Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Uganda - 2022

Contents:

  1. Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Uganda (CIF) - 2022
  2. Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Uganda (FOB) - 2022
  3. Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Uganda
  4. Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Uganda

Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Uganda (CIF) - 2022

The average import price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) stood at $2,109 per ton in 2022, picking up by 9.1% against the previous year. Over the period under review, the import price showed a remarkable increase. The growth pace was the most rapid in 2018 an increase of 69% against the previous year. Over the period under review, average import prices attained the maximum at $2,816 per ton in 2020; however, from 2021 to 2022, 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 Malaysia ($4,494 per ton), while the price for South Korea ($540 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.0%), 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 Uganda (FOB) - 2022

In 2022, the average export price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) amounted to $1,412 per ton, waning by -19.4% against the previous year. In general, the export price recorded a abrupt decrease. The pace of growth appeared the most rapid in 2017 an increase of 105% against the previous year. As a result, the export price attained the peak level of $5,016 per ton. From 2018 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ghana ($2,907 per ton), while the average price for exports to Burundi ($609 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 Ghana (-3.1%), while the prices for the other major destinations experienced a decline.

Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Uganda

In 2022, the amount of furniture; of cane, osier, or similar materials (other than bamboo or rattan) imported into Uganda fell significantly to 285 tons, reducing by -32.5% compared with 2021. In general, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 208% against the previous year. As a result, imports attained the peak of 423 tons, and then shrank significantly in the following year.

In value terms, imports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) shrank significantly to $602K in 2022. Overall, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 111% against the previous year. As a result, imports attained the peak of $817K, and then dropped rapidly in the following year.

Import of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China20014432431416.2%
United Arab Emirates14.117.674.398.791.3%
Malaysia9.522.844.825.138.2%
United States6.99.135.421.947.0%
Kenya1.87.615.518.8118.6%
Turkey6.657.636.312.523.7%
Hong Kong SAR3.16.913.07.333.0%
South Korea6.68.311.06.2-2.1%
United Kingdom9.418.013.12.2-38.4%
Others61.094.725095.316.0%
Total31938781760223.6%

Top Suppliers of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) to Uganda in 2022:

  1. China (169.1 tons)
  2. United Arab Emirates (48.9 tons)
  3. United States (12.9 tons)
  4. South Korea (11.4 tons)
  5. Malaysia (5.6 tons)
  6. Kenya (4.7 tons)
  7. Hong Kong SAR (3.5 tons)
  8. Turkey (3.0 tons)
  9. United Kingdom (1.3 tons)

Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Uganda

In 2022, approx. 21 tons of furniture; of cane, osier, or similar materials (other than bamboo or rattan) were exported from Uganda; which is down by -28.8% on the previous year. Over the period under review, exports saw a abrupt contraction. The pace of growth was the most pronounced in 2021 when exports increased by 915%. As a result, the exports reached the peak of 29 tons, and then contracted significantly in the following year.

In value terms, exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) declined significantly to $29K in 2022. Overall, exports continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2021 when exports increased by 583%.

Export of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ghana19.62.216.311.0-17.5%
South Sudan4.60.67.94.5-0.7%
Democratic Republic of the Congo3.62.49.74.03.6%
Burundi0.40.55.53.197.9%
Rwanda1.70.23.11.3-8.6%
Mozambique0.70.12.21.322.9%
Ethiopia9.00.40.40.9-53.6%
United States4.30.31.50.5-51.2%
Kenya19.30.20.80.2-78.2%
Honduras3.4N/AN/AN/A0%
Others8.60.73.92.5-33.8%
Total75.27.551.229.3-27.0%

Top Export Markets for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) from Uganda in 2022:

  1. South Sudan (5.4 tons)
  2. Burundi (5.2 tons)
  3. Ghana (3.8 tons)
  4. Democratic Republic of the Congo (2.0 tons)
  5. Rwanda (1.8 tons)
  6. Mozambique (1.3 tons)
  7. Ethiopia (0.4 tons)
  8. United States (0.3 tons)
  9. Kenya (0.1 tons)

Source: IndexBox Market Intelligence Platform

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