Price for Bamboo Used Primarily for Plaiting in China - 2023
Contents:
- Price for Bamboo Used Primarily for Plaiting in China (FOB) - 2023
- Price for Bamboo Used Primarily for Plaiting in China (CIF) - 2022
- Exports of Bamboo Used Primarily for Plaiting in China
- Imports of Bamboo Used Primarily for Plaiting in China
Price for Bamboo Used Primarily for Plaiting in China (FOB) - 2023
In June 2023, the average export price for bamboo used primarily for plaitings amounted to $643 per ton, declining by -4.6% against the previous month. In general, the export price showed a slight slump. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 63% against the previous month. As a result, the export price reached the peak level of $1,138 per ton. From February 2023 to June 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was Portugal ($1,197 per ton), while the average price for exports to South Korea ($536 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Bamboo Used Primarily for Plaiting in China (CIF) - 2022
The average import price for bamboo used primarily for plaitings stood at $129 per ton in 2022, which is down by -88.3% against the previous year. Over the period under review, the import price showed a deep downturn. The growth pace was the most rapid in 2020 when the average import price increased by 112% against the previous year. Over the period under review, average import prices attained the maximum at $1,097 per ton in 2021, and then declined remarkably in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($207 per ton), while the price for Myanmar ($146 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+6.2%), while the prices for the other major suppliers experienced a decline.
Exports of Bamboo Used Primarily for Plaiting in China
In 2022, bamboo used primarily for plaiting exports from China shrank to 103K tons, with a decrease of -10.3% against 2021. Overall, exports continue to indicate a slight descent. The most prominent rate of growth was recorded in 2021 when exports increased by 7.2% against the previous year. As a result, the exports attained the peak of 115K tons, and then dropped in the following year.
In value terms, bamboo used primarily for plaiting exports contracted to $72M in 2022. The total export value increased at an average annual rate of +5.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 18%. As a result, the exports attained the peak of $79M, and then contracted in the following year.
| Export of Bamboo Used Primarily for Plaiting in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 7.9 | 7.1 | 10.5 | 10.7 | 10.6% |
| United States | 7.6 | 10.5 | 10.1 | 10.4 | 11.0% |
| Spain | 4.6 | 4.0 | 4.8 | 6.5 | 12.2% |
| Italy | 2.1 | 3.1 | 3.5 | 5.0 | 33.5% |
| United Kingdom | 3.3 | 4.7 | 5.9 | 3.8 | 4.8% |
| Poland | 2.2 | 5.5 | 2.4 | 3.5 | 16.7% |
| Germany | 1.7 | 2.2 | 2.9 | 3.2 | 23.5% |
| Japan | 4.1 | 3.6 | 3.5 | 3.2 | -7.9% |
| New Zealand | 0.8 | 1.1 | 1.0 | 1.9 | 33.4% |
| South Korea | 1.8 | 1.9 | 2.0 | 1.8 | 0.0% |
| France | 1.5 | 2.1 | 1.9 | 1.7 | 4.3% |
| Canada | 1.4 | 1.5 | 1.2 | 1.6 | 4.6% |
| Australia | 1.4 | 1.6 | 1.8 | 1.6 | 4.6% |
| Others | 20.3 | 17.9 | 27.0 | 17.1 | -5.6% |
| Total | 60.8 | 66.9 | 78.7 | 72.0 | 5.8% |
Top Export Markets for Bamboo Used Primarily for Plaiting from China in 2022:
- United States (12.4K tons)
- Netherlands (12.1K tons)
- Spain (7.9K tons)
- Italy (4.8K tons)
- Japan (4.4K tons)
- Poland (4.3K tons)
- United Kingdom (4.1K tons)
- Germany (3.3K tons)
- South Korea (3.0K tons)
- France (2.0K tons)
- Australia (1.7K tons)
- New Zealand (1.7K tons)
- Canada (1.6K tons)
Imports of Bamboo Used Primarily for Plaiting in China
In 2022, overseas purchases of bamboo used primarily for plaitings were finally on the rise to reach 2.5K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a deep reduction.
In value terms, bamboo used primarily for plaiting imports dropped notably to $319K in 2022. In general, imports, however, faced a sharp reduction. The pace of growth was the most pronounced in 2020 when imports increased by 14% against the previous year. As a result, imports reached the peak of $1.8M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Bamboo Used Primarily for Plaiting in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 805 | 488 | 108 | 90.2 | -51.8% |
| Myanmar | N/A | 1,159 | 616 | 28.1 | -84.4% |
| Japan | 25.7 | 12.3 | 15.3 | 4.5 | -44.1% |
| Taiwan (Chinese) | 579 | N/A | N/A | N/A | 0% |
| Others | 210 | 187 | 243 | 196 | -2.3% |
| Total | 1,619 | 1,846 | 983 | 319 | -41.8% |
Top Suppliers of Bamboo Used Primarily for Plaiting to China in 2022:
- Vietnam (617.9 tons)
- Myanmar (192.5 tons)
- Japan (21.7 tons)
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