Price for Rattans Used Primarily for Plaiting in Estonia - 2022

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

In 2022, the average import price for rattans used primarily for plaitings amounted to $18,189 per ton, falling by -33.5% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by 2.9%. Over the period under review, average import prices attained the peak figure at $43,000 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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 Vietnam ($67,000 per ton), while the price for China totaled $18,093 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+28.3%).

Imports of Rattans Used Primarily for Plaiting in Estonia

In 2022, imports of rattans used primarily for plaitings into Estonia skyrocketed to 509 kg, increasing by 103% compared with 2021 figures. Overall, imports recorded significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 12,450%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, rattans used primarily for plaiting imports soared to $9.3K in 2022. Over the period under review, imports posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 7,883%. Imports peaked in 2022 and are expected to retain growth in the immediate term.