Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Finland - 2023
Contents:
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Finland (CIF) - 2023
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Finland (FOB) - 2023
- Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Finland
- Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Finland
Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Finland (CIF) - 2023
In November 2023, the average import price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) amounted to $21,407 per ton, growing by 130% against the previous month. In general, the import price recorded a resilient increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the Philippines ($44,785 per ton), while the price for the UK ($4,473 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Poland (+7.5%), 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 Finland (FOB) - 2023
The average export price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) stood at $23,137 per ton in November 2023, growing by 16% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +3.3%. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 35% month-to-month. Over the period under review, the average export prices attained the maximum at $24,613 per ton in September 2023; however, from October 2023 to November 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was the UK ($60,739 per ton), while the average price for exports to Switzerland ($19,366 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+13.3%), 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 Finland
Imports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) into Finland soared to 1.2K tons in 2022, growing by 50% on 2021 figures. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +15.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.1% against 2019 indices. 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) skyrocketed to $11M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +24.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +93.6% against 2019 indices. As a result, imports reached 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 Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 1,649 | 1,705 | 2,068 | 3,676 | 30.6% |
| Estonia | 804 | 2,039 | 1,578 | 1,621 | 26.3% |
| Sweden | 503 | 811 | 624 | 1,435 | 41.8% |
| Italy | 463 | 1,871 | 576 | 896 | 24.6% |
| Poland | 671 | 566 | 716 | 684 | 0.6% |
| China | 585 | 145 | 293 | 559 | -1.5% |
| Germany | 104 | 199 | 228 | 387 | 55.0% |
| France | 23.8 | 75.1 | 99.7 | 330 | 140.2% |
| Latvia | 268 | 210 | 187 | 181 | -12.3% |
| Vietnam | 111 | 100 | 71.7 | 94.5 | -5.2% |
| Others | 381 | 453 | 799 | 906 | 33.5% |
| Total | 5,561 | 8,174 | 7,241 | 10,768 | 24.6% |
Top Suppliers of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) to Finland in 2022:
- Lithuania (359.1 tons)
- Sweden (196.7 tons)
- Estonia (161.2 tons)
- Poland (117.3 tons)
- China (105.9 tons)
- Italy (71.6 tons)
- Germany (33.8 tons)
- France (29.4 tons)
- Vietnam (24.4 tons)
- Latvia (23.5 tons)
Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Finland
For the fourth year in a row, Finland recorded growth in overseas shipments of furniture; of cane, osier, or similar materials (other than bamboo or rattan), which increased by 21% to 349 tons in 2022. Over the period under review, exports showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 115%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) soared to $6M in 2022. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 132% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Export of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 415 | 612 | 902 | 1,756 | 61.7% |
| Sweden | 464 | 673 | 830 | 1,616 | 51.6% |
| Denmark | 75.7 | 179 | 209 | 870 | 125.7% |
| United States | 43.7 | 48.9 | 1,950 | 626 | 142.9% |
| Switzerland | 79.8 | 64.4 | 291 | 352 | 64.0% |
| Estonia | 39.2 | 69.0 | 46.8 | 100 | 36.6% |
| United Kingdom | 18.0 | 11.7 | 108 | 89.1 | 70.4% |
| Russia | 127 | 38.3 | 11.1 | 78.3 | -14.9% |
| Belgium | 95.8 | 17.3 | 91.4 | 76.2 | -7.3% |
| Others | 294 | 448 | 566 | 485 | 18.2% |
| Total | 1,652 | 2,161 | 5,006 | 6,050 | 54.1% |
Top Export Markets for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) from Finland in 2022:
- Sweden (93.8 tons)
- Norway (89.9 tons)
- Denmark (57.6 tons)
- United States (35.3 tons)
- Switzerland (20.5 tons)
- Estonia (10.5 tons)
- United Kingdom (6.1 tons)
- Russia (5.3 tons)
- Belgium (4.0 tons)
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