Price for Furniture; of Bamboo or Rattan in the United Arab Emirates - 2022

Contents:

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

Price for Furniture; of Bamboo or Rattan in the United Arab Emirates (CIF) - 2022

The average import price for furniture; of bamboo or rattan stood at $5,652 per ton in 2022, remaining relatively unchanged against the previous year. In general, the import price, however, recorded a slight descent. The pace of growth was the most pronounced in 2013 when the average import price increased by 33% against the previous year. As a result, import price attained the peak level of $8,257 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($14,600 per ton), while the price for Thailand ($678 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.0%), while the prices for the other major suppliers experienced a decline.

Price for Furniture; of Bamboo or Rattan in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for furniture; of bamboo or rattan amounted to $1,571 per ton, almost unchanged from the previous year. Overall, the export price recorded a pronounced downturn. The pace of growth appeared the most rapid in 2014 an increase of 60%. As a result, the export price attained the peak level of $3,497 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Namibia ($8,012 per ton), while the average price for exports to Democratic Republic of the Congo ($223 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 Tajikistan (+14.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Furniture; of Bamboo or Rattan in the United Arab Emirates

Furniture; of bamboo or rattan imports into the United Arab Emirates shrank to 8.6 tons in 2022, leveling off at the year before. In general, imports recorded a noticeable contraction.

In value terms, furniture; of bamboo or rattan imports fell slightly to $48K in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 0.9%.

Import of Furniture; of Bamboo or Rattan in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China23.125.127.028.57.3%
Italy6.15.34.63.9-13.9%
Vietnam3.23.02.92.6-6.7%
Turkey1.81.92.02.15.3%
Indonesia2.92.41.91.5-19.7%
Australia1.51.51.51.4-2.3%
South Korea0.80.91.01.214.5%
Malaysia1.00.90.80.7-11.2%
Thailand0.40.40.40.40.0%
Others7.06.76.46.1-4.5%
Total47.748.248.648.40.5%

Top Suppliers of Furniture; of Bamboo or Rattan to the United Arab Emirates in 2022:

  1. China (3977.0 kg)
  2. Australia (772.0 kg)
  3. Vietnam (669.0 kg)
  4. Indonesia (599.0 kg)
  5. Thailand (583.0 kg)
  6. South Korea (460.0 kg)
  7. Malaysia (303.0 kg)
  8. Italy (270.0 kg)
  9. Turkey (259.0 kg)

Exports of Furniture; of Bamboo or Rattan in the United Arab Emirates

In 2022, after three years of growth, there was significant decline in shipments abroad of furniture; of bamboo or rattan, when their volume decreased by -26.9% to 29 tons. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 118% against the previous year. As a result, the exports attained the peak of 39 tons, and then shrank markedly in the following year.

In value terms, furniture; of bamboo or rattan exports declined sharply to $45K in 2022. Overall, exports, however, posted a strong expansion. The growth pace was the most rapid in 2021 when exports increased by 117% against the previous year. As a result, the exports attained the peak of $61K, and then shrank sharply in the following year.

Export of Furniture; of Bamboo or Rattan in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Namibia8.98.719.215.219.5%
Iran4.33.87.55.37.2%
Democratic Republic of the Congo2.01.76.54.329.1%
Kuwait1.81.73.62.714.5%
Kazakhstan0.80.71.51.111.2%
Others14.011.723.116.25.0%
Total31.828.361.444.912.2%

Top Export Markets for Furniture; of Bamboo or Rattan from the United Arab Emirates in 2022:

  1. Democratic Republic of the Congo (19.4 tons)
  2. Namibia (1.9 tons)
  3. Kazakhstan (1.9 tons)
  4. Iran (1.8 tons)
  5. Kuwait (0.5 tons)

Source: IndexBox Market Intelligence Platform

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