Price for Furniture; of Bamboo or Rattan in Japan - 2022

Contents:

  1. Price for Furniture; of Bamboo or Rattan in Japan (CIF) - 2022
  2. Price for Furniture; of Bamboo or Rattan in Japan (FOB) - 2022
  3. Imports of Furniture; of Bamboo or Rattan in Japan
  4. Exports of Furniture; of Bamboo or Rattan in Japan

Price for Furniture; of Bamboo or Rattan in Japan (CIF) - 2022

In 2022, the average import price for furniture; of bamboo or rattan amounted to $3,314 per ton, leveling off at the previous year. In general, the import price, however, showed a perceptible setback. The most prominent rate of growth was recorded in 2013 an increase of 6.6%. Over the period under review, average import prices reached the peak figure at $5,501 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 Italy ($6,367 per ton), while the price for the Philippines ($698 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-4.7%), while the prices for the other major suppliers experienced a decline.

Price for Furniture; of Bamboo or Rattan in Japan (FOB) - 2022

In 2022, the average export price for furniture; of bamboo or rattan amounted to $8,080 per ton, increasing by 114% against the previous year. Over the period under review, the export price, however, recorded a noticeable decrease. Over the period under review, the average export prices hit record highs at $19,505 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($224,000 per ton), while the average price for exports to Thailand ($864 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 Malaysia (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Furniture; of Bamboo or Rattan in Japan

In 2022, after two years of decline, there was growth in overseas purchases of furniture; of bamboo or rattan, when their volume increased by 2.4% to 6 tons. Overall, imports, however, recorded a noticeable contraction.

In value terms, furniture; of bamboo or rattan imports expanded modestly to $20K in 2022. Over the period under review, imports, however, saw a pronounced contraction.

Import of Furniture; of Bamboo or Rattan in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.57.06.56.5-4.7%
Indonesia8.06.85.75.2-13.4%
Italy3.73.94.14.78.3%
Malaysia0.40.50.50.720.5%
Philippines0.10.10.10.10.0%
Vietnam0.30.20.20.1-30.7%
Others1.81.92.12.511.6%
Total21.820.519.219.8-3.2%

Top Suppliers of Furniture; of Bamboo or Rattan to Japan in 2022:

  1. China (2242.0 kg)
  2. Indonesia (2196.0 kg)
  3. Italy (738.0 kg)
  4. Malaysia (253.0 kg)
  5. Vietnam (126.0 kg)
  6. Philippines (116.0 kg)

Exports of Furniture; of Bamboo or Rattan in Japan

In 2022, shipments abroad of furniture; of bamboo or rattan was finally on the rise to reach 88 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a precipitous setback.

In value terms, furniture; of bamboo or rattan exports surged to $711 in 2022. Over the period under review, exports, however, faced a precipitous decrease.

Export of Furniture; of Bamboo or Rattan in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States12.00.5N/A0.3-70.8%
Malaysia15.60.5N/A0.2-76.6%
China2.10.1N/A0.1-63.8%
Dominica13.3N/AN/AN/A0%
Thailand1.5N/AN/AN/A0%
France0.3N/AN/AN/A0%
Singapore1.4N/AN/AN/A0%
Others4.40.2N/A0.1-71.7%
Total50.41.30.10.7-76.0%

Top Export Markets for Furniture; of Bamboo or Rattan from Japan in 2022:

  1. United States (25.0 kg)
  2. Singapore (22.0 kg)
  3. Thailand (22.0 kg)
  4. China (3.0 kg)
  5. France (2.0 kg)
  6. Malaysia (1.0 kg)

Source: IndexBox Market Intelligence Platform

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