Price for Furniture; of Bamboo or Rattan in Libya - 2022
Contents:
- Price for Furniture; of Bamboo or Rattan in Libya (CIF) - 2022
- Imports of Furniture; of Bamboo or Rattan in Libya
Price for Furniture; of Bamboo or Rattan in Libya (CIF) - 2022
In 2022, the average import price for furniture; of bamboo or rattan amounted to $4,013 per ton, with an increase of 11% against the previous year. Over the period under review, the import price, however, showed a noticeable curtailment. The growth pace was the most rapid in 2016 an increase of 89% against the previous year. The import price peaked at $8,615 per ton in 2017; however, from 2018 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 Italy ($18,280 per ton), while the price for Indonesia ($1,554 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+61.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Furniture; of Bamboo or Rattan in Libya
In 2022, after three years of growth, there was significant decline in overseas purchases of furniture; of bamboo or rattan, when their volume decreased by -6.7% to 5.3 tons. The total import volume increased at an average annual rate of +7.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 15% against the previous year. As a result, imports attained the peak of 5.7 tons, and then shrank in the following year.
In value terms, furniture; of bamboo or rattan imports expanded modestly to $21K in 2022. Overall, imports showed a perceptible shrinkage.
| Import of Furniture; of Bamboo or Rattan in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 17.4 | 17.7 | 17.5 | 19.1 | 3.2% |
| Italy | 4.5 | 3.1 | 2.0 | 1.5 | -30.7% |
| Tunisia | 0.7 | 0.4 | 0.3 | 0.2 | -34.1% |
| Indonesia | 0.6 | 0.4 | 0.3 | 0.2 | -30.7% |
| Thailand | 0.4 | 0.3 | 0.3 | 0.2 | -20.6% |
| Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Total | 23.7 | 22.0 | 20.4 | 21.2 | -3.6% |
Top Suppliers of Furniture; of Bamboo or Rattan to Libya in 2022:
- China (4926.0 kg)
- Indonesia (130.0 kg)
- Tunisia (88.0 kg)
- Italy (82.0 kg)
- Thailand (57.0 kg)
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