Price for Rattans Used Primarily for Plaiting in Portugal - 2023

Contents:

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

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

The average import price for rattans used primarily for plaitings stood at $25,453 per ton in 2022, which is down by -2.1% against the previous year. Overall, the import price recorded a noticeable decrease. The most prominent rate of growth was recorded in 2018 an increase of 40%. The import price peaked at $36,222 per ton in 2012; however, from 2013 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 Vietnam ($126,500 per ton), while the price for China ($21,878 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+501.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for rattans used primarily for plaitings stood at $15,500 per ton in 2022, stabilizing at the previous year. In general, the export price showed a sharp descent. The most prominent rate of growth was recorded in 2020 an increase of 19% against the previous year. As a result, the export price attained the peak level of $190,000 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2016 to 2022, the rate of growth in terms of prices for Angola amounted to 0.0% per year.

Imports of Rattans Used Primarily for Plaiting in Portugal

In 2022, the amount of rattans used primarily for plaitings imported into Portugal soared to 53 tons, picking up by 93% on 2021. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, rattans used primarily for plaiting imports soared to $1.3M in 2022. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Rattans Used Primarily for Plaiting in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands30654143776635.8%
China1.93.3231570569.4%
VietnamN/AN/A37.90.3-99.2%
Others2.60.11.52.93.7%
Total3115457081,34062.7%

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

  1. Vietnam (undefined tons)
  2. Netherlands (26.4 tons)
  3. China (26.1 tons)

Exports of Rattans Used Primarily for Plaiting in Portugal

For the third consecutive year, Portugal recorded decline in overseas shipments of rattans used primarily for plaitings, which decreased by 0% to 2 kg in 2022. Over the period under review, exports recorded a precipitous setback. The smallest decline of -75% was in 2020.

In value terms, rattans used primarily for plaiting exports totaled $31 in 2022. In general, exports showed a sharp slump. The smallest decline of -70.3% was in 2020.

Export of Rattans Used Primarily for Plaiting in Portugal (USD)
COUNTRY2019202020212022CAGR,
2019-2022
AngolaN/AN/AN/A31.00%
Netherlands1,279380N/AN/A-70.3%
OthersN/AN/AN/AN/A0%
Total1,279380N/A31.0-71.1%

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

  1. Angola (2.0 kg)

Source: IndexBox Market Intelligence Platform

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