Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Bahrain - 2022
Contents:
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Bahrain (CIF) - 2022
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Bahrain (FOB) - 2022
- Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Bahrain
- Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Bahrain
Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Bahrain (CIF) - 2022
In 2022, the average import price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) amounted to $4,681 per ton, waning by -21% against the previous year. Over the period under review, the import price, however, saw pronounced growth. The pace of growth was the most pronounced in 2013 an increase of 73%. Over the period under review, average import prices reached the peak figure at $5,924 per ton in 2021, and then shrank sharply in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($3,988 per ton) and China ($3,742 per ton), while the price for the United Arab Emirates ($2,875 per ton) and Turkey ($3,419 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+8.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Bahrain (FOB) - 2022
In 2022, the average export price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) amounted to $6,321 per ton, growing by 112% against the previous year. In general, the export price enjoyed a strong expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($21,545 per ton), while the average price for exports to Qatar ($1,863 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 Jordan (+10.1%), 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 Bahrain
In 2022, overseas purchases of furniture; of cane, osier, or similar materials (other than bamboo or rattan) decreased by -14% to 534 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 +1.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 15% against the previous year.
In value terms, imports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) shrank dramatically to $2.5M in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 29% against the previous year. As a result, imports reached the peak of $3.7M, and then shrank remarkably in the following year.
| Import of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,102 | 1,226 | 1,154 | 1,418 | 8.8% |
| Turkey | 134 | 102 | 87.9 | 151 | 4.1% |
| United Arab Emirates | 552 | 376 | 207 | 151 | -35.1% |
| Vietnam | 36.1 | 46.5 | 112 | 87.3 | 34.2% |
| Malaysia | 215 | 111 | 84.3 | 33.7 | -46.1% |
| Others | 417 | 994 | 2,028 | 656 | 16.3% |
| Total | 2,457 | 2,857 | 3,673 | 2,497 | 0.5% |
Top Suppliers of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) to Bahrain in 2022:
- China (379.0 tons)
- United Arab Emirates (52.7 tons)
- Turkey (44.0 tons)
- Vietnam (21.9 tons)
- Malaysia (6.4 tons)
Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Bahrain
In 2022, after two years of decline, there was significant growth in shipments abroad of furniture; of cane, osier, or similar materials (other than bamboo or rattan), when their volume increased by 100% to 31 tons. Over the period under review, exports, however, saw a dramatic contraction.
In value terms, exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) soared to $195K in 2022. In general, exports, however, faced a sharp curtailment.
| Export of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | N/A | N/A | N/A | 74.2 | 0% |
| Kuwait | 151 | 197 | N/A | 62.5 | -25.5% |
| United Arab Emirates | 23.3 | 0.9 | 4.9 | 24.1 | 1.1% |
| Oman | 8.4 | N/A | 4.0 | 17.4 | 27.5% |
| Saudi Arabia | 193 | 68.7 | 34.2 | 8.4 | -64.8% |
| Qatar | N/A | N/A | N/A | 1.8 | 0% |
| Free Zones | 35.0 | 2.6 | N/A | N/A | -92.6% |
| Others | 5.1 | 3.7 | 3.1 | 6.9 | 10.6% |
| Total | 416 | 273 | 46.1 | 195 | -22.3% |
Top Export Markets for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) from Bahrain in 2022:
- Kuwait (10.2 tons)
- United Arab Emirates (7.7 tons)
- Oman (5.8 tons)
- Malaysia (3.4 tons)
- Saudi Arabia (2.3 tons)
- Qatar (1.0 tons)
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