Price for Bamboo Used Primarily for Plaiting in Australia - 2023

Contents:

1. Price for Bamboo Used Primarily for Plaiting in Australia (CIF) - 2023
2. Price for Bamboo Used Primarily for Plaiting in Australia (FOB) - 2022
3. Imports of Bamboo Used Primarily for Plaiting in Australia
4. Exports of Bamboo Used Primarily for Plaiting in Australia

Price for Bamboo Used Primarily for Plaiting in Australia (CIF) - 2023

In July 2023, the average import price for bamboo used primarily for plaitings amounted to $964 per ton, waning by -5.3% against the previous month. Overall, the import price showed a pronounced curtailment. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 71% m-o-m. The import price peaked at $1,519 per ton in July 2022; however, from August 2022 to July 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Japan ($12,654 per ton), while the price for China amounted to $955 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Japan (+0.9%).

Price for Bamboo Used Primarily for Plaiting in Australia (FOB) - 2022

The average export price for bamboo used primarily for plaitings stood at $39,446 per ton in 2022, jumping by 957% against the previous year. In general, the export price posted a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($65,137 per ton), while the average price for exports to New Caledonia totaled $4,406 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Caledonia (+41.0%).

Imports of Bamboo Used Primarily for Plaiting in Australia

In 2022, approx. 1.8K tons of bamboo used primarily for plaitings were imported into Australia; with a decrease of -51% on 2021 figures. Over the period under review, imports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 67% against the previous year. As a result, imports reached the peak of 3.6K tons, and then reduced remarkably in the following year.

In value terms, bamboo used primarily for plaiting imports contracted to $2.3M in 2022. The total import value increased at an average annual rate of +5.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 26%. As a result, imports reached the peak of $2.7M, and then shrank in the following year.

Top Suppliers of Bamboo Used Primarily for Plaiting to Australia in 2022:

1. China (1773.4 tons)

Exports of Bamboo Used Primarily for Plaiting in Australia

Bamboo used primarily for plaiting exports from Australia skyrocketed to 1.1 tons in 2022, growing by 34% on the previous year. Overall, exports, however, faced a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 45%.

In value terms, bamboo used primarily for plaiting exports skyrocketed to $43K in 2022. In general, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Bamboo Used Primarily for Plaiting from Australia in 2022:

1. Hong Kong SAR (607.0 kg)
2. New Caledonia (475.0 kg)

Source: IndexBox Market Intelligence Platform