Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in the Dominican Republic - 2023
Contents:
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in the Dominican Republic (CIF) - 2022
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in the Dominican Republic (FOB) - 2022
- Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in the Dominican Republic
- Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in the Dominican Republic
Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in the Dominican Republic (CIF) - 2022
The average import price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) stood at $6,472 per ton in 2022, surging by 82% against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($22,666 per ton), while the price for Lithuania ($2,321 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+15.8%), 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 the Dominican Republic (FOB) - 2022
The average export price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) stood at $1,733 per ton in 2022, declining by -71.1% against the previous year. In general, the export price saw a deep setback. The most prominent rate of growth was recorded in 2019 an increase of 162% against the previous year. As a result, the export price reached the peak level of $11,104 per ton. From 2020 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Haiti.
From 2012 to 2022, the rate of growth in terms of prices for France amounted to +4.2% per year.
Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in the Dominican Republic
In 2022, supplies from abroad of furniture; of cane, osier, or similar materials (other than bamboo or rattan) was finally on the rise to reach 42 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a sharp decline.
In value terms, imports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) soared to $269K in 2022. In general, imports, however, faced a dramatic descent.
| Import of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,920 | 103 | 79.5 | 109 | -61.6% |
| United States | 870 | 193 | 0.4 | 108 | -50.1% |
| Spain | 982 | 92.4 | 17.2 | 14.4 | -75.5% |
| Italy | 61.6 | N/A | 9.5 | 12.8 | -40.8% |
| Lithuania | 0.5 | 0.9 | 6.5 | 7.6 | 147.7% |
| Indonesia | 706 | N/A | N/A | 2.8 | -84.2% |
| Colombia | 104 | N/A | N/A | N/A | 0% |
| Portugal | 67.2 | N/A | N/A | N/A | 0% |
| Others | 269 | 9.9 | 21.8 | 14.4 | -62.3% |
| Total | 4,981 | 399 | 135 | 269 | -62.2% |
Top Suppliers of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) to the Dominican Republic in 2022:
- China (21.9 tons)
- United States (13.6 tons)
- Lithuania (3.3 tons)
- Italy (0.7 tons)
- Spain (0.6 tons)
- Indonesia (0.1 tons)
Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in the Dominican Republic
In 2022, approx. 225 kg of furniture; of cane, osier, or similar materials (other than bamboo or rattan) were exported from the Dominican Republic; with a decrease of -98.4% compared with the previous year. Over the period under review, exports faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year.
In value terms, exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) dropped remarkably to $390 in 2022. Overall, exports showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 33% against the previous year.
| Export of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Haiti | N/A | N/A | N/A | 0.4 | 0% |
| United States | 11.4 | 37.0 | 43.5 | N/A | 95.3% |
| Trinidad and Tobago | 1.1 | 15.7 | 12.5 | N/A | 237.1% |
| Bahamas | 248 | N/A | N/A | N/A | 0% |
| Jamaica | 37.0 | 9.3 | 28.4 | N/A | -12.4% |
| Others | 20.0 | 2.1 | 0.9 | N/A | -78.8% |
| Total | 317 | 64.1 | 85.3 | 0.4 | -89.2% |
Top Export Markets for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) from the Dominican Republic in 2022:
- Haiti (225.0 kg)
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