Price for Furniture; of Bamboo or Rattan in Egypt - 2021
Contents:
- Price for Furniture; of Bamboo or Rattan in Egypt (CIF) - 2022
- Price for Furniture; of Bamboo or Rattan in Egypt (FOB) - 2022
- Imports of Furniture; of Bamboo or Rattan in Egypt
- Exports of Furniture; of Bamboo or Rattan in Egypt
Price for Furniture; of Bamboo or Rattan in Egypt (CIF) - 2022
In 2022, the average import price for furniture; of bamboo or rattan amounted to $3,188 per ton, dropping by -10.4% against the previous year. Overall, the import price saw a noticeable curtailment. The most prominent rate of growth was recorded in 2018 an increase of 40% against the previous year. As a result, import price attained the peak level of $9,584 per ton. From 2019 to 2022, the average import prices remained 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 Spain ($5,499 per ton), while the price for Vietnam ($1,026 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+29.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Furniture; of Bamboo or Rattan in Egypt (FOB) - 2022
In 2022, the average export price for furniture; of bamboo or rattan amounted to $3,230 per ton, reducing by -7% against the previous year. Over the period under review, the export price saw a noticeable setback. The pace of growth was the most pronounced in 2021 when the average export price increased by 32%. Over the period under review, the average export prices attained the maximum at $4,089 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
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 Belgium ($8,406 per ton), while the average price for exports to Algeria ($394 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Furniture; of Bamboo or Rattan in Egypt
In 2022, purchases abroad of furniture; of bamboo or rattan was finally on the rise to reach 3.9 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a abrupt contraction.
In value terms, furniture; of bamboo or rattan imports surged to $13K in 2022. In general, imports, however, continue to indicate a significant curtailment.
| Import of Furniture; of Bamboo or Rattan in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 17.5 | 9.0 | 2.2 | 5.7 | -31.2% |
| China | 10.9 | 5.5 | 1.3 | 3.3 | -32.9% |
| Germany | 9.8 | 5.0 | 1.2 | 3.2 | -31.1% |
| Others | 2.4 | 0.7 | 0.2 | 0.3 | -50.0% |
| Total | 40.5 | 20.1 | 5.0 | 12.6 | -32.2% |
Top Suppliers of Furniture; of Bamboo or Rattan to Egypt in 2022:
- China (1567.0 kg)
- Germany (1183.0 kg)
- Spain (1043.0 kg)
Exports of Furniture; of Bamboo or Rattan in Egypt
In 2022, exports of furniture; of bamboo or rattan from Egypt reduced dramatically to 2 tons, with a decrease of -17% on the previous year's figure. Over the period under review, exports, however, recorded a strong expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 171% against the previous year. As a result, the exports attained the peak of 2.4 tons, and then declined dramatically in the following year.
In value terms, furniture; of bamboo or rattan exports shrank notably to $6.5K in 2022. Overall, exports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 258%. As a result, the exports attained the peak of $8.4K, and then fell significantly in the following year.
| Export of Furniture; of Bamboo or Rattan in Egypt (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | N/A | N/A | 4,540 | 3,678 | -19.0% |
| Belgium | 992 | 420 | 784 | 580 | -16.4% |
| United States | 773 | 303 | 524 | 359 | -22.6% |
| United Arab Emirates | 442 | 181 | 326 | 233 | -19.2% |
| Sudan | 222 | 102 | 207 | 167 | -9.1% |
| Algeria | 105 | 44.0 | 83.0 | 61.0 | -16.6% |
| Lebanon | 190 | 65.0 | 98.0 | 59.0 | -32.3% |
| Others | 2,120 | 1,234 | 1,855 | 1,356 | -13.8% |
| Total | 4,844 | 2,349 | 8,417 | 6,493 | 10.3% |
Top Export Markets for Furniture; of Bamboo or Rattan from Egypt in 2022:
- United States (804.0 kg)
- Qatar (736.0 kg)
- Algeria (155.0 kg)
- Lebanon (84.0 kg)
- Belgium (69.0 kg)
- United Arab Emirates (62.0 kg)
- Sudan (40.0 kg)
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