Price for Bamboo Used Primarily for Plaiting in New Zealand - 2023

Contents:

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

Price for Bamboo Used Primarily for Plaiting in New Zealand (CIF) - 2022

In 2022, the average import price for bamboo used primarily for plaitings amounted to $1,423 per ton, with an increase of 8.7% against the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bamboo used primarily for plaiting import price increased by +60.4% against 2018 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 36%. The import price peaked in 2022 and is likely to continue growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +4.0% per year.

Price for Bamboo Used Primarily for Plaiting in New Zealand (FOB) - 2022

In 2022, the average export price for bamboo used primarily for plaitings amounted to $1,576 per ton, surging by 76% against the previous year. Overall, the export price, however, continues to indicate a perceptible downturn. The export price peaked at $2,254 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($6,173 per ton), while the average price for exports to Australia ($522 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 the United States (-8.2%), while the prices for the other major destinations experienced a decline.

Imports of Bamboo Used Primarily for Plaiting in New Zealand

In 2022, approx. 153 tons of bamboo used primarily for plaitings were imported into New Zealand; shrinking by -60.3% compared with the previous year's figure. Overall, imports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 24%.

In value terms, bamboo used primarily for plaiting imports declined dramatically to $217K in 2022. In general, imports saw a sharp decline. The pace of growth was the most pronounced in 2021 when imports increased by 69%.

Import of Bamboo Used Primarily for Plaiting in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China559282477217-27.1%
Others5.617.627.5N/A121.6%
Total565299505217-27.3%

Top Suppliers of Bamboo Used Primarily for Plaiting to New Zealand in 2022:

  1. China (152.8 tons)

Exports of Bamboo Used Primarily for Plaiting in New Zealand

Bamboo used primarily for plaiting exports from New Zealand reduced dramatically to 4.5 tons in 2022, declining by -71.3% compared with the previous year. Overall, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 10,676% against the previous year. As a result, the exports attained the peak of 16 tons, and then dropped notably in the following year.

In value terms, bamboo used primarily for plaiting exports reduced markedly to $7.1K in 2022. In general, exports, however, showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 13,875%. As a result, the exports reached the peak of $14K, and then shrank dramatically in the following year.

Export of Bamboo Used Primarily for Plaiting in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/A3.34.742.4%
United States0.20.15.61.8108.0%
Australia0.1N/A1.20.681.7%
Hong Kong SARN/AN/A0.8N/A0%
JapanN/AN/A2.4N/A0%
IcelandN/AN/A0.7N/A0%
OthersN/AN/A0.10.10.0%
Total0.30.114.17.1187.1%

Top Export Markets for Bamboo Used Primarily for Plaiting from New Zealand in 2022:

  1. United States (2.5 tons)
  2. Australia (1.2 tons)
  3. United Kingdom (0.8 tons)

Source: IndexBox Market Intelligence Platform

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