Price for Rattans Used Primarily for Plaiting in Norway - 2023

Contents:

  1. Price for Rattans Used Primarily for Plaiting in Norway (CIF) - 2022
  2. Price for Rattans Used Primarily for Plaiting in Norway (FOB) - 2022
  3. Imports of Rattans Used Primarily for Plaiting in Norway
  4. Exports of Rattans Used Primarily for Plaiting in Norway

Price for Rattans Used Primarily for Plaiting in Norway (CIF) - 2022

The average import price for rattans used primarily for plaitings stood at $101,822 per ton in 2022, rising by 180% against the previous year. Over the period under review, the import price posted a remarkable increase. As a result, import price reached 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 China ($111,827 per ton), while the price for Sweden ($25,474 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+2.1%), while the prices for the other major suppliers experienced a decline.

Price for Rattans Used Primarily for Plaiting in Norway (FOB) - 2022

In 2022, the average export price for rattans used primarily for plaitings amounted to $40,480 per ton, with a decrease of -27.5% against the previous year. Over the period under review, the export price showed a deep downturn. The export price peaked at $147,244 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

From 2013 to 2022, the rate of growth in terms of prices for Sweden amounted to -1.1% per year.

Imports of Rattans Used Primarily for Plaiting in Norway

In 2022, purchases abroad of rattans used primarily for plaitings decreased by -81.5% to 287 kg for the first time since 2018, thus ending a three-year rising trend. Overall, imports showed a deep downturn. The pace of growth was the most pronounced in 2020 with an increase of 111% against the previous year.

In value terms, rattans used primarily for plaiting imports contracted sharply to $29K in 2022. In general, imports, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2020 with an increase of 130%.

Import of Rattans Used Primarily for Plaiting in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.216.211.527.764.7%
Indonesia0.10.20.51.0115.4%
Sweden6.210.011.50.5-56.8%
Netherlands1.32.89.7N/A173.2%
Others7.219.123.2N/A79.5%
Total21.048.356.429.211.6%

Top Suppliers of Rattans Used Primarily for Plaiting to Norway in 2022:

  1. China (248.0 kg)
  2. Indonesia (20.0 kg)
  3. Sweden (19.0 kg)

Exports of Rattans Used Primarily for Plaiting in Norway

In 2022, the amount of rattans used primarily for plaitings exported from Norway surged to 25 kg, increasing by 150% on the year before. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, rattans used primarily for plaiting exports soared to $1K in 2022. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Rattans Used Primarily for Plaiting in Norway (USD)
COUNTRY20212022CAGR,
2021-2022
Sweden1741,012481.6%
Others384N/A0%
Total5581,01281.4%

Top Export Markets for Rattans Used Primarily for Plaiting from Norway in 2022:

  1. Sweden (25.0 kg)

Source: IndexBox Market Intelligence Platform

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