Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Costa Rica - 2022
Contents:
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Costa Rica (CIF) - 2022
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Costa Rica (FOB) - 2022
- Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Costa Rica
- Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Costa Rica
Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Costa Rica (CIF) - 2022
The average import price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) stood at $3,376 per ton in 2022, reducing by -6% against the previous year. In general, the import price saw a mild slump. The growth pace was the most rapid in 2016 an increase of 403% against the previous year. As a result, import price reached the peak level of $19,351 per ton. From 2017 to 2022, the average import prices remained at a 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 Malaysia ($22,756 per ton), while the price for the Netherlands ($797 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+44.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Costa Rica (FOB) - 2022
In 2022, the average export price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) amounted to $5,121 per ton, with an increase of 2.7% against the previous year. Over the period under review, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) increased by +27.1% against 2020 indices. The pace of growth appeared the most rapid in 2013 an increase of 52%. Over the period under review, the average export prices attained the peak figure at $8,489 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Dominican Republic ($9,082 per ton), while the average price for exports to China ($2,500 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 Dominican Republic (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Costa Rica
In 2022, after three years of growth, there was significant decline in supplies from abroad of furniture; of cane, osier, or similar materials (other than bamboo or rattan), when their volume decreased by -13.8% to 465 tons. The total import volume increased at an average annual rate of +5.3% 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 when imports increased by 24% against the previous year.
In value terms, imports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) fell notably to $1.6M in 2022. In general, imports showed a deep contraction. The pace of growth was the most pronounced in 2020 when imports increased by 6.1% against the previous year. As a result, imports attained the peak of $2M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 460 | 417 | 489 | 691 | 14.5% |
| United States | 664 | 952 | 671 | 336 | -20.3% |
| Brazil | 118 | 197 | 233 | 226 | 24.2% |
| Colombia | 19.2 | 37.3 | 36.5 | 58.5 | 45.0% |
| Malaysia | 44.2 | 61.4 | 135 | 53.2 | 6.4% |
| Netherlands | 1.7 | 0.9 | 0.1 | 11.1 | 86.9% |
| Others | 623 | 384 | 371 | 192 | -32.5% |
| Total | 1,931 | 2,049 | 1,936 | 1,568 | -6.7% |
Top Suppliers of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) to Costa Rica in 2022:
- China (209.7 tons)
- Brazil (105.0 tons)
- United States (92.2 tons)
- Colombia (14.4 tons)
- Netherlands (13.9 tons)
- Malaysia (2.3 tons)
Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Costa Rica
Exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) from Costa Rica soared to 107 tons in 2022, with an increase of 198% compared with 2021 figures. In general, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) skyrocketed to $549K in 2022. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 12.3 | 6.4 | 81.2 | 335 | 200.9% |
| El Salvador | 12.6 | 9.1 | 13.5 | 103 | 101.4% |
| Panama | 12.1 | 7.7 | 22.7 | 46.7 | 56.9% |
| United States | 2.8 | 11.0 | 6.0 | 28.6 | 117.0% |
| Jamaica | 5.3 | 1.3 | 0.2 | 13.9 | 37.9% |
| Honduras | 7.9 | 8.9 | 13.6 | 12.4 | 16.2% |
| Nicaragua | 8.8 | 4.5 | 8.5 | 5.5 | -14.5% |
| Singapore | N/A | N/A | 8.0 | 1.4 | -82.5% |
| Peru | 7.8 | 2.3 | 0.1 | N/A | -88.7% |
| France | 4.2 | 2.9 | 3.7 | N/A | -6.1% |
| Others | 15.3 | 10.5 | 21.6 | 3.0 | -41.9% |
| Total | 89.1 | 64.6 | 179 | 549 | 83.3% |
Top Export Markets for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) from Costa Rica in 2022:
- Guatemala (56.3 tons)
- El Salvador (33.5 tons)
- Panama (6.8 tons)
- United States (3.4 tons)
- Jamaica (2.4 tons)
- Honduras (1.7 tons)
- Nicaragua (1.6 tons)
- Singapore (0.1 tons)
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