Price for Bamboo Used Primarily for Plaiting in the Philippines - 2023

Contents:

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

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

The average export price for bamboo used primarily for plaitings stood at $1,873 per ton in 2022, growing by 88% against the previous year. In general, the export price saw a strong increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 263% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($1,873 per ton), while the average price for exports to Qatar totaled $1,873 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+57.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for bamboo used primarily for plaitings stood at $1,423 per ton in 2022, jumping by 18% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 63%. Over the period under review, average import prices reached the peak figure at $2,977 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Myanmar amounted to +30.5% per year.

Exports of Bamboo Used Primarily for Plaiting in the Philippines

After three years of growth, shipments abroad of bamboo used primarily for plaitings decreased by -99% to 635 kg in 2022. In general, exports saw a sharp decrease. The pace of growth was the most pronounced in 2021 when exports increased by 25%. As a result, the exports attained the peak of 61 tons, and then reduced dramatically in the following year.

In value terms, bamboo used primarily for plaiting exports contracted remarkably to $1.2K in 2022. Over the period under review, exports continue to indicate a dramatic slump. The growth pace was the most rapid in 2021 with an increase of 37%. As a result, the exports reached the peak of $61K, and then shrank notably in the following year.

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

1. Qatar (534.0 kg)
2. Japan (101.0 kg)

Imports of Bamboo Used Primarily for Plaiting in the Philippines

Bamboo used primarily for plaiting imports into the Philippines shrank rapidly to 6.3 tons in 2022, waning by -18.3% on 2021 figures. Overall, imports, however, continue to indicate a prominent increase. The pace of growth was the most pronounced in 2021 when imports increased by 122% against the previous year. As a result, imports reached the peak of 7.7 tons, and then declined significantly in the following year.

In value terms, bamboo used primarily for plaiting imports shrank modestly to $8.9K in 2022. In general, imports showed a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 54% against the previous year.

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

1. China (6.3 tons)

Source: IndexBox Market Intelligence Platform