Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Russia - 2022
Contents:
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Russia (CIF) - 2022
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Russia (FOB) - 2022
- Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Russia
- Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Russia
Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Russia (CIF) - 2022
In 2022, the average import price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) amounted to $9,340 per ton, surging by 23% against the previous year. Over the period under review, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.7% 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 +2.6% against 2016 indices. The most prominent rate of growth was recorded in 2016 an increase of 56%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($25,937 per ton), while the price for Ukraine ($3,533 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+12.2%), 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 Russia (FOB) - 2022
The average export price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) stood at $3,174 per ton in 2022, with an increase of 2.2% against the previous year. Overall, the export price, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2021 when the average export price increased by 56% against the previous year. Over the period under review, the average export prices hit record highs at $8,046 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Georgia ($9,908 per ton), while the average price for exports to Tajikistan ($1,207 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 Georgia (+1.3%), while the prices for the other major destinations experienced a decline.
Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Russia
In 2022, after three years of growth, there was significant decline in overseas purchases of furniture; of cane, osier, or similar materials (other than bamboo or rattan), when their volume decreased by -38.4% to 4.3K tons. Over the period under review, imports showed a abrupt decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 22%. As a result, imports reached the peak of 7K tons, and then dropped notably in the following year.
In value terms, imports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) declined markedly to $40M in 2022. The total import value increased at an average annual rate of +4.2% 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 2020 when imports increased by 23%.
| Import of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 12.2 | 15.7 | 23.6 | 22.2 | 22.1% |
| China | 6.6 | 11.3 | 12.8 | 9.8 | 14.1% |
| United Kingdom | N/A | N/A | 1.6 | 2.1 | 31.3% |
| Poland | 0.7 | 1.4 | 2.1 | 1.2 | 19.7% |
| Lithuania | 4.2 | 3.8 | 2.5 | 1.1 | -36.0% |
| Germany | 2.9 | 2.4 | 2.4 | 1.1 | -27.6% |
| Latvia | 0.3 | 0.4 | 0.3 | 0.8 | 38.7% |
| Vietnam | 1.7 | 1.2 | 0.9 | 0.6 | -29.3% |
| Belarus | 1.4 | 1.6 | 2.8 | N/A | 41.4% |
| Ukraine | 1.7 | 2.9 | 1.0 | N/A | -23.3% |
| Others | 3.7 | 2.7 | 2.7 | 1.1 | -33.3% |
| Total | 35.4 | 43.4 | 52.8 | 40.0 | 4.2% |
Top Suppliers of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) to Russia in 2022:
- China (2645.3 tons)
- Italy (856.0 tons)
- Poland (278.7 tons)
- Latvia (86.1 tons)
- Vietnam (85.9 tons)
- United Kingdom (82.1 tons)
- Germany (54.6 tons)
- Lithuania (45.1 tons)
Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Russia
Exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) from Russia fell notably to 1.8K tons in 2022, waning by -32.2% on 2021 figures. In general, exports saw a sharp decrease. The smallest decline of -12.1% was in 2021.
In value terms, exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) declined sharply to $5.6M in 2022. Overall, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 37% against the previous year. As a result, the exports reached the peak of $8.1M, and then declined remarkably in the following year.
| Export of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 1,939 | 2,551 | 3,770 | 4,083 | 28.2% |
| Armenia | 200 | 154 | 272 | 315 | 16.3% |
| Georgia | 157 | 80.0 | 228 | 292 | 23.0% |
| Uzbekistan | 42.5 | 130 | 949 | 232 | 76.1% |
| Kyrgyzstan | 77.8 | 43.1 | 93.3 | 138 | 21.1% |
| Ukraine | 410 | 395 | 390 | 88.5 | -40.0% |
| Tajikistan | 3,202 | 688 | 65.8 | 67.4 | -72.4% |
| Belarus | 1,232 | 1,072 | 1,409 | N/A | 6.9% |
| Others | 699 | 831 | 972 | 427 | -15.2% |
| Total | 7,959 | 5,944 | 8,150 | 5,643 | -10.8% |
Top Export Markets for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) from Russia in 2022:
- Kazakhstan (1378.9 tons)
- Kyrgyzstan (97.9 tons)
- Armenia (84.7 tons)
- Tajikistan (55.8 tons)
- Uzbekistan (34.0 tons)
- Georgia (29.5 tons)
- Ukraine (11.0 tons)
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