Price for Rattans Used Primarily for Plaiting in Poland - 2023

Contents:

1. Price for Rattans Used Primarily for Plaiting in Poland (CIF) - 2022
2. Price for Rattans Used Primarily for Plaiting in Poland (FOB) - 2023
3. Imports of Rattans Used Primarily for Plaiting in Poland
4. Exports of Rattans Used Primarily for Plaiting in Poland

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

In 2022, the average import price for rattans used primarily for plaitings amounted to $18,460 per ton, increasing by 21% against the previous year. Over the last decade, it increased at an average annual rate of +4.8%. The pace of growth was the most pronounced in 2021 when the average import price increased by 35%. The import price peaked in 2022 and is expected to retain growth in years to come.

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 ($26,530 per ton), while the price for Vietnam ($7,084 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Rattans Used Primarily for Plaiting in Poland (FOB) - 2023

The average export price for rattans used primarily for plaitings stood at $2,402 per ton in July 2023, stabilizing at the previous month. In general, the export price, however, faced a precipitous contraction. The growth pace was the most rapid in November 2022 an increase of 50% against the previous month. The export price peaked at $55,842 per ton in April 2023; however, from May 2023 to July 2023, 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 Germany.

From July 2022 to July 2023, the rate of growth in terms of prices for Germany amounted to -22.0% per month.

Imports of Rattans Used Primarily for Plaiting in Poland

In 2022, overseas purchases of rattans used primarily for plaitings decreased by -20.9% to 39 tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 81%. As a result, imports reached the peak of 70 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, rattans used primarily for plaiting imports shrank modestly to $715K in 2022. The total import value increased at an average annual rate of +5.2% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 29%. As a result, imports reached the peak of $792K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

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

1. Germany (22.2 tons)
2. China (11.9 tons)
3. Vietnam (4.2 tons)

Exports of Rattans Used Primarily for Plaiting in Poland

In 2022, exports of rattans used primarily for plaitings from Poland surged to 317 kg, picking up by 24% compared with the year before. Over the period under review, exports, however, showed a deep reduction.

In value terms, rattans used primarily for plaiting exports skyrocketed to $8.3K in 2022. In general, exports, however, saw a abrupt setback.

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

1. Slovakia (106.0 kg)
2. Germany (72.0 kg)
3. Czech Republic (57.0 kg)
4. Romania (40.0 kg)
5. Spain (9.0 kg)
6. Lithuania (8.0 kg)
7. France (8.0 kg)
8. Netherlands (1.0 kg)
9. Latvia (1.0 kg)

Source: IndexBox Market Intelligence Platform