Price for Rattans Used Primarily for Plaiting in Angola - 2022

Contents:

1. Price for Rattans Used Primarily for Plaiting in Angola (CIF) - 2022
2. Price for Rattans Used Primarily for Plaiting in Angola (FOB) - 2022
3. Imports of Rattans Used Primarily for Plaiting in Angola
4. Exports of Rattans Used Primarily for Plaiting in Angola

Price for Rattans Used Primarily for Plaiting in Angola (CIF) - 2022

The average import price for rattans used primarily for plaitings stood at $1,448 per ton in 2022, with an increase of 8.4% against the previous year. In general, the import price, however, saw a abrupt descent. The pace of growth appeared the most rapid in 2014 an increase of 169%. The import price peaked at $6,946 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Portugal.

From 2012 to 2022, the rate of growth in terms of prices for Portugal amounted to -6.0% per year.

Price for Rattans Used Primarily for Plaiting in Angola (FOB) - 2022

The average export price for rattans used primarily for plaitings stood at $20,000 per ton in 2022, increasing by 33% against the previous year. Overall, export price indicated a prominent expansion from 2019 to 2022: its price increased at an average annual rate of +15.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, rattans used primarily for plaiting export price decreased by -4.8% against 2020 indices. The pace of growth appeared the most rapid in 2020 when the average export price increased by 62% against the previous year. As a result, the export price reached the peak level of $21,000 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Luxembourg.

From 2019 to 2022, the rate of growth in terms of prices for Luxembourg amounted to +15.4% per year.

Imports of Rattans Used Primarily for Plaiting in Angola

In 2022, after three years of growth, there was significant decline in overseas purchases of rattans used primarily for plaitings, when their volume decreased by -15.2% to 134 kg. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 86% against the previous year.

In value terms, rattans used primarily for plaiting imports declined to $194 in 2022. The total import value increased at an average annual rate of +10.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 23% against the previous year.

Top Suppliers of Rattans Used Primarily for Plaiting to Angola in 2022:

1. Portugal (67.0 kg)

Exports of Rattans Used Primarily for Plaiting in Angola

In 2022, overseas shipments of rattans used primarily for plaitings decreased by -50% to 2 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 300%. As a result, the exports reached the peak of 4 kg, and then declined remarkably in the following year.

In value terms, rattans used primarily for plaiting exports contracted dramatically to $40 in 2022. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 186%. As a result, the exports attained the peak of $60, and then contracted dramatically in the following year.

Top Export Markets for Rattans Used Primarily for Plaiting from Angola in 2022:

1. Luxembourg (2.0 kg)

Source: IndexBox Market Intelligence Platform