Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in South Africa - 2023
Contents:
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in South Africa (CIF) - 2022
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in South Africa (FOB) - 2022
- Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in South Africa
- Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in South Africa
Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in South Africa (CIF) - 2022
In 2022, the average import price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) amounted to $684 per ton, dropping by -40.3% against the previous year. Over the period under review, the import price saw a deep setback. The pace of growth was the most pronounced in 2020 an increase of 25% against the previous year. The import price peaked at $1,839 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($3,204 per ton), while the price for Malawi ($104 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+7.9%), while the prices for the other major suppliers experienced a decline.
Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in South Africa (FOB) - 2022
In 2022, the average export price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) amounted to $4,239 per ton, surging by 6.5% against the previous year. Overall, the export price, however, showed a noticeable slump. The pace of growth appeared the most rapid in 2017 when the average export price increased by 35% against the previous year. Over the period under review, the average export prices attained the peak figure at $5,457 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
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 Kenya ($17,070 per ton), while the average price for exports to Botswana ($1,645 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 Kenya (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in South Africa
In 2022, after two years of decline, there was significant growth in purchases abroad of furniture; of cane, osier, or similar materials (other than bamboo or rattan), when their volume increased by 82% to 16K tons. In general, imports recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) expanded significantly to $11M in 2022. Overall, imports, however, showed a abrupt curtailment.
| Import of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.5 | 6.8 | 7.2 | 7.1 | -5.8% |
| Malaysia | 1.0 | 1.1 | N/A | 0.2 | -41.5% |
| Malawi | N/A | N/A | N/A | N/A | 0% |
| Others | 3.1 | 2.0 | 2.5 | 3.3 | 2.1% |
| Total | 12.6 | 9.9 | 9.8 | 10.7 | -5.3% |
Top Suppliers of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) to South Africa in 2022:
- China (14.5K tons)
- Malawi (0.5K tons)
- Malaysia (0.1K tons)
Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in South Africa
For the third year in a row, South Africa recorded decline in shipments abroad of furniture; of cane, osier, or similar materials (other than bamboo or rattan), which decreased by -15.8% to 1.3K tons in 2022. In general, exports saw a precipitous decrease. The smallest decline of -3.6% was in 2021.
In value terms, exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) dropped to $5.5M in 2022. Over the period under review, exports faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 11% against the previous year.
| Export of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Botswana | 333 | 504 | 432 | 528 | 16.6% |
| Namibia | 478 | 408 | 566 | 521 | 2.9% |
| Kenya | 62.1 | 46.0 | 492 | 509 | 101.6% |
| Zambia | 1,028 | 774 | 763 | 419 | -25.9% |
| Democratic Republic of the Congo | 21,639 | 148 | 487 | 403 | -73.5% |
| Mozambique | 339 | 324 | 363 | 402 | 5.8% |
| Zimbabwe | 136 | 160 | 188 | 263 | 24.6% |
| Lesotho | 979 | 586 | 409 | 259 | -35.8% |
| Ghana | 113 | 118 | 486 | 230 | 26.7% |
| Swaziland | 604 | 1,090 | 336 | 219 | -28.7% |
| Angola | 78.9 | 55.4 | 72.0 | 106 | 10.3% |
| Croatia | N/A | 26.1 | 57.8 | 85.2 | 80.7% |
| Others | 1,884 | 1,276 | 1,476 | 1,553 | -6.2% |
| Total | 27,675 | 5,515 | 6,129 | 5,498 | -41.7% |
Top Export Markets for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) from South Africa in 2022:
- Botswana (320.8 tons)
- Lesotho (154.3 tons)
- Namibia (146.8 tons)
- Democratic Republic of the Congo (112.6 tons)
- Zambia (87.7 tons)
- Swaziland (81.3 tons)
- Mozambique (73.2 tons)
- Zimbabwe (53.9 tons)
- Kenya (29.8 tons)
- Angola (28.3 tons)
- Ghana (27.5 tons)
- Croatia (21.9 tons)
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