Price for Furniture; of Bamboo or Rattan in Ecuador - 2022
Contents:
- Price for Furniture; of Bamboo or Rattan in Ecuador (CIF) - 2022
- Price for Furniture; of Bamboo or Rattan in Ecuador (FOB) - 2022
- Imports of Furniture; of Bamboo or Rattan in Ecuador
- Exports of Furniture; of Bamboo or Rattan in Ecuador
Price for Furniture; of Bamboo or Rattan in Ecuador (CIF) - 2022
In 2022, the average import price for furniture; of bamboo or rattan amounted to $5,509 per ton, flattening at the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 13% against the previous year. As a result, import price attained the peak level of $5,773 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
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 Vietnam ($51,260 per ton), while the price for Colombia ($2,785 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+23.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Furniture; of Bamboo or Rattan in Ecuador (FOB) - 2022
In 2022, the average export price for furniture; of bamboo or rattan amounted to $624 per ton, growing by 7.6% against the previous year. Over the period under review, the export price, however, continues to indicate a dramatic setback. The most prominent rate of growth was recorded in 2016 when the average export price increased by 1,140%. As a result, the export price reached the peak level of $103,000 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Jamaica amounted to -4.7% per year.
Imports of Furniture; of Bamboo or Rattan in Ecuador
In 2022, overseas purchases of furniture; of bamboo or rattan were finally on the rise to reach 35 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a abrupt descent.
In value terms, furniture; of bamboo or rattan imports rose to $194K in 2022. Over the period under review, imports, however, showed a perceptible slump.
| Import of Furniture; of Bamboo or Rattan in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 135 | 122 | 110 | 112 | -6.0% |
| Vietnam | 19.0 | 20.3 | 21.6 | 26.0 | 11.0% |
| Colombia | 18.7 | 16.9 | 15.2 | 15.5 | -6.1% |
| United States | 10.8 | 10.1 | 9.4 | 9.9 | -2.9% |
| Hong Kong SAR | 13.0 | 11.4 | 10.0 | 9.9 | -8.7% |
| Indonesia | 4.2 | 3.4 | 2.8 | 2.6 | -14.8% |
| Others | 19.6 | 18.2 | 17.1 | 18.3 | -2.3% |
| Total | 221 | 203 | 186 | 194 | -4.3% |
Top Suppliers of Furniture; of Bamboo or Rattan to Ecuador in 2022:
- China (25.1 tons)
- Colombia (5.6 tons)
- Hong Kong SAR (1.4 tons)
- United States (1.2 tons)
- Indonesia (0.8 tons)
- Vietnam (0.5 tons)
Exports of Furniture; of Bamboo or Rattan in Ecuador
In 2022, overseas shipments of furniture; of bamboo or rattan decreased by -0.4% to 4.7 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +18.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 68%.
In value terms, furniture; of bamboo or rattan exports rose remarkably to $2.9K in 2022. In general, exports showed a abrupt decrease.
| Export of Furniture; of Bamboo or Rattan in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.6 | 3.1 | 2.7 | 2.9 | -7.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.6 | 3.1 | 2.7 | 2.9 | -7.0% |
Top Export Markets for Furniture; of Bamboo or Rattan from Ecuador in 2022:
- United States (4.7 tons)
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