Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Germany - 2023

Contents:

  1. Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Germany (CIF) - 2023
  2. Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Germany (FOB) - 2023
  3. Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Germany
  4. Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Germany

Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Germany (CIF) - 2023

In November 2023, the average import price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) amounted to $5,059 per ton, dropping by -23% against the previous month. Over the period under review, the import price continues to indicate a mild setback. The pace of growth appeared the most rapid in September 2023 an increase of 32% m-o-m. The import price peaked at $7,827 per ton in April 2023; however, from May 2023 to November 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($16,332 per ton), while the price for China ($3,572 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 Turkey (+11.5%), 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 Germany (FOB) - 2023

The average export price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) stood at $147K per ton in November 2023, surging by 536% against the previous month. In general, the export price enjoyed a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was China ($1.1M per ton), while the average price for exports to Mexico ($4,598 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 China (+8.1%), 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 Germany

For the third consecutive year, Germany recorded decline in overseas purchases of furniture; of cane, osier, or similar materials (other than bamboo or rattan), which decreased by -8.6% to 12K tons in 2022. Overall, imports saw a abrupt descent. The smallest decline of -1.5% was in 2021.

In value terms, imports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) reduced to $77M in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 9.3%. As a result, imports reached the peak of $78M, leveling off in the following year.

Import of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China21.415.617.917.0-7.4%
Poland4.47.58.611.738.5%
Italy7.79.68.38.63.8%
Netherlands6.78.09.25.7-5.2%
Switzerland3.63.44.64.68.5%
France1.72.32.64.437.3%
Turkey2.82.42.93.68.7%
Denmark3.35.25.63.0-3.1%
Lithuania1.60.81.32.820.5%
Vietnam2.31.01.31.9-6.2%
Austria5.24.51.51.7-31.1%
Romania0.80.51.21.420.5%
India1.00.30.80.9-3.5%
Others10.810.212.310.1-2.2%
Total73.471.478.177.41.8%

Top Suppliers of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) to Germany in 2022:

  1. China (4000.8 tons)
  2. Turkey (1854.8 tons)
  3. Poland (1723.0 tons)
  4. Netherlands (816.5 tons)
  5. Italy (569.9 tons)
  6. Lithuania (452.4 tons)
  7. Vietnam (336.6 tons)
  8. Denmark (323.6 tons)
  9. Switzerland (277.4 tons)
  10. India (268.0 tons)
  11. Romania (254.7 tons)
  12. France (227.5 tons)
  13. Austria (198.8 tons)

Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Germany

Exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) from Germany rose to 6.1K tons in 2022, with an increase of 4.8% compared with the previous year. The total export volume increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 13%. Over the period under review, the exports of reached the peak figure 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) fell to $73M in 2022. The total export value increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 22%. As a result, the exports attained the peak of $77M, and then contracted in the following year.

Export of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland16.216.418.616.50.6%
China1.72.66.413.197.5%
France10.39.29.410.81.6%
Netherlands4.44.75.95.47.1%
Austria7.96.55.64.8-15.3%
United Kingdom5.32.62.62.6-21.1%
United States1.82.43.02.38.5%
Italy2.01.82.52.23.2%
Poland1.00.91.31.514.5%
Belgium1.81.21.51.4-8.0%
Russia2.92.42.41.1-27.6%
Spain1.51.21.41.0-12.6%
Czech Republic0.70.60.70.70.0%
Others10.310.515.69.6-2.3%
Total67.763.076.972.92.5%

Top Export Markets for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) from Germany in 2022:

  1. Switzerland (1198.5 tons)
  2. China (942.4 tons)
  3. Netherlands (796.2 tons)
  4. France (540.6 tons)
  5. Austria (516.8 tons)
  6. Poland (267.1 tons)
  7. United Kingdom (199.4 tons)
  8. Belgium (195.9 tons)
  9. Italy (178.5 tons)
  10. United States (100.8 tons)
  11. Czech Republic (90.7 tons)
  12. Spain (75.3 tons)
  13. Russia (54.9 tons)

Source: IndexBox Market Intelligence Platform

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