Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in New Zealand - 2023
Contents:
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in New Zealand (CIF) - 2022
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in New Zealand (FOB) - 2022
- Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in New Zealand
- Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in New Zealand
Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in New Zealand (CIF) - 2022
In 2022, the average import price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) amounted to $6,368 per ton, with an increase of 7.4% against the previous year. In general, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +7.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) increased by +54.4% against 2017 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 61%. The import price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Vietnam ($6,368 per ton) and India ($6,368 per ton), while the price for China ($6,368 per ton) and Australia ($6,368 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.8%), 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 New Zealand (FOB) - 2022
In 2022, the average export price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) amounted to $11,907 per ton, surging by 56% against the previous year. Overall, the export price, however, continues to indicate a mild descent. The most prominent rate of growth was recorded in 2014 an increase of 64%. As a result, the export price attained the peak level of $21,989 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($11,914 per ton) and Cook Islands ($11,908 per ton), while the average price for exports to Samoa ($11,906 per ton) and Australia ($11,906 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cook Islands (+5.6%), 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 New Zealand
In 2022, imports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) into New Zealand rose markedly to 940 tons, with an increase of 13% against 2021. The total import volume increased at an average annual rate of +6.2% over the period 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 2021 with an increase of 20%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) surged to $6M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +17.0% 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 +77.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 46%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.
| Import of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,135 | 1,767 | 2,966 | 3,094 | 13.2% |
| Vietnam | 587 | 410 | 687 | 1,300 | 30.3% |
| Italy | 517 | 722 | 616 | 685 | 9.8% |
| Australia | 93.4 | 94.7 | 73.1 | 172 | 22.6% |
| Indonesia | 80.7 | 57.2 | 41.5 | 135 | 18.7% |
| India | 98.6 | 49.3 | 95.6 | 121 | 7.1% |
| Others | 223 | 282 | 463 | 483 | 29.4% |
| Total | 3,735 | 3,382 | 4,942 | 5,988 | 17.0% |
Top Suppliers of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) to New Zealand in 2022:
- China (485.9 tons)
- Vietnam (204.1 tons)
- Italy (107.6 tons)
- Australia (26.9 tons)
- Indonesia (21.2 tons)
- India (18.9 tons)
Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in New Zealand
In 2022, the amount of furniture; of cane, osier, or similar materials (other than bamboo or rattan) exported from New Zealand fell sharply to 43 tons, with a decrease of -15.4% compared with 2021 figures. In general, exports, however, saw a buoyant increase. The growth pace was the most rapid in 2021 with an increase of 106%. As a result, the exports attained the peak of 51 tons, and then contracted remarkably in the following year.
In value terms, exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) soared to $512K in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +10.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +87.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 41%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the near future.
| Export of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Fiji | 17.8 | 14.3 | 6.8 | 148 | 102.6% |
| India | N/A | N/A | 140 | 121 | -13.6% |
| Australia | 105 | 70.9 | 63.8 | 104 | -0.3% |
| Egypt | N/A | N/A | N/A | 47.1 | 0% |
| Samoa | 10.9 | 9.6 | 9.7 | 31.5 | 42.4% |
| Cook Islands | 38.5 | 21.3 | 40.7 | 27.2 | -10.9% |
| United States | 3.9 | 2.1 | 46.1 | 10.4 | 38.7% |
| United Kingdom | 130 | N/A | N/A | 0.2 | -88.5% |
| Denmark | 26.9 | 127 | 23.7 | N/A | -6.1% |
| Singapore | 18.7 | N/A | 8.1 | N/A | -34.2% |
| Others | 24.5 | 28.9 | 48.3 | 22.0 | -3.5% |
| Total | 376 | 274 | 387 | 512 | 10.8% |
Top Export Markets for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) from New Zealand in 2022:
- Fiji (12.5 tons)
- India (10.2 tons)
- Australia (8.7 tons)
- Egypt (4.0 tons)
- Samoa (2.6 tons)
- Cook Islands (2.3 tons)
- United States (0.9 tons)
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