Price for Rattans Used Primarily for Plaiting in Lithuania - 2023

Contents:

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

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

In 2022, the average import price for rattans used primarily for plaitings amounted to $11,513 per ton, dropping by -71.7% against the previous year. Overall, the import price, however, saw a perceptible increase. The growth pace was the most rapid in 2018 when the average import price increased by 181%. The import price peaked at $40,648 per ton in 2021, and then declined significantly 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 China ($28,362 per ton), while the price for the Netherlands ($9,145 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+7.7%), while the prices for the other major suppliers experienced a decline.

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

The average export price for rattans used primarily for plaitings stood at $2,724 per ton in 2022, with a decrease of -80.3% against the previous year. Over the period under review, the export price showed a abrupt setback. The growth pace was the most rapid in 2020 when the average export price increased by 8,414%. The export price peaked at $39,000 per ton in 2017; however, from 2018 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 Russia ($14,293 per ton), while the average price for exports to Kazakhstan amounted to $2,408 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+24.6%).

Imports of Rattans Used Primarily for Plaiting in Lithuania

In 2022, purchases abroad of rattans used primarily for plaitings increased by 290% to 487 kg for the first time since 2019, thus ending a two-year declining trend. Overall, imports recorded perceptible growth. 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 notably to $5.6K in 2022. Over the period under review, imports, however, recorded a abrupt decline.

Import of Rattans Used Primarily for Plaiting in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/AN/A3.90%
China8.78.44.71.3-46.9%
PolandN/AN/A0.10.2100.0%
Others0.40.20.30.2-20.6%
Total9.18.65.15.6-14.9%

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

  1. Netherlands (429.0 kg)
  2. China (47.0 kg)
  3. Poland (8.0 kg)

Exports of Rattans Used Primarily for Plaiting in Lithuania

In 2022, the amount of rattans used primarily for plaitings exported from Lithuania surged to 1.7 tons, jumping by 5,676% compared with the year before. In general, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, rattans used primarily for plaiting exports soared to $4.6K in 2022. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 14,800%. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Rattans Used Primarily for Plaiting in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KazakhstanN/AN/AN/A3.90%
RussiaN/A0.10.40.6144.9%
OthersN/AN/AN/A0.10%
TotalN/A0.10.44.6578.2%

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

  1. Kazakhstan (1630.0 kg)
  2. Russia (41.0 kg)

Source: IndexBox Market Intelligence Platform

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