Price for Rattans Used Primarily for Plaiting in Jordan - 2022

Contents:

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

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

In 2022, the average import price for rattans used primarily for plaitings amounted to $4,837 per ton, surging by 297% against the previous year. Over the period under review, the import price continues to indicate a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Singapore ($7,479 per ton), while the price for Vietnam stood at $3,319 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+30.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for rattans used primarily for plaitings amounted to $488 per ton, rising by 8.8% against the previous year. Overall, the export price, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2015 an increase of 47% against the previous year. Over the period under review, the average export prices reached the maximum at $1,014 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Palestine amounted to -6.5% per year.

Imports of Rattans Used Primarily for Plaiting in Jordan

In 2022, approx. 2.4 tons of rattans used primarily for plaitings were imported into Jordan; waning by -75.2% on the year before. Over the period under review, imports showed a dramatic decline. The smallest decline of -28.5% was in 2021.

In value terms, rattans used primarily for plaiting imports shrank modestly to $12K in 2022. In general, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 22%.

Import of Rattans Used Primarily for Plaiting in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore1.92.62.66.651.4%
Vietnam2.01.21.05.136.6%
India1.20.80.7N/A-23.6%
Indonesia2.91.51.0N/A-41.3%
Philippines4.92.72.0N/A-36.1%
Others2.00.94.5N/A50.0%
Total14.99.711.811.7-7.7%

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

  1. Vietnam (1.5 tons)
  2. Singapore (0.9 tons)

Exports of Rattans Used Primarily for Plaiting in Jordan

In 2022, after three years of growth, there was significant decline in shipments abroad of rattans used primarily for plaitings, when their volume decreased by -8.3% to 14 tons. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +12.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 29% against the previous year.

In value terms, rattans used primarily for plaiting exports contracted modestly to $7K in 2022. The total export value increased at an average annual rate of +13.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 46%.

Export of Rattans Used Primarily for Plaiting in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Palestine4.87.07.17.013.4%
OthersN/AN/AN/AN/A0%
Total4.87.07.17.013.4%

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

  1. Palestine (14.4 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Rattans used primarily for plaiting - Jordan