Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Luxembourg - 2023
Contents:
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Luxembourg (CIF) - 2023
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Luxembourg (FOB) - 2022
- Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Luxembourg
- Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Luxembourg
Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Luxembourg (CIF) - 2023
In November 2023, the average import price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) amounted to $31,780 per ton, growing by 72% against the previous month. Overall, the import price recorded a pronounced expansion. The most prominent rate of growth was recorded in October 2023 when the average import price increased by 129% m-o-m. The import price peaked in November 2023.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From November 2022 to November 2023, the rate of growth in terms of prices for the United States amounted to +12.0% per month.
Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Luxembourg (FOB) - 2022
The average export price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) stood at $15,376 per ton in 2022, with a decrease of -24.2% against the previous year. Over the period under review, the export price continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 90%. Over the period under review, the average export prices hit record highs at $21,668 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($13,778 per ton), while the average price for exports to Italy ($7,611 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 Italy (+30.0%), 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 Luxembourg
In 2022, approx. 233 tons of furniture; of cane, osier, or similar materials (other than bamboo or rattan) were imported into Luxembourg; shrinking by -6.9% against 2021 figures. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +10.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 91%. As a result, imports reached the peak of 250 tons, and then dropped in the following year.
In value terms, imports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) dropped modestly to $3.3M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +10.2% 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 +63.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 71%. As a result, imports attained the peak of $3.4M, and then dropped in the following year.
| Import of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 950 | 795 | 1,185 | 1,205 | 8.2% |
| Germany | 481 | 532 | 659 | 803 | 18.6% |
| France | 211 | 158 | 553 | 453 | 29.0% |
| Belgium | 108 | 118 | 263 | 325 | 44.4% |
| Sweden | 5.8 | 34.0 | 115 | 204 | 227.6% |
| Netherlands | 18.2 | 65.2 | 173 | 70.6 | 57.1% |
| Poland | 18.3 | 57.8 | 133 | 67.5 | 54.5% |
| Spain | 40.3 | 34.4 | 122 | 54.8 | 10.8% |
| China | 49.5 | 21.1 | 41.3 | 3.7 | -57.9% |
| Serbia | 154 | 46.6 | 48.1 | N/A | -44.1% |
| Others | 391 | 122 | 95.2 | 63.8 | -45.4% |
| Total | 2,427 | 1,984 | 3,385 | 3,251 | 10.2% |
Top Suppliers of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) to Luxembourg in 2022:
- Italy (74.0 tons)
- Germany (51.9 tons)
- Belgium (40.5 tons)
- France (28.0 tons)
- Sweden (14.0 tons)
- Spain (8.2 tons)
- Netherlands (4.8 tons)
- Poland (4.6 tons)
- China (0.8 tons)
Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Luxembourg
In 2022, the amount of furniture; of cane, osier, or similar materials (other than bamboo or rattan) exported from Luxembourg soared to 14 tons, with an increase of 212% on the previous year. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 813% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) skyrocketed to $217K in 2022. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 696%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 2.4 | 5.1 | 8.4 | 99.8 | 246.4% |
| Belgium | 3.0 | 4.7 | 6.0 | 18.9 | 84.7% |
| Germany | 2.7 | 2.9 | 4.5 | 5.8 | 29.0% |
| United States | N/A | 124 | N/A | N/A | 0% |
| Others | 10.2 | 8.9 | 72.8 | 92.6 | 108.6% |
| Total | 18.3 | 145 | 91.7 | 217 | 128.0% |
Top Export Markets for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) from Luxembourg in 2022:
- France (9.1 tons)
- Belgium (1.6 tons)
- Germany (0.4 tons)
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