Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Estonia - 2023
Contents:
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Estonia (CIF) - 2022
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Estonia (FOB) - 2022
- Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Estonia
- Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Estonia
Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Estonia (CIF) - 2022
In 2022, the average import price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) amounted to $4,533 per ton, which is down by -7.8% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 45%. The import price peaked at $7,414 per ton in 2017; however, from 2018 to 2022, 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 ($19,399 per ton), while the price for Bulgaria ($1,333 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+3.6%), 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 Estonia (FOB) - 2022
In 2022, the average export price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) amounted to $6,921 per ton, jumping by 48% against the previous year. Over the period under review, the export price, however, showed a noticeable descent. The most prominent rate of growth was recorded in 2013 when the average export price increased by 93% against the previous year. The export price peaked at $24,796 per ton in 2014; however, from 2015 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 Norway ($25,949 per ton), while the average price for exports to Lithuania ($3,701 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 Norway (+16.9%), 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 Estonia
Imports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) into Estonia amounted to 210 tons in 2022, growing by 3.2% compared with 2021. The total import volume increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 7.3% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) reduced slightly to $952K in 2022. The total import value increased at an average annual rate of +4.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. As a result, imports reached the peak of $1M, and then reduced slightly in the following year.
| Import of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 140 | 47.8 | 54.9 | 363 | 37.4% |
| Italy | 136 | 89.7 | 264 | 146 | 2.4% |
| Finland | 48.1 | 50.8 | 51.9 | 89.6 | 23.0% |
| Latvia | 56.9 | 120 | 135 | 84.3 | 14.0% |
| Lithuania | 223 | 322 | 191 | 65.8 | -33.4% |
| Poland | 70.5 | 24.4 | 46.3 | 53.8 | -8.6% |
| Vietnam | 20.2 | 27.2 | 21.7 | 20.3 | 0.2% |
| Bulgaria | 0.4 | N/A | 63.7 | 17.4 | 251.7% |
| Others | 130 | 182 | 172 | 111 | -5.1% |
| Total | 825 | 865 | 1,000 | 952 | 4.9% |
Top Suppliers of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) to Estonia in 2022:
- China (108.5 tons)
- Latvia (23.5 tons)
- Lithuania (20.8 tons)
- Poland (13.7 tons)
- Bulgaria (13.1 tons)
- Finland (9.3 tons)
- Italy (7.5 tons)
- Vietnam (2.8 tons)
Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Estonia
Exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) from Estonia fell remarkably to 132 tons in 2022, with a decrease of -72% against 2021 figures. In general, exports recorded a sharp decrease. The smallest decline of -4.9% was in 2020.
In value terms, exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) declined significantly to $913K in 2022. Over the period under review, exports showed a precipitous contraction. The smallest decline of -0.7% was in 2020.
| Export of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 162 | 123 | 194 | 253 | 16.0% |
| Sweden | 460 | 397 | 252 | 240 | -19.5% |
| Denmark | 6.3 | N/A | 4.3 | 90.3 | 142.9% |
| Bangladesh | N/A | N/A | N/A | 58.7 | 0% |
| India | N/A | N/A | N/A | 41.9 | 0% |
| Latvia | 3.0 | 5.2 | 47.9 | 37.6 | 132.3% |
| Lithuania | 2,976 | 3,673 | 1,274 | 32.3 | -77.9% |
| Spain | 236 | 0.1 | 13.1 | 0.9 | -84.4% |
| Switzerland | 523 | 488 | 145 | N/A | -47.3% |
| Others | 556 | 201 | 271 | 158 | -34.3% |
| Total | 4,923 | 4,887 | 2,201 | 913 | -43.0% |
Top Export Markets for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) from Estonia in 2022:
- Sweden (46.7 tons)
- Finland (38.6 tons)
- Denmark (11.8 tons)
- Latvia (8.8 tons)
- Lithuania (8.7 tons)
- India (4.0 tons)
- Bangladesh (3.7 tons)
- Spain (0.2 tons)
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