Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Ethiopia - 2022
Contents:
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Ethiopia (CIF) - 2022
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Ethiopia (FOB) - 2022
- Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Ethiopia
- Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Ethiopia
Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Ethiopia (CIF) - 2022
In 2022, the average import price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) amounted to $2,847 per ton, falling by -16.6% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 27%. Over the period under review, average import prices attained the maximum at $3,509 per ton in 2013; however, from 2014 to 2022, 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 Poland ($8,442 per ton), while the price for China ($1,311 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Ethiopia (FOB) - 2022
The average export price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) stood at $3,107 per ton in 2022, reducing by -14.5% against the previous year. Overall, the export price recorded a deep reduction. The pace of growth was the most pronounced in 2019 an increase of 14% against the previous year. The export price peaked at $7,461 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($16,656 per ton), while the average price for exports to Mali ($490 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 Kenya (+4.5%), while the prices for the other major destinations experienced a decline.
Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Ethiopia
In 2022, imports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) into Ethiopia surged to 2.5K tons, with an increase of 121% against the year before. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) soared to $7.2M in 2022. Overall, imports posted a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 271 | 28.3 | 503 | 3,118 | 125.8% |
| China | 1,890 | 1,862 | 1,100 | 2,187 | 5.0% |
| Poland | 10.2 | 32.8 | 512 | 908 | 346.5% |
| Netherlands | 30.0 | 2.5 | 0.6 | 130 | 63.0% |
| United States | 464 | 573 | 639 | 117 | -36.8% |
| Others | 1,730 | 1,381 | 1,179 | 778 | -23.4% |
| Total | 4,396 | 3,880 | 3,933 | 7,237 | 18.1% |
Top Suppliers of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) to Ethiopia in 2022:
- China (1668.5 tons)
- Italy (511.1 tons)
- Poland (107.6 tons)
- Netherlands (62.9 tons)
- United States (13.1 tons)
Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Ethiopia
In 2022, after two years of decline, there was significant growth in overseas shipments of furniture; of cane, osier, or similar materials (other than bamboo or rattan), when their volume increased by 29% to 75 tons. Over the period under review, exports, however, continue to indicate a abrupt setback.
In value terms, exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) expanded sharply to $233K in 2022. Overall, exports, however, showed a dramatic decline.
| Export of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 115 | 38.6 | 14.8 | 68.6 | -15.8% |
| El Salvador | N/A | N/A | N/A | 29.1 | 0% |
| Kenya | 20.7 | 9.1 | 1.9 | 23.7 | 4.6% |
| Switzerland | 2.9 | 5.1 | 5.3 | 18.1 | 84.1% |
| Netherlands | 4.3 | 1.8 | 0.3 | 11.8 | 40.0% |
| Tanzania | 0.7 | 5.9 | 4.3 | 10.5 | 146.6% |
| Italy | 14.8 | 1.3 | 1.2 | 9.8 | -12.8% |
| United States | 20.6 | 52.1 | 6.3 | 9.6 | -22.5% |
| South Africa | 15.0 | 0.6 | 1.6 | 4.9 | -31.1% |
| Myanmar | 1.4 | 0.8 | 1.4 | 3.8 | 39.5% |
| Egypt | 3.2 | 0.4 | 0.6 | 1.6 | -20.6% |
| Romania | N/A | N/A | N/A | 1.4 | 0% |
| Mali | 1.4 | 1.0 | 0.7 | 1.3 | -2.4% |
| Others | 293 | 235 | 173 | 38.8 | -49.0% |
| Total | 493 | 352 | 211 | 233 | -22.1% |
Top Export Markets for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) from Ethiopia in 2022:
- Belgium (14.2 tons)
- Netherlands (14.1 tons)
- Tanzania (11.8 tons)
- Switzerland (8.0 tons)
- Kenya (4.1 tons)
- Mali (2.7 tons)
- United States (2.2 tons)
- El Salvador (1.7 tons)
- Romania (1.6 tons)
- Myanmar (1.5 tons)
- South Africa (1.5 tons)
- Egypt (1.3 tons)
- Italy (1.2 tons)
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