Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Thailand - 2024
Contents:
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Thailand (CIF) - 2022
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Thailand (FOB) - 2022
- Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Thailand
- Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Thailand
Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Thailand (CIF) - 2022
The average import price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) stood at $19,402 per ton in 2022, growing by 36% against the previous year. Over the period under review, the import price recorded resilient growth. The most prominent rate of growth was recorded in 2020 an increase of 129%. The import price peaked in 2022 and is expected to retain growth in years to come.
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 Spain ($109,135 per ton), while the price for Germany ($3,776 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+34.1%), 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 Thailand (FOB) - 2022
The average export price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) stood at $17,922 per ton in 2022, surging by 8.5% against the previous year. Overall, the export price enjoyed a prominent expansion. The growth pace was the most rapid in 2019 an increase of 153%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
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 Japan ($106,123 per ton), while the average price for exports to the UK ($4,164 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 Japan (+32.0%), 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 Thailand
In 2022, imports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) into Thailand contracted sharply to 571 tons, shrinking by -26.3% compared with the previous year. Overall, imports showed a dramatic slump. The smallest decline of -5.5% was in 2021.
In value terms, imports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) stood at $11M in 2022. In general, imports continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2021 when imports increased by 17% against the previous year.
| Import of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.2 | 5.5 | 6.3 | 7.3 | 0.5% |
| Taiwan (Chinese) | 1.7 | 1.5 | 1.8 | 1.6 | -2.0% |
| Italy | 1.3 | 1.7 | 1.9 | 1.3 | 0.0% |
| Japan | 0.9 | 0.1 | N/A | 0.2 | -39.4% |
| Vietnam | 0.6 | 0.3 | 0.4 | 0.2 | -30.7% |
| France | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Malaysia | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Germany | N/A | N/A | 0.2 | 0.1 | -50.0% |
| Others | 0.4 | 0.3 | 0.3 | 0.2 | -20.6% |
| Total | 12.2 | 9.4 | 11.0 | 11.1 | -3.1% |
Top Suppliers of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) to Thailand in 2022:
- Italy (301.1 tons)
- China (170.7 tons)
- Taiwan (Chinese) (32.0 tons)
- Germany (19.9 tons)
- Malaysia (10.4 tons)
- Vietnam (9.5 tons)
- France (9.2 tons)
- Japan (6.8 tons)
Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Thailand
In 2022, after two years of decline, there was significant growth in shipments abroad of furniture; of cane, osier, or similar materials (other than bamboo or rattan), when their volume increased by 8% to 236 tons. Over the period under review, exports, however, saw a significant contraction.
In value terms, exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) soared to $4.2M in 2022. Overall, exports, however, showed a abrupt contraction.
| Export of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 450 | 1,243 | 693 | 1,458 | 48.0% |
| Japan | 1,747 | 1,077 | 1,187 | 806 | -22.7% |
| Cambodia | 237 | 338 | 95.5 | 343 | 13.1% |
| Lao People's Democratic Republic | 127 | 126 | 225 | 196 | 15.6% |
| United Kingdom | 122 | 177 | 152 | 105 | -4.9% |
| Papua New Guinea | N/A | N/A | 0.1 | 104 | 103900.0% |
| France | 40.1 | 30.8 | 47.2 | 84.4 | 28.2% |
| United Arab Emirates | 187 | 48.1 | 45.0 | 77.4 | -25.5% |
| Germany | 328 | 111 | 98.6 | 73.9 | -39.2% |
| Maldives | 422 | 128 | 14.5 | 35.3 | -56.3% |
| Myanmar | 131 | 197 | 105 | 28.3 | -40.0% |
| China | 219 | 130 | 73.5 | 20.1 | -54.9% |
| Italy | 152 | 69.6 | 31.6 | 17.6 | -51.3% |
| Others | 1,422 | 735 | 842 | 882 | -14.7% |
| Total | 5,584 | 4,410 | 3,611 | 4,230 | -8.8% |
Top Export Markets for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) from Thailand in 2022:
- United States (98.9 tons)
- United Kingdom (25.3 tons)
- Lao People's Democratic Republic (16.7 tons)
- Papua New Guinea (12.6 tons)
- Cambodia (10.6 tons)
- Japan (7.6 tons)
- United Arab Emirates (5.4 tons)
- France (5.3 tons)
- Germany (4.8 tons)
- China (2.1 tons)
- Myanmar (1.4 tons)
- Italy (1.1 tons)
- Maldives (0.7 tons)
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