Price for Rattans Used Primarily for Plaiting in Spain - 2023

Contents:

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

Price for Rattans Used Primarily for Plaiting in Spain (CIF) - 2022

In 2022, the average import price for rattans used primarily for plaitings amounted to $16,830 per ton, reducing by -5.8% against the previous year. Overall, the import price, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2021 an increase of 62%. As a result, import price attained the peak level of $17,860 per ton, and then reduced in the following year.

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 China ($22,425 per ton), while the price for Malaysia ($5,791 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Rattans Used Primarily for Plaiting in Spain (FOB) - 2022

The average export price for rattans used primarily for plaitings stood at $13,672 per ton in 2022, standing approx. at the previous year. In general, the export price, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2021 an increase of 170% against the previous year. As a result, the export price reached the peak level of $13,717 per ton, leveling off in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($15,780 per ton), while the average price for exports to Morocco ($7,453 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 Mexico (+45.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rattans Used Primarily for Plaiting in Spain

In 2022, rattans used primarily for plaiting imports into Spain soared to 385 tons, jumping by 52% against the previous year's figure. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +12.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, rattans used primarily for plaiting imports skyrocketed to $6.5M in 2022. Overall, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 50% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Rattans Used Primarily for Plaiting to Spain in 2022:

1. China (241.6 tons)
2. Singapore (113.5 tons)
3. Malaysia (14.3 tons)
4. Indonesia (14.2 tons)

Exports of Rattans Used Primarily for Plaiting in Spain

In 2022, the amount of rattans used primarily for plaitings exported from Spain rose sharply to 63 tons, increasing by 5.7% on 2021 figures. Overall, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 235% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, rattans used primarily for plaiting exports rose markedly to $856K in 2022. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 805% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Top Export Markets for Rattans Used Primarily for Plaiting from Spain in 2022:

1. Hungary (42.6 tons)
2. Morocco (15.8 tons)
3. Portugal (2.6 tons)

Source: IndexBox Market Intelligence Platform