Price for Rattans Used Primarily for Plaiting in Saudi Arabia - 2021

Contents:

1. Price for Rattans Used Primarily for Plaiting in Saudi Arabia (CIF) - 2022
2. Imports of Rattans Used Primarily for Plaiting in Saudi Arabia

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

In 2022, the average import price for rattans used primarily for plaitings amounted to $643 per ton, reducing by -54.5% against the previous year. Over the period under review, the import price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by 246%. As a result, import price attained the peak level of $1,414 per ton, and then fell markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($933 per ton), while the price for Belgium ($404 per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.8%).

Imports of Rattans Used Primarily for Plaiting in Saudi Arabia

In 2022, approx. 191 tons of rattans used primarily for plaitings were imported into Saudi Arabia; surging by 60% on the previous year's figure. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,095%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, rattans used primarily for plaiting imports fell remarkably to $123K in 2022. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 402% against the previous year.

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

1. China (94.2 tons)
2. Belgium (29.7 tons)
3. Netherlands (7.5 tons)

Source: IndexBox Market Intelligence Platform