Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Serbia - 2023
Contents:
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Serbia (CIF) - 2022
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Serbia (FOB) - 2022
- Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Serbia
- Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Serbia
Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Serbia (CIF) - 2022
The average import price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) stood at $5,662 per ton in 2022, falling by -2.4% against the previous year. In general, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) increased by +37.8% against 2019 indices. The growth pace was the most rapid in 2015 an increase of 65%. As a result, import price attained the peak level of $6,898 per ton. From 2016 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 Italy ($19,195 per ton), while the price for Turkey ($2,535 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+14.0%), 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 Serbia (FOB) - 2022
In 2022, the average export price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) amounted to $6,830 per ton, reducing by -14.5% against the previous year. Over the period under review, the export price continues to indicate a mild decline. The pace of growth was the most pronounced in 2017 an increase of 29%. The export price peaked at $9,867 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uzbekistan ($14,522 per ton), while the average price for exports to Italy ($1,630 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 North Macedonia (+12.5%), 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 Serbia
In 2022, overseas purchases of furniture; of cane, osier, or similar materials (other than bamboo or rattan) decreased by -16.7% to 234 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 28% against the previous year.
In value terms, imports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) dropped remarkably to $1.3M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +17.5% 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 +62.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 51% against the previous year. As a result, imports reached the peak of $1.6M, and then shrank remarkably in the following year.
| Import of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 345 | 407 | 501 | 458 | 9.9% |
| Italy | 221 | 267 | 335 | 417 | 23.6% |
| Turkey | 14.6 | 41.5 | 122 | 138 | 111.4% |
| Slovenia | 5.7 | 4.2 | 104 | 95.9 | 156.2% |
| Germany | 8.5 | 47.7 | 72.9 | 51.4 | 82.2% |
| Vietnam | 1.6 | 1.7 | 17.7 | 14.5 | 108.5% |
| Croatia | 50.7 | 107 | 101 | 14.5 | -34.1% |
| Others | 170 | 209 | 381 | 138 | -6.7% |
| Total | 817 | 1,084 | 1,633 | 1,327 | 17.5% |
Top Suppliers of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) to Serbia in 2022:
- China (120.8 tons)
- Turkey (54.5 tons)
- Italy (21.7 tons)
- Slovenia (8.0 tons)
- Germany (7.3 tons)
- Vietnam (5.2 tons)
- Croatia (1.6 tons)
Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Serbia
Exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) from Serbia declined to 129 tons in 2022, with a decrease of -10.1% compared with the previous year's figure. Over the period under review, exports showed a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 25%.
In value terms, exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) fell rapidly to $882K in 2022. Overall, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 17%.
| Export of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 60.6 | 34.0 | 145 | 174 | 42.1% |
| Croatia | 102 | 91.2 | 67.1 | 125 | 7.0% |
| Montenegro | 51.3 | 188 | 172 | 116 | 31.3% |
| Bosnia and Herzegovina | 174 | 44.6 | 68.6 | 108 | -14.7% |
| Austria | 6.0 | 1.0 | 34.9 | 44.8 | 95.5% |
| Uzbekistan | N/A | N/A | N/A | 42.7 | 0% |
| North Macedonia | 32.5 | 44.5 | 143 | 40.2 | 7.3% |
| Russia | 1,110 | 448 | 298 | 32.4 | -69.2% |
| Italy | 5.9 | 0.4 | 0.7 | 30.8 | 73.5% |
| France | 57.3 | 37.8 | 36.8 | 21.6 | -27.8% |
| Hungary | 7.0 | 4.6 | 3.8 | 17.8 | 36.5% |
| Slovenia | 2.2 | 0.2 | 3.8 | 9.0 | 59.9% |
| Romania | N/A | N/A | 0.1 | 6.5 | 6400.0% |
| Others | 105 | 88.6 | 173 | 113 | 2.5% |
| Total | 1,715 | 982 | 1,148 | 882 | -19.9% |
Top Export Markets for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) from Serbia in 2022:
- Montenegro (28.7 tons)
- Italy (18.9 tons)
- Croatia (15.5 tons)
- Germany (14.6 tons)
- Bosnia and Herzegovina (13.8 tons)
- Austria (7.7 tons)
- Russia (4.5 tons)
- Hungary (3.0 tons)
- Uzbekistan (2.9 tons)
- North Macedonia (2.8 tons)
- Slovenia (2.8 tons)
- France (2.5 tons)
- Romania (2.4 tons)
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