Price for Bamboo Used Primarily for Plaiting in Estonia - 2023

Contents:

  1. Price for Bamboo Used Primarily for Plaiting in Estonia (CIF) - 2022
  2. Price for Bamboo Used Primarily for Plaiting in Estonia (FOB) - 2022
  3. Imports of Bamboo Used Primarily for Plaiting in Estonia
  4. Exports of Bamboo Used Primarily for Plaiting in Estonia

Price for Bamboo Used Primarily for Plaiting in Estonia (CIF) - 2022

In 2022, the average import price for bamboo used primarily for plaitings amounted to $3,795 per ton, increasing by 9.5% against the previous year. Overall, the import price saw prominent growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 55%. Over the period under review, average import prices reached the peak figure at $5,134 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

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 Poland ($6,359 per ton), while the price for Denmark ($2,809 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Bamboo Used Primarily for Plaiting in Estonia (FOB) - 2022

In 2022, the average export price for bamboo used primarily for plaitings amounted to $3,167 per ton, dropping by -75.2% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by 21%. The export price peaked at $16,750 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Latvia.

From 2012 to 2022, the rate of growth in terms of prices for Finland amounted to +22.5% per year.

Imports of Bamboo Used Primarily for Plaiting in Estonia

In 2022, approx. 9.3 tons of bamboo used primarily for plaitings were imported into Estonia; jumping by 37% against the year before. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 93% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, bamboo used primarily for plaiting imports surged to $35K in 2022. In general, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 71%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Bamboo Used Primarily for Plaiting in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.03.411.712.922.6%
LatviaN/A2.95.410.893.0%
PolandN/A1.41.46.5115.5%
Finland2.53.82.22.3-2.7%
Denmark2.30.40.51.1-21.8%
Germany0.80.10.11.07.7%
ItalyN/A1.2N/AN/A0%
Indonesia0.6N/AN/AN/A0%
OthersN/A0.52.50.826.5%
Total13.213.823.635.338.8%

Top Suppliers of Bamboo Used Primarily for Plaiting to Estonia in 2022:

  1. China (4.4 tons)
  2. Latvia (2.5 tons)
  3. Poland (1.0 tons)
  4. Finland (0.6 tons)
  5. Denmark (0.4 tons)
  6. Germany (0.3 tons)

Exports of Bamboo Used Primarily for Plaiting in Estonia

In 2022, overseas shipments of bamboo used primarily for plaitings decreased by -41.5% to 24 kg for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 413% against the previous year. As a result, the exports reached the peak of 41 kg, and then reduced dramatically in the following year.

In value terms, bamboo used primarily for plaiting exports dropped sharply to $76 in 2022. Overall, exports faced a dramatic setback. The most prominent rate of growth was recorded in 2021 when exports increased by 291% against the previous year. As a result, the exports attained the peak of $524, and then declined dramatically in the following year.

Export of Bamboo Used Primarily for Plaiting in Estonia (USD)
COUNTRY202020212022CAGR,
2020-2022
LatviaN/A52.076.046.2%
Finland134472N/A252.2%
OthersN/AN/AN/A0%
Total13452476.0-24.7%

Top Export Markets for Bamboo Used Primarily for Plaiting from Estonia in 2022:

  1. Latvia (24.0 kg)

Source: IndexBox Market Intelligence Platform

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