Price for Furniture; of Bamboo or Rattan in Pakistan - 2022
Contents:
- Price for Furniture; of Bamboo or Rattan in Pakistan (FOB) - 2022
- Price for Furniture; of Bamboo or Rattan in Pakistan (CIF) - 2022
- Exports of Furniture; of Bamboo or Rattan in Pakistan
- Imports of Furniture; of Bamboo or Rattan in Pakistan
Price for Furniture; of Bamboo or Rattan in Pakistan (FOB) - 2022
In 2022, the average export price for furniture; of bamboo or rattan amounted to $5,173 per ton, dropping by -3.3% against the previous year. In general, the export price, however, saw temperate growth. The pace of growth was the most pronounced in 2013 an increase of 116% against the previous year. The export price peaked at $9,159 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($9,126 per ton), while the average price for exports to the United Arab Emirates ($883 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 France (+11.0%), while the prices for the other major destinations experienced a decline.
Price for Furniture; of Bamboo or Rattan in Pakistan (CIF) - 2022
In 2022, the average import price for furniture; of bamboo or rattan amounted to $2,392 per ton, increasing by 7.5% against the previous year. Over the period under review, the import price, however, saw a deep downturn. The pace of growth was the most pronounced in 2016 when the average import price increased by 54% against the previous year. Over the period under review, average import prices hit record highs at $4,574 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($4,294 per ton), while the price for the United Arab Emirates ($141 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+868.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Furniture; of Bamboo or Rattan in Pakistan
After three years of growth, shipments abroad of furniture; of bamboo or rattan decreased by -0.9% to 1.4 tons in 2022. The total export volume increased at an average annual rate of +11.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 38%.
In value terms, furniture; of bamboo or rattan exports contracted modestly to $7K in 2022. The total export value increased at an average annual rate of +4.5% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 9.1% against the previous year. As a result, the exports reached the peak of $7.3K, and then fell slightly in the following year.
| Export of Furniture; of Bamboo or Rattan in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.1 | 5.6 | 6.2 | 6.0 | 5.6% |
| United Arab Emirates | 0.6 | 0.6 | 0.6 | 0.6 | 0.0% |
| France | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
| Others | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Total | 6.1 | 6.7 | 7.3 | 7.0 | 4.7% |
Top Export Markets for Furniture; of Bamboo or Rattan from Pakistan in 2022:
- United States (657.0 kg)
- United Arab Emirates (643.0 kg)
- France (32.0 kg)
Imports of Furniture; of Bamboo or Rattan in Pakistan
In 2022, purchases abroad of furniture; of bamboo or rattan increased by 0.9% to 2 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a relatively flat trend pattern.
In value terms, furniture; of bamboo or rattan imports expanded rapidly to $4.8K in 2022. Over the period under review, imports, however, saw a abrupt descent.
| Import of Furniture; of Bamboo or Rattan in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.5 | 3.9 | 3.4 | 3.7 | -6.3% |
| Indonesia | 1.5 | 1.2 | 1.0 | 1.0 | -12.6% |
| Thailand | N/A | N/A | N/A | N/A | 0% |
| United Arab Emirates | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.0 | 5.1 | 4.4 | 4.8 | -7.2% |
Top Suppliers of Furniture; of Bamboo or Rattan to Pakistan in 2022:
- China (1577.0 kg)
- Indonesia (238.0 kg)
- United Arab Emirates (163.0 kg)
- Thailand (19.0 kg)
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