Price for Rattans Used Primarily for Plaiting in Turkey - 2023

Contents:

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

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

In 2022, the average import price for rattans used primarily for plaitings amounted to $10,043 per ton, with an increase of 59% against the previous year. Overall, the import price showed a resilient expansion. The pace of growth appeared the most rapid in 2013 an increase of 95%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($13,434 per ton), while the price for Singapore ($4,518 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for rattans used primarily for plaitings amounted to $17,726 per ton, with an increase of 121% against the previous year. In general, the export price enjoyed a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($29,000 per ton), while the average price for exports to Greece ($4,194 per ton) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+42.4%).

Imports of Rattans Used Primarily for Plaiting in Turkey

After three years of growth, supplies from abroad of rattans used primarily for plaitings decreased by -21.5% to 55 tons in 2022. In general, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 261% against the previous year. As a result, imports reached the peak of 70 tons, and then reduced dramatically in the following year.

In value terms, rattans used primarily for plaiting imports skyrocketed to $552K in 2022. Overall, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 369%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

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

1. Indonesia (29.0 tons)
2. China (22.7 tons)
3. Vietnam (2.0 tons)
4. Singapore (1.3 tons)

Exports of Rattans Used Primarily for Plaiting in Turkey

After two years of growth, overseas shipments of rattans used primarily for plaitings decreased by -42.1% to 219 kg in 2022. Overall, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 20%. As a result, the exports attained the peak of 378 kg, and then contracted sharply in the following year.

In value terms, rattans used primarily for plaiting exports soared to $3.9K in 2022. The total export value increased at an average annual rate of +2.6% from 2020 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Czech Republic (100.0 kg)
2. Greece (72.0 kg)
3. United States (22.0 kg)
4. Hong Kong SAR (13.0 kg)
5. Albania (6.0 kg)

Source: IndexBox Market Intelligence Platform