Price for Bamboo Used Primarily for Plaiting in Sri Lanka - 2021

Contents:

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

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

The average import price for bamboo used primarily for plaitings stood at $811 per ton in 2022, shrinking by -17.2% against the previous year. In general, the import price showed a abrupt contraction. The growth pace was the most rapid in 2018 an increase of 38%. Over the period under review, average import prices hit record highs at $1,394 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 India ($1,152 per ton), while the price for Hong Kong SAR ($640 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.9%), while the prices for the other major suppliers experienced a decline.

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

The average export price for bamboo used primarily for plaitings stood at $541 per ton in 2022, dropping by -72.1% against the previous year. In general, the export price showed a abrupt setback. The growth pace was the most rapid in 2021 an increase of 100% against the previous year. As a result, the export price attained the peak level of $1,936 per ton, and then dropped dramatically in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +10.0% per year.

Imports of Bamboo Used Primarily for Plaiting in Sri Lanka

After three years of growth, overseas purchases of bamboo used primarily for plaitings decreased by -52% to 253 tons in 2022. Overall, imports, however, posted prominent growth. The most prominent rate of growth was recorded in 2020 when imports increased by 119% against the previous year.

In value terms, bamboo used primarily for plaiting imports contracted significantly to $205K in 2022. In general, imports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 79%.

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

1. China (184.8 tons)
2. India (48.1 tons)
3. Hong Kong SAR (19.9 tons)

Exports of Bamboo Used Primarily for Plaiting in Sri Lanka

In 2022, approx. 548 kg of bamboo used primarily for plaitings were exported from Sri Lanka; reducing by -98.5% against 2021. In general, exports continue to indicate a sharp downturn. The pace of growth was the most pronounced in 2021 with an increase of 2,028%. As a result, the exports reached the peak of 36 tons, and then contracted dramatically in the following year.

In value terms, bamboo used primarily for plaiting exports contracted remarkably to $296 in 2022. Overall, exports recorded a dramatic decline. The pace of growth appeared the most rapid in 2021 with an increase of 4,150%. As a result, the exports reached the peak of $70K, and then dropped markedly in the following year.

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

1. Maldives (548.0 kg)

Source: IndexBox Market Intelligence Platform