Price for Rattans Used Primarily for Plaiting in Uruguay - 2021

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

The average import price for rattans used primarily for plaitings stood at $10,331 per ton in 2022, waning by -16% against the previous year. Over the period under review, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, rattans used primarily for plaiting import price decreased by -35.8% against 2020 indices. The pace of growth appeared the most rapid in 2014 an increase of 73% against the previous year. Over the period under review, average import prices hit record highs at $16,084 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($18,924 per ton), while the price for China stood at $7,947 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+8.7%), while the prices for the other major suppliers experienced a decline.

Imports of Rattans Used Primarily for Plaiting in Uruguay

In 2022, imports of rattans used primarily for plaitings into Uruguay surged to 1.2 tons, jumping by 133% on 2021. Over the period under review, imports recorded a significant expansion. 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 skyrocketed to $12K in 2022. Overall, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.