Price for Bamboo Used Primarily for Plaiting in Russia - 2022

Contents:

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

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

The average import price for bamboo used primarily for plaitings stood at $1,205 per ton in January 2022, growing by 28% against the previous month. In general, the import price continues to indicate a notable increase. The most prominent rate of growth was recorded in March 2021 when the average import price increased by 189% against the previous month. As a result, import price reached the peak level of $2,308 per ton. From April 2021 to January 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From January 2021 to January 2022, the rate of growth in terms of prices for China amounted to +2.0% per month.

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

The average export price for bamboo used primarily for plaitings stood at $2,325 per ton in 2022, waning by -10.1% against the previous year. In general, the export price recorded a slight contraction. The pace of growth appeared the most rapid in 2014 when the average export price increased by 56% against the previous year. As a result, the export price attained the peak level of $5,877 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Kazakhstan.

From 2012 to 2022, the rate of growth in terms of prices for Mongolia amounted to +8.4% per year.

Imports of Bamboo Used Primarily for Plaiting in Russia

In 2022, approx. 973 tons of bamboo used primarily for plaitings were imported into Russia; shrinking by -3.9% compared with 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 8.5% against the previous year. As a result, imports reached the peak of 1K tons, and then shrank modestly in the following year.

In value terms, bamboo used primarily for plaiting imports reduced markedly to $828K in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +5.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +22.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 46%. As a result, imports attained the peak of $982K, and then declined sharply in the following year.

Import of Bamboo Used Primarily for Plaiting in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6756129688216.7%
Others33.562.614.57.2-40.1%
Total7086759828285.4%

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

  1. China (968.4 tons)

Exports of Bamboo Used Primarily for Plaiting in Russia

Bamboo used primarily for plaiting exports from Russia declined sharply to 2.1 tons in 2022, reducing by -29.6% compared with the year before. Overall, exports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2021 when exports increased by 146% against the previous year.

In value terms, bamboo used primarily for plaiting exports reduced rapidly to $4.9K in 2022. Over the period under review, exports saw a dramatic decline. The pace of growth was the most pronounced in 2021 when exports increased by 278%.

Export of Bamboo Used Primarily for Plaiting in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan8.51.81.24.9-16.8%
Belarus2.80.13.8N/A16.5%
Georgia1.10.21.3N/A8.7%
UkraineN/AN/A1.3N/A0%
OthersN/AN/A0.1N/A0%
Total12.42.07.74.9-26.6%

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

  1. Kazakhstan (2.1 tons)

Source: IndexBox Market Intelligence Platform

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