Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Spain - 2023
Contents:
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Spain (CIF) - 2023
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Spain (FOB) - 2022
- Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Spain
- Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Spain
Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Spain (CIF) - 2023
The average import price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) stood at $2,451 per ton in November 2023, shrinking by -59.8% against the previous month. Overall, the import price continues to indicate a abrupt setback. The pace of growth was the most pronounced in April 2023 when the average import price increased by 86% month-to-month. The import price peaked at $6,784 per ton in June 2023; however, from July 2023 to November 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($326K per ton), while the price for Vietnam ($1,849 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 Turkey (+56.3%), 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 Spain (FOB) - 2022
In 2022, the average export price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) amounted to $9,537 per ton, increasing by 3.4% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 23% against the previous year. Over the period under review, the average export prices hit record highs at $10,127 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($21,881 per ton), while the average price for exports to Senegal ($729 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 Andorra (+11.2%), 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 Spain
In 2022, supplies from abroad of furniture; of cane, osier, or similar materials (other than bamboo or rattan) was finally on the rise to reach 8.4K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports showed a relatively flat trend pattern. 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 $38M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +11.8% 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 +46.8% against 2020 indices. As a result, imports attained 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 Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.6 | 11.5 | 12.6 | 15.2 | 9.4% |
| Italy | 6.2 | 6.6 | 8.9 | 9.9 | 16.9% |
| Vietnam | 1.2 | 0.6 | 0.8 | 2.6 | 29.4% |
| France | 0.7 | 0.5 | 0.8 | 2.5 | 52.9% |
| Turkey | 1.4 | 1.2 | 1.7 | 2.2 | 16.3% |
| India | 1.5 | 1.4 | 1.1 | 1.0 | -12.6% |
| Lithuania | N/A | N/A | N/A | 0.5 | 0% |
| Others | 4.7 | 4.2 | 4.9 | 4.4 | -2.2% |
| Total | 27.4 | 26.1 | 30.9 | 38.3 | 11.8% |
Top Suppliers of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) to Spain in 2022:
- China (4.3K tons)
- Turkey (1.4K tons)
- Vietnam (0.8K tons)
- France (0.6K tons)
- Italy (0.5K tons)
- India (0.2K tons)
- Lithuania (0.2K tons)
Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Spain
In 2022, shipments abroad of furniture; of cane, osier, or similar materials (other than bamboo or rattan) decreased by -13.3% to 3.6K tons, falling for the second year in a row after two years of growth. Overall, exports recorded a abrupt setback. The pace of growth was the most pronounced in 2020 when exports increased by 0.4% against the previous year. As a result, the exports attained the peak of 4.6K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) dropped to $34M in 2022. Over the period under review, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 8.4% against the previous year.
| Export of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 10.6 | 9.8 | 10.0 | 7.2 | -12.1% |
| United States | 2.9 | 4.0 | 3.7 | 3.4 | 5.4% |
| Italy | 1.8 | 1.6 | 1.3 | 1.9 | 1.8% |
| Portugal | 3.0 | 2.4 | 2.8 | 1.6 | -18.9% |
| Belgium | 0.5 | 1.0 | 1.1 | 1.6 | 47.4% |
| Qatar | 1.1 | 0.1 | 0.1 | 1.5 | 10.9% |
| Andorra | 0.2 | 0.2 | 0.6 | 1.4 | 91.3% |
| Germany | 1.7 | 1.6 | 1.3 | 1.2 | -11.0% |
| Dominican Republic | 3.2 | 0.7 | 0.7 | 1.2 | -27.9% |
| United Kingdom | 0.8 | 1.1 | 0.8 | 1.1 | 11.2% |
| Morocco | 1.9 | 1.7 | 0.6 | 0.8 | -25.0% |
| Equatorial Guinea | 0.3 | 0.3 | 0.2 | 0.4 | 10.1% |
| Senegal | N/A | N/A | N/A | 0.1 | 0% |
| Others | 15.9 | 10.6 | 14.7 | 11.1 | -11.3% |
| Total | 44.2 | 35.2 | 38.2 | 34.2 | -8.2% |
Top Export Markets for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) from Spain in 2022:
- France (574.0 tons)
- Portugal (488.5 tons)
- Italy (237.8 tons)
- Dominican Republic (158.8 tons)
- United States (153.8 tons)
- Morocco (121.3 tons)
- Qatar (102.2 tons)
- Equatorial Guinea (99.5 tons)
- Belgium (92.6 tons)
- Germany (90.9 tons)
- United Kingdom (90.7 tons)
- Senegal (87.0 tons)
- Andorra (77.8 tons)
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