Price for Furniture; of Bamboo or Rattan in Bahrain - 2022

Contents:

  1. Price for Furniture; of Bamboo or Rattan in Bahrain (CIF) - 2022
  2. Price for Furniture; of Bamboo or Rattan in Bahrain (FOB) - 2022
  3. Imports of Furniture; of Bamboo or Rattan in Bahrain
  4. Exports of Furniture; of Bamboo or Rattan in Bahrain

Price for Furniture; of Bamboo or Rattan in Bahrain (CIF) - 2022

In 2022, the average import price for furniture; of bamboo or rattan amounted to $3,974 per ton, remaining constant against the previous year. In general, the import price, however, saw a pronounced shrinkage. The pace of growth appeared the most rapid in 2015 an increase of 44% against the previous year. Over the period under review, average import prices reached the maximum at $6,543 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Indonesia ($6,033 per ton), while the price for Spain ($2,320 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Furniture; of Bamboo or Rattan in Bahrain (FOB) - 2022

In 2022, the average export price for furniture; of bamboo or rattan amounted to $4,335 per ton, surging by 4% against the previous year. Over the period under review, the export price, however, showed a pronounced reduction. The pace of growth was the most pronounced in 2014 when the average export price increased by 42% against the previous year. Over the period under review, the average export prices attained the maximum at $7,163 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +24.4% per year.

Imports of Furniture; of Bamboo or Rattan in Bahrain

After three years of growth, purchases abroad of furniture; of bamboo or rattan decreased by -8.3% to 100 tons in 2022. The total import volume increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 20% against the previous year. As a result, imports reached the peak of 109 tons, and then dropped in the following year.

In value terms, furniture; of bamboo or rattan imports fell to $396K in 2022. The total import value increased at an average annual rate of +9.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year.

Import of Furniture; of Bamboo or Rattan in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China17622327926614.8%
Indonesia47.458.471.265.811.6%
Philippines23.023.022.817.1-9.4%
United Kingdom8.810.412.110.66.4%
Spain21.117.814.99.5-23.4%
Others24.928.231.927.63.5%
Total3013614323969.6%

Top Suppliers of Furniture; of Bamboo or Rattan to Bahrain in 2022:

  1. China (75.7 tons)
  2. Indonesia (10.9 tons)
  3. Spain (4.1 tons)
  4. Philippines (3.6 tons)
  5. United Kingdom (3.3 tons)

Exports of Furniture; of Bamboo or Rattan in Bahrain

After three years of growth, shipments abroad of furniture; of bamboo or rattan decreased by -1.2% to 3 tons in 2022. The total export volume increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 2.5% against the previous year. As a result, the exports attained the peak of 3.1 tons, and then contracted in the following year.

In value terms, furniture; of bamboo or rattan exports expanded slightly to $13K in 2022. In general, exports saw a pronounced shrinkage.

Export of Furniture; of Bamboo or Rattan in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France14.313.612.813.2-2.6%
OthersN/AN/AN/AN/A0%
Total14.313.612.813.2-2.6%

Top Export Markets for Furniture; of Bamboo or Rattan from Bahrain in 2022:

  1. France (3.0 tons)

Source: IndexBox Market Intelligence Platform

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