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

Contents:

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

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

In 2022, the average import price for furniture; of bamboo or rattan amounted to $2,061 per ton, increasing by 5.7% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 49% against the previous year. As a result, import price attained the peak level of $2,731 per ton. From 2019 to 2022, the average 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 Italy ($22,851 per ton), while the price for China ($959 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+24.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for furniture; of bamboo or rattan stood at $9,407 per ton in 2022, growing by 9.6% against the previous year. Overall, the export price recorded buoyant growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 83% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($25,200 per ton), while the average price for exports to France stood at $118 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Senegal (+22.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Furniture; of Bamboo or Rattan in Cameroon

After three years of growth, supplies from abroad of furniture; of bamboo or rattan decreased by -4.3% to 2.2 tons in 2022. The total import volume increased at an average annual rate of +4.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 9.4%. As a result, imports attained the peak of 2.2 tons, and then declined in the following year.

In value terms, furniture; of bamboo or rattan imports totaled $4.4K in 2022. Overall, imports saw a slight decrease.

Import of Furniture; of Bamboo or Rattan in Cameroon (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1,6701,6631,6511,6910.4%
China1,8441,7581,6711,639-3.9%
Belgium5896326767478.2%
France426390355333-7.9%
United States57.042.032.025.0-24.0%
OthersN/AN/AN/AN/A0%
Total4,5864,4854,3854,435-1.1%

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

  1. China (1709.0 kg)
  2. Belgium (264.0 kg)
  3. France (84.0 kg)
  4. Italy (74.0 kg)
  5. United States (21.0 kg)

Exports of Furniture; of Bamboo or Rattan in Cameroon

In 2022, overseas shipments of furniture; of bamboo or rattan decreased by -12.9% to 27 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports saw a drastic downturn. The smallest decline of -6.1% was in 2020.

In value terms, furniture; of bamboo or rattan exports shrank to $254 in 2022. The total export value increased at an average annual rate of +4.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 9.9% against the previous year. As a result, the exports reached the peak of $266, and then declined modestly in the following year.

Export of Furniture; of Bamboo or Rattan in Cameroon (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada2182392642524.9%
France3.03.02.02.0-12.6%
OthersN/AN/AN/AN/A0%
Total2212422662544.7%

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

  1. France (17.0 kg)
  2. Canada (10.0 kg)

Source: IndexBox Market Intelligence Platform

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