Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in the United Arab Emirates - 2022
Contents:
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in the United Arab Emirates (CIF) - 2022
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in the United Arab Emirates (FOB) - 2022
- Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in the United Arab Emirates
- Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in the United Arab Emirates
Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) amounted to $7,690 per ton, rising by 6.4% against the previous year. Over the period under review, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) increased by +76.1% against 2017 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 26% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($24,882 per ton), while the price for Malaysia ($1,253 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.2%), 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 United Arab Emirates (FOB) - 2022
The average export price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) stood at $2,036 per ton in 2022, reducing by -37.2% against the previous year. In general, the export price showed a noticeable reduction. The pace of growth was the most pronounced in 2018 an increase of 39% against the previous year. The export price peaked at $3,241 per ton in 2021, and then plummeted in the following year.
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 Kuwait ($4,741 per ton), while the average price for exports to Democratic Republic of the Congo ($390 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 Comoros (+4.3%), 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 the United Arab Emirates
In 2022, imports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) into the United Arab Emirates dropped notably to 5K tons, declining by -55.6% on the previous year's figure. In general, imports showed a abrupt downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 62% against the previous year. As a result, imports reached the peak of 11K tons, and then declined rapidly in the following year.
In value terms, imports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) contracted markedly to $38M in 2022. Overall, imports saw a deep slump. The growth pace was the most rapid in 2021 with an increase of 64%. As a result, imports reached the peak of $81M, and then shrank sharply in the following year.
| Import of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 27.3 | 30.9 | 54.2 | 15.2 | -17.7% |
| Italy | 12.0 | 10.6 | 13.3 | 8.7 | -10.2% |
| India | 1.4 | 1.6 | 2.1 | 4.2 | 44.2% |
| Turkey | 0.8 | 0.6 | 1.4 | 2.1 | 37.9% |
| Vietnam | 0.4 | 0.7 | 0.6 | 1.5 | 55.4% |
| Malaysia | 0.1 | 0.1 | 0.3 | 0.3 | 44.2% |
| Azerbaijan | N/A | N/A | 0.7 | N/A | 0% |
| Others | 9.6 | 5.4 | 8.8 | 6.5 | -12.2% |
| Total | 51.4 | 49.8 | 81.4 | 38.5 | -9.2% |
Top Suppliers of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) to the United Arab Emirates in 2022:
- China (2255.8 tons)
- India (747.1 tons)
- Turkey (563.1 tons)
- Italy (350.7 tons)
- Vietnam (256.1 tons)
- Malaysia (226.3 tons)
Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in the United Arab Emirates
In 2022, the amount of furniture; of cane, osier, or similar materials (other than bamboo or rattan) exported from the United Arab Emirates soared to 11K tons, picking up by 223% compared with the previous year's figure. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) soared to $23M in 2022. Overall, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 1,281 | 1,018 | 1,035 | 2,805 | 29.9% |
| Sudan | N/A | N/A | N/A | 2,065 | 0% |
| Kuwait | 514 | 241 | 673 | 1,928 | 55.4% |
| Qatar | N/A | N/A | N/A | 1,795 | 0% |
| Oman | 1,687 | 1,209 | 1,521 | 1,692 | 0.1% |
| Democratic Republic of the Congo | 194 | 81.3 | 63.0 | 1,194 | 83.3% |
| China | 1.1 | 0.1 | N/A | 686 | 754.4% |
| Djibouti | N/A | N/A | N/A | 617 | 0% |
| Kenya | 60.4 | 39.8 | 55.4 | 582 | 112.8% |
| Comoros | 2.4 | 5.3 | 8.3 | 386 | 443.8% |
| Rwanda | 96.2 | 287 | 148 | 352 | 54.1% |
| Spain | N/A | N/A | 2.3 | 336 | 14508.7% |
| Tanzania | 108 | 47.3 | 151 | 328 | 44.8% |
| Others | 3,268 | 3,610 | 7,820 | 8,490 | 37.5% |
| Total | 7,212 | 6,538 | 11,477 | 23,257 | 47.7% |
Top Export Markets for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) from the United Arab Emirates in 2022:
- Democratic Republic of the Congo (3064.6 tons)
- Saudi Arabia (964.8 tons)
- Qatar (561.8 tons)
- Sudan (542.7 tons)
- Oman (491.1 tons)
- Djibouti (413.4 tons)
- Kuwait (406.6 tons)
- Kenya (333.4 tons)
- Tanzania (266.8 tons)
- Rwanda (264.8 tons)
- Spain (260.4 tons)
- China (257.6 tons)
- Comoros (250.5 tons)
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