Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Denmark - 2023

Contents:

  1. Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Denmark (CIF) - 2023
  2. Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Denmark (FOB) - 2023
  3. Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Denmark
  4. Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Denmark

Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Denmark (CIF) - 2023

The average import price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) stood at $3,620 per ton in November 2023, shrinking by -54.1% against the previous month. Over the period under review, the import price continues to indicate a abrupt decrease. The pace of growth was the most pronounced in January 2023 when the average import price increased by 34% month-to-month. The import price peaked at $10,240 per ton in August 2023; however, from September 2023 to November 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Albania ($5,177 per ton), while the price for Turkey ($1,989 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Denmark (FOB) - 2023

The average export price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) stood at $10,625 per ton in November 2023, waning by -11.1% against the previous month. Overall, the export price continues to indicate a mild slump. The pace of growth was the most pronounced in December 2022 when the average export price increased by 24% against the previous month. As a result, the export price reached the peak level of $15,749 per ton. From January 2023 to November 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was the United States ($20,533 per ton), while the average price for exports to Norway ($7,738 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Denmark

In 2022, the amount of furniture; of cane, osier, or similar materials (other than bamboo or rattan) imported into Denmark soared to 2.6K tons, with an increase of 46% compared with the previous year. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +15.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) skyrocketed to $19M in 2022. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden8091,4361,9103,25759.1%
Finland57.93192553,003272.9%
China1,4121,8293,0042,92727.5%
Bulgaria0.20.10.11,8872013.1%
Lithuania8.00.520.61,471468.6%
Vietnam1,1628791,1931,4026.5%
Italy5374138531,13128.2%
Germany48889475371213.4%
Turkey15622419043741.0%
Poland33636784.3299-3.8%
India1911553472133.7%
Others1,3441,4393,2282,34220.3%
Total6,5007,95611,83719,08143.2%

Top Suppliers of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) to Denmark in 2022:

  1. China (495.8 tons)
  2. Vietnam (418.3 tons)
  3. Lithuania (410.0 tons)
  4. Sweden (276.9 tons)
  5. Bulgaria (212.5 tons)
  6. Finland (157.7 tons)
  7. Italy (120.6 tons)
  8. Turkey (118.7 tons)
  9. Poland (56.0 tons)
  10. Germany (45.3 tons)
  11. India (37.6 tons)

Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Denmark

In 2022, exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) from Denmark fell rapidly to 967 tons, shrinking by -21% compared with the previous year. In general, exports saw a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 11%.

In value terms, exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) dropped to $11M in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 36%. As a result, the exports attained the peak of $12M, and then dropped in the following year.

Export of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway2,9222,0292,5521,832-14.4%
United States3736286051,64564.0%
France6247971,1031,29927.7%
Greenland55550843694219.3%
Germany2,1469821,399844-26.7%
Sweden660870725641-1.0%
United Kingdom572392784539-2.0%
Iceland16850.844139432.9%
Netherlands460289314317-11.7%
Switzerland16018838028320.9%
Spain13713823924821.9%
Australia235154236122-19.6%
Canada39.017319783.128.7%
Others1,7161,9152,9971,8783.1%
Total10,7689,11312,40811,0660.9%

Top Export Markets for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) from Denmark in 2022:

  1. Norway (186.4 tons)
  2. United States (97.9 tons)
  3. France (79.3 tons)
  4. Greenland (78.9 tons)
  5. Sweden (77.2 tons)
  6. Germany (73.2 tons)
  7. United Kingdom (44.9 tons)
  8. Netherlands (41.9 tons)
  9. Australia (38.7 tons)
  10. Iceland (36.6 tons)
  11. Spain (25.9 tons)
  12. Canada (24.5 tons)
  13. Switzerland (21.9 tons)

Source: IndexBox Market Intelligence Platform

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