Price for Rattans Used Primarily for Plaiting in Israel - 2023
Contents:
- Price for Rattans Used Primarily for Plaiting in Israel (CIF) - 2022
- Imports of Rattans Used Primarily for Plaiting in Israel
Price for Rattans Used Primarily for Plaiting in Israel (CIF) - 2022
The average import price for rattans used primarily for plaitings stood at $15,505 per ton in 2022, rising by 5.3% against the previous year. In general, the import price showed a prominent expansion. The pace of growth was the most pronounced in 2018 when the average import price increased by 76% against the previous year. Over the period under review, average import prices hit record highs 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 the Philippines ($15,510 per ton), while the price for China totaled $15,504 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Rattans Used Primarily for Plaiting in Israel
Rattans used primarily for plaiting imports into Israel shrank rapidly to 8.4 tons in 2022, with a decrease of -15.4% compared with 2021. Over the period under review, imports, however, enjoyed a resilient expansion. The growth pace was the most rapid in 2021 with an increase of 1,318%. As a result, imports attained the peak of 10 tons, and then reduced markedly in the following year.
In value terms, rattans used primarily for plaiting imports reduced to $131K in 2022. In general, imports, however, recorded prominent growth. The growth pace was the most rapid in 2021 when imports increased by 1,533%. As a result, imports reached the peak of $147K, and then dropped in the following year.
| Import of Rattans Used Primarily for Plaiting in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 45.2 | 0.7 | 77.4 | 112 | 35.3% |
| Philippines | N/A | N/A | N/A | 19.0 | 0% |
| Hong Kong SAR | 6.7 | 2.0 | 41.5 | N/A | 148.9% |
| Vietnam | 5.3 | 1.1 | 8.1 | N/A | 23.6% |
| Congo | 3.3 | N/A | N/A | N/A | 0% |
| Singapore | 15.2 | 5.1 | 18.4 | N/A | 10.0% |
| Others | 0.3 | 0.1 | 1.6 | N/A | 130.9% |
| Total | 76.0 | 9.0 | 147 | 131 | 19.9% |
Top Suppliers of Rattans Used Primarily for Plaiting to Israel in 2022:
- China (7.2 tons)
- Philippines (1.2 tons)
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