Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in the Czech Republic - 2023
Contents:
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in the Czech Republic (CIF) - 2023
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in the Czech Republic (FOB) - 2023
- Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in the Czech Republic
- Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in the Czech Republic
Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in the Czech Republic (CIF) - 2023
The average import price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) stood at $5,334 per ton in November 2023, surging by 25% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +2.7%. The pace of growth was the most pronounced in July 2023 an increase of 29% m-o-m. As a result, import price reached the peak level of $6,089 per ton. From August 2023 to November 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Italy ($22,596 per ton), while the price for Poland ($3,103 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Spain (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in the Czech Republic (FOB) - 2023
The average export price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) stood at $7,537 per ton in November 2023, with an increase of 20% against the previous month. In general, export price indicated a slight expansion from November 2022 to November 2023: its price increased at an average monthly rate of +1.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) decreased by -14.0% against September 2023 indices. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 66% m-o-m. As a result, the export price reached the peak level of $10,053 per ton. From June 2023 to November 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was Slovakia ($13,139 per ton), while the average price for exports to the UK ($5,513 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+3.0%), 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 the Czech Republic
In 2022, the amount of furniture; of cane, osier, or similar materials (other than bamboo or rattan) imported into the Czech Republic skyrocketed to 3.2K tons, picking up by 61% against 2021. Overall, imports saw a resilient increase. 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) soared to $14M in 2022. Over the period under review, imports recorded significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 53%. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 1.8 | 1.9 | 4.1 | 4.8 | 38.7% |
| Italy | 0.6 | 0.9 | 1.0 | 3.4 | 78.3% |
| Germany | 0.7 | 1.2 | 1.6 | 1.3 | 22.9% |
| Netherlands | 0.2 | 0.2 | 0.5 | 1.0 | 71.0% |
| Hungary | N/A | 0.7 | 0.6 | 0.6 | -7.4% |
| Vietnam | 0.1 | N/A | 0.1 | 0.3 | 44.2% |
| China | 1.5 | 0.3 | 0.7 | 0.3 | -41.5% |
| Others | 2.0 | 1.0 | 0.9 | 1.8 | -3.5% |
| Total | 6.9 | 6.2 | 9.5 | 13.6 | 25.4% |
Top Suppliers of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) to the Czech Republic in 2022:
- Poland (2330.7 tons)
- Netherlands (190.1 tons)
- Germany (160.2 tons)
- Italy (154.6 tons)
- Vietnam (83.6 tons)
- Hungary (80.6 tons)
- China (66.0 tons)
Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in the Czech Republic
In 2022, overseas shipments of furniture; of cane, osier, or similar materials (other than bamboo or rattan) were finally on the rise to reach 1.5K tons after two years of decline. Overall, exports, however, showed a relatively flat trend pattern.
In value terms, exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) soared to $9.2M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +6.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2,818 | 2,089 | 2,549 | 5,794 | 27.2% |
| Slovakia | 750 | 1,729 | 1,189 | 1,238 | 18.2% |
| Hungary | 488 | 569 | 662 | 545 | 3.8% |
| Netherlands | 119 | 100 | 56.7 | 231 | 24.7% |
| France | 1,139 | 255 | 329 | 227 | -41.6% |
| Austria | 393 | 350 | 428 | 110 | -34.6% |
| Russia | 470 | 366 | 201 | 86.1 | -43.2% |
| Others | 1,475 | 1,135 | 909 | 932 | -14.2% |
| Total | 7,652 | 6,593 | 6,324 | 9,163 | 6.2% |
Top Export Markets for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) from the Czech Republic in 2022:
- Germany (1131.4 tons)
- Slovakia (129.7 tons)
- Hungary (94.6 tons)
- Netherlands (50.2 tons)
- France (23.8 tons)
- Austria (20.4 tons)
- Russia (9.2 tons)
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