Price for Bamboo Used Primarily for Plaiting in Indonesia - 2022

Contents:

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

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

In 2022, the average export price for bamboo used primarily for plaitings amounted to $884 per ton, approximately reflecting the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The growth pace was the most rapid in 2020 when the average export price increased by 15%. The export price peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($2,703 per ton), while the average price for exports to Saudi Arabia ($252 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 the United Arab Emirates (+21.2%), while the prices for the other major destinations experienced a decline.

Price for Bamboo Used Primarily for Plaiting in Indonesia (CIF) - 2022

The average import price for bamboo used primarily for plaitings stood at $2,909 per ton in 2022, jumping by 29% against the previous year. In general, the import price showed a buoyant expansion. The pace of growth was the most pronounced in 2017 when the average import price increased by 43%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

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 Taiwan (Chinese) ($3,555 per ton), while the price for China stood at $1,359 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+13.7%).

Exports of Bamboo Used Primarily for Plaiting in Indonesia

In 2022, overseas shipments of bamboo used primarily for plaitings decreased by -33.2% to 1.7K tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 49% against the previous year. As a result, the exports attained the peak of 3.1K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, bamboo used primarily for plaiting exports declined remarkably to $1.5M in 2022. Over the period under review, total exports indicated a tangible increase from 2019 to 2022: its value increased at an average annual rate of +2.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -37.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 71% against the previous year. As a result, the exports attained the peak of $2.4M. From 2021 to 2022, the growth of the exports failed to regain momentum.

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

1. Australia (869.2 tons)
2. Saudi Arabia (179.8 tons)
3. United Arab Emirates (98.2 tons)
4. United States (89.7 tons)
5. Maldives (81.6 tons)
6. Taiwan (Chinese) (51.2 tons)
7. Netherlands (48.5 tons)
8. Belgium (43.4 tons)
9. France (42.5 tons)
10. Germany (28.6 tons)

Imports of Bamboo Used Primarily for Plaiting in Indonesia

In 2022, purchases abroad of bamboo used primarily for plaitings was finally on the rise to reach 1.2K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports recorded moderate growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, bamboo used primarily for plaiting imports skyrocketed to $3.6M in 2022. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Taiwan (Chinese) (836.0 tons)
2. China (388.8 tons)

Source: IndexBox Market Intelligence Platform