Price for Furniture; of Bamboo or Rattan in Nepal - 2022
Contents:
- Price for Furniture; of Bamboo or Rattan in Nepal (CIF) - 2022
- Price for Furniture; of Bamboo or Rattan in Nepal (FOB) - 2022
- Imports of Furniture; of Bamboo or Rattan in Nepal
- Exports of Furniture; of Bamboo or Rattan in Nepal
Price for Furniture; of Bamboo or Rattan in Nepal (CIF) - 2022
In 2022, the average import price for furniture; of bamboo or rattan amounted to $1,581 per ton, remaining stable against the previous year. Overall, the import price saw a abrupt contraction. The most prominent rate of growth was recorded in 2013 an increase of 4.1% against the previous year. As a result, import price reached the peak level of $4,745 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($3,648 per ton), while the price for Thailand ($286 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-2.0%), while the prices for the other major suppliers experienced a decline.
Price for Furniture; of Bamboo or Rattan in Nepal (FOB) - 2022
In 2022, the average export price for furniture; of bamboo or rattan amounted to $889 per ton, with a decrease of -28% against the previous year. In general, the export price continues to indicate a sharp downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 176% against the previous year. As a result, the export price attained the peak level of $16,813 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($1,053 per ton), while the average price for exports to China ($333 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 the United States (-17.3%), while the prices for the other major destinations experienced a decline.
Imports of Furniture; of Bamboo or Rattan in Nepal
In 2022, after three years of growth, there was significant decline in supplies from abroad of furniture; of bamboo or rattan, when their volume decreased by -8.3% to 6.2 tons. The total import volume increased at an average annual rate of +10.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 23% against the previous year.
In value terms, furniture; of bamboo or rattan imports dropped to $9.8K in 2022. The total import value increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 20%. As a result, imports reached the peak of $11K, and then declined in the following year.
| Import of Furniture; of Bamboo or Rattan in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.5 | 8.1 | 10.0 | 9.4 | 13.1% |
| India | 0.9 | 0.8 | 0.7 | 0.4 | -23.7% |
| Thailand | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.5 | 8.9 | 10.7 | 9.8 | 9.3% |
Top Suppliers of Furniture; of Bamboo or Rattan to Nepal in 2022:
- China (6.0 tons)
- Thailand (0.1 tons)
- India (0.1 tons)
Exports of Furniture; of Bamboo or Rattan in Nepal
In 2022, exports of furniture; of bamboo or rattan from Nepal skyrocketed to 27 kg, increasing by 59% against the year before. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, furniture; of bamboo or rattan exports rose notably to $24 in 2022. Overall, exports, however, saw a abrupt slump.
| Export of Furniture; of Bamboo or Rattan in Nepal (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 26.0 | 21.0 | 17.0 | 20.0 | -8.4% |
| China | 5.0 | 4.0 | 2.0 | 2.0 | -26.3% |
| Canada | 1.0 | 1.0 | 1.0 | 1.0 | 0.0% |
| United States | 1.0 | 1.0 | 1.0 | 1.0 | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 33.0 | 27.0 | 21.0 | 24.0 | -10.1% |
Top Export Markets for Furniture; of Bamboo or Rattan from Nepal in 2022:
- France (19.0 kg)
- China (6.0 kg)
- United States (1.0 kg)
- Canada (1.0 kg)
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