Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Peru - 2022

Contents:

  1. Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Peru (CIF) - 2022
  2. Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Peru (FOB) - 2022
  3. Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Peru
  4. Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Peru

Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Peru (CIF) - 2022

The average import price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) stood at $2,823 per ton in 2022, surging by 2.1% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 34% against the previous year. Over the period under review, average import prices hit record highs at $3,483 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -0.2% per year.

Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Peru (FOB) - 2022

The average export price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) stood at $3,234 per ton in 2022, which is down by -27.6% against the previous year. Over the period under review, the export price saw a deep contraction. The most prominent rate of growth was recorded in 2019 an increase of 51% against the previous year. The export price peaked at $11,514 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($13,015 per ton), while the average price for exports to Ecuador ($2,444 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 the United States (+3.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the amount of furniture; of cane, osier, or similar materials (other than bamboo or rattan) imported into Peru declined dramatically to 831 tons, which is down by -35.3% on the year before. Over the period under review, imports showed a precipitous contraction. The smallest decline of -8.3% was in 2021.

In value terms, imports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) reduced dramatically to $2.3M in 2022. In general, imports continue to indicate a sharp decline. The pace of growth was the most pronounced in 2021 with an increase of 23% against the previous year.

Import of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Peru (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.82.13.01.8-13.7%
Spain0.70.1N/A0.1-47.7%
Others1.90.80.60.5-35.9%
Total5.32.93.62.3-24.3%

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

  1. China (779.3 tons)
  2. Spain (1.9 tons)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of furniture; of cane, osier, or similar materials (other than bamboo or rattan), when their volume decreased by -61.8% to 32 tons. Over the period under review, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 95%. As a result, the exports reached the peak of 85 tons, and then declined significantly in the following year.

In value terms, exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) fell sharply to $105K in 2022. In general, exports saw a precipitous slump. The pace of growth was the most pronounced in 2021 when exports increased by 21%. As a result, the exports reached the peak of $380K, and then dropped rapidly in the following year.

Export of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile9.227.011664.090.9%
Panama92.363.043.719.9-40.0%
Ecuador0.40.219.011.4205.5%
United States1341751567.8-61.2%
Others63.047.844.41.9-68.9%
Total298313380105-29.4%

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

  1. Chile (24.6 tons)
  2. Ecuador (4.7 tons)
  3. Panama (2.3 tons)
  4. United States (0.6 tons)

Source: IndexBox Market Intelligence Platform

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