Price for Rattans Used Primarily for Plaiting in New Zealand - 2023

Contents:

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

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

In 2022, the average import price for rattans used primarily for plaitings amounted to $15,505 per ton, with an increase of 35% against the previous year. Overall, the import price recorded a buoyant increase. The pace of growth appeared the most rapid in 2017 an increase of 40%. Over the period under review, average import prices reached the peak figure 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 China.

From 2012 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to +29.8% per year.

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

The average export price for rattans used primarily for plaitings stood at $3,000 per ton in 2022, approximately mirroring the previous year. Overall, the export price showed a perceptible contraction. The growth pace was the most rapid in 2020 an increase of 35% against the previous year. Over the period under review, the average export prices attained the maximum at $3,757 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

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

From 2016 to 2022, the rate of growth in terms of prices for Cook Islands amounted to -3.7% per year.

Imports of Rattans Used Primarily for Plaiting in New Zealand

In 2022, approx. 2.2 tons of rattans used primarily for plaitings were imported into New Zealand; rising by 28% on 2021. In general, imports recorded a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 663%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, rattans used primarily for plaiting imports soared to $34K in 2022. Over the period under review, imports recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 701%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

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

1. China (2.2 tons)

Exports of Rattans Used Primarily for Plaiting in New Zealand

For the third year in a row, New Zealand recorded decline in shipments abroad of rattans used primarily for plaitings, which decreased by 0% to 1 kg in 2022. In general, exports recorded a dramatic decline. The smallest decline of 99.9% was in 2020.

In value terms, rattans used primarily for plaiting exports amounted to $3 in 2022. Over the period under review, exports showed a sharp curtailment. The smallest decline of 99.9% was in 2020.

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

1. Cook Islands (1.0 kg)

Source: IndexBox Market Intelligence Platform