Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Sri Lanka - 2022
Contents:
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Sri Lanka (CIF) - 2022
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Sri Lanka (FOB) - 2022
- Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Sri Lanka
- Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Sri Lanka
Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Sri Lanka (CIF) - 2022
In 2022, the average import price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) amounted to $2,353 per ton, growing by 14% against the previous year. Over the period under review, the import price, however, continues to indicate a mild contraction. The growth pace was the most rapid in 2013 an increase of 67% against the previous year. The import price peaked at $5,289 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($2,495 per ton), while the price for Italy totaled $1,547 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+4.0%), 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 Sri Lanka (FOB) - 2022
In 2022, the average export price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) amounted to $4,198 per ton, reducing by -12.8% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average export price increased by 82% against the previous year. Over the period under review, the average export prices reached the peak figure at $5,472 per ton in 2017; however, from 2018 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 Australia ($8,394 per ton), while the average price for exports to Malaysia ($59 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 Myanmar (+28.7%), 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 Sri Lanka
In 2022, imports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) into Sri Lanka contracted significantly to 167 tons, which is down by -90.2% on the year before. Over the period under review, imports recorded a sharp downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 1,649% against the previous year. As a result, imports reached the peak of 1.7K tons, and then shrank markedly in the following year.
In value terms, imports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) declined remarkably to $392K in 2022. In general, imports recorded a significant curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 920%. As a result, imports attained the peak of $3.5M, and then fell rapidly in the following year.
| Import of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,766 | 84.2 | 537 | 324 | -43.2% |
| Italy | 120 | 0.9 | 293 | 51.6 | -24.5% |
| Jordan | 4.9 | 1.1 | 155 | N/A | 462.4% |
| United Arab Emirates | 339 | 41.9 | 10.2 | N/A | -82.7% |
| Others | 769 | 216 | 2,510 | 17.1 | -71.9% |
| Total | 2,999 | 344 | 3,505 | 392 | -49.2% |
Top Suppliers of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) to Sri Lanka in 2022:
- China (129.7 tons)
- Italy (33.4 tons)
Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Sri Lanka
In 2022, exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) from Sri Lanka surged to 25 tons, jumping by 37% against 2021. Over the period under review, exports, however, recorded a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 226% against the previous year.
In value terms, exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) soared to $105K in 2022. In general, exports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 235% against the previous year.
| Export of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 59.9 | 4.4 | 13.6 | 45.1 | -9.0% |
| Seychelles | 0.4 | 0.2 | 0.1 | 23.6 | 289.3% |
| India | 21.9 | 6.9 | 15.4 | 23.0 | 1.6% |
| Myanmar | 25.3 | N/A | N/A | 9.8 | -27.1% |
| Pakistan | 3.5 | 0.5 | 0.9 | 0.8 | -38.9% |
| Russia | 9.9 | 2.3 | 2.8 | N/A | -46.8% |
| Kenya | 0.7 | 0.5 | 4.3 | N/A | 147.8% |
| Jordan | 3.1 | 1.4 | 6.1 | N/A | 40.3% |
| Malaysia | N/A | N/A | N/A | N/A | 0% |
| United States | 4.7 | 2.9 | 14.5 | N/A | 75.6% |
| France | 3.8 | N/A | N/A | N/A | 0% |
| Ethiopia | 6.3 | 1.1 | 2.6 | N/A | -35.8% |
| Bangladesh | N/A | N/A | 6.4 | N/A | 0% |
| Others | 20.2 | 5.8 | 20.7 | 2.4 | -50.8% |
| Total | 160 | 26.1 | 87.4 | 105 | -13.1% |
Top Export Markets for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) from Sri Lanka in 2022:
- Maldives (9.4 tons)
- Seychelles (7.8 tons)
- India (4.8 tons)
- Myanmar (1.8 tons)
- Malaysia (0.5 tons)
- Pakistan (0.4 tons)
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