Price for Bamboo Used Primarily for Plaiting in Portugal - 2023

Contents:

1. Price for Bamboo Used Primarily for Plaiting in Portugal (CIF) - 2023
2. Price for Bamboo Used Primarily for Plaiting in Portugal (FOB) - 2023
3. Imports of Bamboo Used Primarily for Plaiting in Portugal
4. Exports of Bamboo Used Primarily for Plaiting in Portugal

Price for Bamboo Used Primarily for Plaiting in Portugal (CIF) - 2023

In June 2023, the average import price for bamboo used primarily for plaitings amounted to $2,716 per ton, growing by 61% against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 when the average import price increased by 87% m-o-m. The import price peaked at $2,832 per ton in August 2022; however, from September 2022 to June 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Spain ($4,742 per ton), while the price for China stood at $832 per ton.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Spain (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Bamboo Used Primarily for Plaiting in Portugal (FOB) - 2023

The average export price for bamboo used primarily for plaitings stood at $935 per ton in June 2023, waning by -21.6% against the previous month. Overall, the export price recorded a pronounced contraction. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 29% against the previous month. The export price peaked at $1,401 per ton in June 2022; however, from July 2022 to June 2023, the export prices remained at a lower figure.

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

From June 2022 to June 2023, the rate of growth in terms of prices for Spain amounted to -3.3% per month.

Imports of Bamboo Used Primarily for Plaiting in Portugal

In 2022, overseas purchases of bamboo used primarily for plaitings were finally on the rise to reach 2.3K tons after two years of decline. In general, imports, however, faced a deep downturn.

In value terms, bamboo used primarily for plaiting imports skyrocketed to $4M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +7.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Spain (1510.3 tons)
2. China (654.7 tons)
3. Netherlands (81.7 tons)

Exports of Bamboo Used Primarily for Plaiting in Portugal

In 2022, the amount of bamboo used primarily for plaitings exported from Portugal contracted sharply to 226 tons, waning by -63.7% on the year before. Over the period under review, exports saw a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 223% against the previous year.

In value terms, bamboo used primarily for plaiting exports reduced notably to $298K in 2022. In general, exports continue to indicate a dramatic decline. The growth pace was the most rapid in 2021 when exports increased by 169% against the previous year. As a result, the exports attained the peak of $756K, and then declined sharply in the following year.

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

1. France (undefined tons)
2. Spain (224.7 tons)

Source: IndexBox Market Intelligence Platform