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

Contents:

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

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

The average import price for furniture; of bamboo or rattan stood at $3,183 per ton in 2022, with an increase of 2.2% against the previous year. Over the period under review, the import price, however, recorded a deep setback. The most prominent rate of growth was recorded in 2013 an increase of 13% against the previous year. As a result, import price reached the peak level of $6,223 per ton. From 2014 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 Indonesia ($4,112 per ton), while the price for Spain ($1,733 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (-2.6%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for furniture; of bamboo or rattan amounted to $705 per ton, waning by -11.7% against the previous year. Over the period under review, the export price faced a deep setback. The pace of growth appeared the most rapid in 2015 when the average export price increased by 35%. As a result, the export price attained the peak level of $7,654 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($1,413 per ton), while the average price for exports to Democratic Republic of the Congo ($98 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 Germany (-0.9%), while the prices for the other major destinations experienced a decline.

Imports of Furniture; of Bamboo or Rattan in Norway

After three years of growth, purchases abroad of furniture; of bamboo or rattan decreased by -3.8% to 2.4 tons in 2022. The total import volume increased at an average annual rate of +4.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 8.4% against the previous year. As a result, imports attained the peak of 2.5 tons, and then fell slightly in the following year.

In value terms, furniture; of bamboo or rattan imports reduced slightly to $7.8K in 2022. The total import value increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 3.5%.

Import of Furniture; of Bamboo or Rattan in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.16.46.76.73.2%
Indonesia0.70.60.60.6-5.0%
Spain0.20.10.10.1-20.6%
Others0.50.50.50.4-7.2%
Total7.47.67.97.81.8%

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

  1. China (2208.0 kg)
  2. Indonesia (134.0 kg)
  3. Spain (45.0 kg)

Exports of Furniture; of Bamboo or Rattan in Norway

In 2022, approx. 1.3 tons of furniture; of bamboo or rattan were exported from Norway; falling by -38.3% against the previous year's figure. In general, exports, however, showed strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,829% against the previous year. As a result, the exports attained the peak of 2.1 tons, and then contracted rapidly in the following year.

In value terms, furniture; of bamboo or rattan exports declined remarkably to $898 in 2022. Over the period under review, exports recorded a abrupt setback. The pace of growth appeared the most rapid in 2021 when exports increased by 1,021%. As a result, the exports reached the peak of $1.6K, and then contracted markedly in the following year.

Export of Furniture; of Bamboo or Rattan in Norway (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden56876.0853482-5.3%
Spain33442.0433228-11.9%
Democratic Republic of the Congo5.01.010257.0125.1%
Netherlands26.04.046.029.03.7%
France42.05.047.023.0-18.2%
Others16119.016779.0-21.1%
Total1,1361471,648898-7.5%

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

  1. Democratic Republic of the Congo (581.0 kg)
  2. Sweden (341.0 kg)
  3. Spain (265.0 kg)
  4. France (46.0 kg)
  5. Netherlands (36.0 kg)

Source: IndexBox Market Intelligence Platform

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