Price for Rattans Used Primarily for Plaiting in Bahrain - 2022

Price for Rattans Used Primarily for Plaiting in Bahrain (CIF) - 2022

In 2022, the average import price for rattans used primarily for plaitings amounted to $404 per ton, reducing by -18.6% against the previous year. In general, the import price showed a dramatic decrease. The pace of growth appeared the most rapid in 2015 an increase of 82%. The import price peaked at $8,997 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 China ($1,393 per ton), while the price for Indonesia stood at $357 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.9%).

Imports of Rattans Used Primarily for Plaiting in Bahrain

In 2022, rattans used primarily for plaiting imports into Bahrain soared to 3.4 tons, growing by 73% against the previous year's figure. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 2,356% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, rattans used primarily for plaiting imports soared to $1.4K in 2022. In general, imports enjoyed modest growth. The growth pace was the most rapid in 2021 with an increase of 1,480% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.