Price for Rattans Used Primarily for Plaiting in Luxembourg - 2023

Contents:

1. Price for Rattans Used Primarily for Plaiting in Luxembourg (CIF) - 2022
2. Price for Rattans Used Primarily for Plaiting in Luxembourg (FOB) - 2022
3. Imports of Rattans Used Primarily for Plaiting in Luxembourg
4. Exports of Rattans Used Primarily for Plaiting in Luxembourg

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

In 2022, the average import price for rattans used primarily for plaitings amounted to $31,897 per ton, with a decrease of -4.8% against the previous year. Over the period under review, the import price showed a deep contraction. The growth pace was the most rapid in 2020 an increase of 112% against the previous year. Over the period under review, average import prices attained the peak figure at $59,789 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Germany ($41,750 per ton), while the price for France ($20,841 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+18.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Rattans Used Primarily for Plaiting in Luxembourg (FOB) - 2022

The average export price for rattans used primarily for plaitings stood at $54,200 per ton in 2021, with an increase of 136% against the previous year. In general, the export price continues to indicate significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Belgium.

From 2012 to 2021, the rate of growth in terms of prices for France amounted to +31.1% per year.

Imports of Rattans Used Primarily for Plaiting in Luxembourg

For the fourth consecutive year, Luxembourg recorded growth in purchases abroad of rattans used primarily for plaitings, which increased by 22% to 359 kg in 2022. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 33% 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 surged to $11K in 2022. Overall, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 183%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Top Suppliers of Rattans Used Primarily for Plaiting to Luxembourg in 2022:

1. China (227.0 kg)
2. France (44.0 kg)

Exports of Rattans Used Primarily for Plaiting in Luxembourg

In 2021, approx. 20 kg of rattans used primarily for plaitings were exported from Luxembourg; rising by 900% against the previous year. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, rattans used primarily for plaiting exports soared to $1.1K in 2021. In general, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Rattans Used Primarily for Plaiting from Luxembourg in 2022:

1. Belgium (20.0 kg)

Source: IndexBox Market Intelligence Platform