Price for Rattans Used Primarily for Plaiting in Morocco - 2022

Contents:

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

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

The average import price for rattans used primarily for plaitings stood at $8,411 per ton in 2022, rising by 17% against the previous year. Overall, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, rattans used primarily for plaiting import price increased by +39.1% against 2018 indices. The growth pace was the most rapid in 2018 when the average import price increased by 42% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +7.6% per year.

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

The average export price for rattans used primarily for plaitings stood at $26,000 per ton in 2022, increasing by 85% against the previous year. Over the period under review, the export price recorded a significant expansion. As a result, the export price reached 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 Spain.

From 2013 to 2022, the rate of growth in terms of prices for France amounted to +27.1% per year.

Imports of Rattans Used Primarily for Plaiting in Morocco

Rattans used primarily for plaiting imports into Morocco soared to 58 tons in 2022, growing by 162% compared with the previous year. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, rattans used primarily for plaiting imports surged to $492K in 2022. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Singapore (58.5 tons)

Exports of Rattans Used Primarily for Plaiting in Morocco

In 2022, shipments abroad of rattans used primarily for plaitings decreased by -99.8% to 2 kg, falling for the second year in a row after two years of growth. Overall, exports saw a sharp shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 1,719%. As a result, the exports attained the peak of 964 kg. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, rattans used primarily for plaiting exports reduced notably to $52 in 2022. Over the period under review, exports saw a sharp reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 1,963%.

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

1. Spain (2.0 kg)

Source: IndexBox Market Intelligence Platform