Price for Rattans Used Primarily for Plaiting in Canada - 2023

Contents:

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

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

The average import price for rattans used primarily for plaitings stood at $15,504 per ton in 2022, with an increase of 3.8% against the previous year. In general, the import price saw buoyant growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 40% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($15,504 per ton), while the price for the United States stood at $15,503 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+38.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for rattans used primarily for plaitings stood at $2,533 per ton in 2022, remaining stable against the previous year. In general, the export price showed a pronounced decline. The pace of growth appeared the most rapid in 2014 an increase of 20%. Over the period under review, the average export prices reached the maximum at $4,131 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($2,643 per ton), while the average price for exports to Japan totaled $1,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-2.5%).

Imports of Rattans Used Primarily for Plaiting in Canada

In 2022, purchases abroad of rattans used primarily for plaitings decreased by -24% to 8.6 tons, falling for the second consecutive year after two years of growth. Overall, total imports indicated a noticeable expansion from 2019 to 2022: its volume increased at an average annual rate of +3.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -26.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 51%. As a result, imports attained the peak of 12 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, rattans used primarily for plaiting imports reduced notably to $133K in 2022. Over the period under review, imports, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 65% against the previous year.

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

1. China (7.3 tons)
2. United States (1.2 tons)

Exports of Rattans Used Primarily for Plaiting in Canada

In 2022, overseas shipments of rattans used primarily for plaitings decreased by 0% to 15 kg, falling for the second year in a row after two years of growth. Overall, exports showed a deep downturn. The growth pace was the most rapid in 2020 with an increase of 16% against the previous year. As a result, the exports attained the peak of 29 kg. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, rattans used primarily for plaiting exports amounted to $38 in 2022. Over the period under review, exports saw a abrupt curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 17% against the previous year. As a result, the exports reached the peak of $76. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

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

1. United States (14.0 kg)
2. Japan (1.0 kg)

Source: IndexBox Market Intelligence Platform