Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Bolivia - 2023
Contents:
- Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Bolivia (CIF) - 2022
- Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Bolivia (FOB) - 2022
- Imports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Bolivia
- Exports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Bolivia
Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Bolivia (CIF) - 2022
The average import price for furniture; wooden, other than for office, kitchen or bedroom use stood at $97 per unit in 2022, rising by 9.6% against the previous year. In general, the import price continues to indicate a prominent increase. The pace of growth was the most pronounced in 2018 when the average import price increased by 32%. The import price peaked in 2022 and is likely to continue growth in the near future.
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 Vietnam ($204 per unit), while the price for China ($15 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Bolivia (FOB) - 2022
The average export price for furniture; wooden, other than for office, kitchen or bedroom use stood at $29 per unit in 2022, which is down by -15.5% against the previous year. Over the period under review, the export price saw a abrupt descent. The pace of growth was the most pronounced in 2018 an increase of 50% against the previous year. The export price peaked at $159 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($74 per unit), while the average price for exports to the Philippines ($3.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+29.0%), while the prices for the other major destinations experienced a decline.
Imports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Bolivia
Imports of furniture; wooden, other than for office, kitchen or bedroom use into Bolivia contracted to 35K units in 2022, with a decrease of -6.8% compared with the previous year's figure. Overall, imports showed a drastic downturn. The growth pace was the most rapid in 2021 when imports increased by 54%. Over the period under review, imports of reached the maximum at 48K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of furniture; wooden, other than for office, kitchen or bedroom use rose slightly to $3.4M in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 73% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Bolivia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 2,251 | 1,234 | 2,726 | 2,543 | 4.1% |
China | 236 | 221 | 95.4 | 262 | 3.5% |
Colombia | 546 | 141 | 236 | 207 | -27.6% |
Vietnam | 67.7 | 137 | 141 | 128 | 23.7% |
Malaysia | 88.5 | 27.2 | 2.3 | 96.1 | 2.8% |
Spain | 27.3 | 90.8 | 1.5 | 24.8 | -3.2% |
Others | 160 | 77.7 | 128 | 139 | -4.6% |
Total | 3,376 | 1,929 | 3,330 | 3,400 | 0.2% |
Top Suppliers of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use to Bolivia in 2022:
- China (16.9K units)
- Brazil (14.1K units)
- Colombia (1.1K units)
- Spain (0.9K units)
- Vietnam (0.6K units)
- Malaysia (0.5K units)
Exports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Bolivia
For the fourth consecutive year, Bolivia recorded growth in shipments abroad of furniture; wooden, other than for office, kitchen or bedroom use, which increased by 7.7% to 91K units in 2022. In general, exports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 94%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of furniture; wooden, other than for office, kitchen or bedroom use reduced to $2.7M in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +6.9% 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 +58.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 74% against the previous year. As a result, the exports reached the peak of $2.9M, and then declined in the following year.
Export of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Bolivia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,766 | 1,471 | 2,360 | 2,194 | 7.5% |
United Kingdom | 351 | 168 | 400 | 252 | -10.5% |
Sweden | N/A | 36.0 | 165 | 195 | 132.7% |
Philippines | 29.3 | 1.6 | 3.3 | 6.1 | -40.7% |
Others | 33.2 | 7.8 | 0.9 | 17.9 | -18.6% |
Total | 2,179 | 1,685 | 2,929 | 2,664 | 6.9% |
Top Export Markets for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use from Bolivia in 2022:
- United States (46.6K units)
- Sweden (39.3K units)
- United Kingdom (3.4K units)
- Philippines (1.6K units)
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