in January 2023 an increase of 41% against the previous month. The export price peaked at $6,071 per ton in June 2023; however, from July 2023 to November 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Moldova.
From November 2022 to November 2023, the rate of growth in terms of prices for Greece amounted to +12.2% per month.
Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Romania
In 2022, supplies from abroad of furniture; of cane, osier, or similar materials (other than bamboo or rattan) decreased by -22.3% to 10K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of 47%. As a result, imports attained the peak of 13K tons, and then contracted sharply in the following year.
In value terms, imports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) dropped to $26M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +18.2% 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 +65.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 40%.
| Import of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 3.3 | 7.7 | 11.9 | 11.1 | 49.8% |
| Poland | 2.9 | 4.4 | 5.5 | 3.6 | 7.5% |
| China | 2.4 | 2.4 | 3.4 | 2.7 | 4.0% |
| Turkey | 1.9 | 1.9 | 1.7 | 2.4 | 8.1% |
| Italy | 0.9 | 0.8 | 2.1 | 1.8 | 26.0% |
| Germany | 1.0 | 1.5 | 1.5 | 1.2 | 6.3% |
| Serbia | 0.8 | 0.9 | 1.0 | 0.6 | -9.1% |
| Others | 2.3 | 2.3 | 2.7 | 2.1 | -3.0% |
| Total | 15.5 | 21.7 | 29.8 | 25.6 | 18.2% |
Top Suppliers of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) to Romania in 2022:
- Bulgaria (5.0K tons)
- Poland (1.4K tons)
- Turkey (1.2K tons)
- China (0.8K tons)
- Germany (0.6K tons)
- Serbia (0.4K tons)
- Italy (0.3K tons)
Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Romania
In 2022, approx. 1.9K tons of furniture; of cane, osier, or similar materials (other than bamboo or rattan) were exported from Romania; jumping by 34% against the previous year's figure. In general, exports, however, recorded a noticeable contraction.
In value terms, exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) rose significantly to $6.8M in 2022. The total export value increased at an average annual rate of +5.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 25% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 911 | 1,300 | 2,057 | 1,726 | 23.7% |
| Italy | 2,308 | 1,582 | 1,791 | 1,461 | -14.1% |
| Bulgaria | 308 | 353 | 481 | 863 | 41.0% |
| Netherlands | 799 | 687 | 751 | 850 | 2.1% |
| Belgium | 660 | 564 | 549 | 768 | 5.2% |
| Moldova | 117 | 14.6 | 71.8 | 236 | 26.4% |
| Croatia | 34.6 | 0.4 | 10.4 | 61.5 | 21.1% |
| Germany | 297 | 282 | 163 | 27.1 | -55.0% |
| Others | 357 | 310 | 505 | 820 | 31.9% |
| Total | 5,792 | 5,094 | 6,379 | 6,813 | 5.6% |
Top Export Markets for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) from Romania in 2022:
- Hungary (645.2 tons)
- Bulgaria (440.3 tons)
- Italy (237.3 tons)
- Netherlands (149.7 tons)
- Belgium (125.3 tons)
- Moldova (94.7 tons)
- Croatia (34.6 tons)
- Germany (5.7 tons)
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