Price for Rattans Used Primarily for Plaiting in Italy - 2023

Contents:

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

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

In 2022, the average import price for rattans used primarily for plaitings amounted to $9,545 per ton, dropping by -23.6% against the previous year. Over the period under review, the import price, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2021 an increase of 86% against the previous year. As a result, import price reached the peak level of $12,490 per ton, and then shrank markedly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($24,963 per ton), while the price for Singapore ($5,110 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for rattans used primarily for plaitings stood at $13,161 per ton in 2022, waning by -16.6% against the previous year. In general, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when the average export price increased by 438%. As a result, the export price attained the peak level of $106,333 per ton. From 2019 to 2022, the average 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 Israel ($34,536 per ton), while the average price for exports to the UK ($5,275 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 the United States (+47.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Rattans Used Primarily for Plaiting in Italy

In 2022, approx. 205 tons of rattans used primarily for plaitings were imported into Italy; growing by 37% against the previous year's figure. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +8.5% 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 +47.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, rattans used primarily for plaiting imports rose to $2M in 2022. Overall, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 101%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

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

1. Singapore (94.6 tons)
2. China (70.7 tons)
3. Malaysia (21.6 tons)
4. France (15.2 tons)
5. Indonesia (2.3 tons)

Exports of Rattans Used Primarily for Plaiting in Italy

In 2022, exports of rattans used primarily for plaitings from Italy declined dramatically to 15 tons, with a decrease of -35.7% compared with the year before. In general, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 386% against the previous year. As a result, the exports attained the peak of 24 tons, and then shrank significantly in the following year.

In value terms, rattans used primarily for plaiting exports dropped rapidly to $203K in 2022. Over the period under review, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 338%. As a result, the exports attained the peak of $379K, and then contracted remarkably in the following year.

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

1. Slovenia (undefined tons)
2. Croatia (undefined tons)
3. United Kingdom (8.1 tons)
4. United Arab Emirates (2.5 tons)
5. Israel (2.0 tons)
6. Japan (1.0 tons)
7. Kuwait (1.0 tons)
8. United States (0.1 tons)

Source: IndexBox Market Intelligence Platform