Price for Rattans Used Primarily for Plaiting in the United Arab Emirates - 2021

Contents:

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

Price for Rattans Used Primarily for Plaiting in the United Arab Emirates (CIF) - 2022

The average import price for rattans used primarily for plaitings stood at $19,999 per ton in 2022, waning by -33.2% against the previous year. Overall, the import price, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 187% against the previous year. The import price peaked at $29,960 per ton in 2021, and then shrank sharply in the following year.

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 South Africa ($26,689 per ton), while the price for Pakistan ($1,902 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Rattans Used Primarily for Plaiting in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for rattans used primarily for plaitings amounted to $1,000 per ton, surging by 31% against the previous year. Over the period under review, the export price recorded a prominent expansion. The most prominent rate of growth was recorded in 2014 an increase of 567% against the previous year. The export price peaked at $5,545 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($2,000 per ton), while the average price for exports to Saudi Arabia ($875 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rattans Used Primarily for Plaiting in the United Arab Emirates

In 2022, after three years of growth, there was decline in purchases abroad of rattans used primarily for plaitings, when their volume decreased by -5% to 7.7 tons. Overall, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 209% against the previous year. As a result, imports reached the peak of 8.1 tons, and then reduced slightly in the following year.

In value terms, rattans used primarily for plaiting imports contracted rapidly to $154K in 2022. In general, imports, however, saw a significant increase. The growth pace was the most rapid in 2020 when imports increased by 505% against the previous year.

Top Suppliers of Rattans Used Primarily for Plaiting to the United Arab Emirates in 2022:

1. Pakistan (2009.0 kg)
2. Kuwait (954.0 kg)
3. Oman (694.0 kg)
4. Vietnam (515.0 kg)
5. United Kingdom (483.0 kg)
6. South Africa (379.0 kg)
7. China (272.0 kg)

Exports of Rattans Used Primarily for Plaiting in the United Arab Emirates

In 2022, the amount of rattans used primarily for plaitings exported from the United Arab Emirates contracted rapidly to 17 kg, reducing by -19% compared with the year before. Overall, exports recorded a perceptible reduction. The pace of growth was the most pronounced in 2021 when exports increased by 40%. As a result, the exports attained the peak of 21 kg, and then shrank significantly in the following year.

In value terms, rattans used primarily for plaiting exports reached $17 in 2022. Over the period under review, exports recorded a deep setback.

Top Export Markets for Rattans Used Primarily for Plaiting from the United Arab Emirates in 2022:

1. Saudi Arabia (8.0 kg)
2. Yemen (6.0 kg)
3. Oman (1.0 kg)
4. Qatar (1.0 kg)
5. Seychelles (1.0 kg)

Source: IndexBox Market Intelligence Platform