Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Ecuador - 2022
Contents:
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Ecuador (CIF) - 2022
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Ecuador (FOB) - 2022
- Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Ecuador
- Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Ecuador
Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Ecuador (CIF) - 2022
The average import price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) stood at $4,106 per ton in 2022, picking up by 30% against the previous year. In general, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% 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 +71.6% against 2019 indices. The import price peaked at $4,395 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Colombia ($17,895 per ton), while the price for Thailand ($2,048 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.5%), 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 Ecuador (FOB) - 2022
In 2022, the average export price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) amounted to $9,729 per ton, surging by 207% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $11,701 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($21,241 per ton), while the average price for exports to the Dominican Republic ($6,502 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 (+12.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Ecuador
In 2022, the amount of furniture; of cane, osier, or similar materials (other than bamboo or rattan) imported into Ecuador contracted rapidly to 475 tons, dropping by -16.4% against 2021. Over the period under review, imports showed a abrupt decrease. The smallest decline of -4.6% was in 2021.
In value terms, imports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) rose sharply to $2M in 2022. The total import value increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by 11%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.
| Import of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,380 | 1,220 | 1,369 | 1,403 | 0.6% |
| Colombia | 34.1 | 23.2 | 65.4 | 132 | 57.0% |
| Thailand | 6.4 | 39.5 | 40.2 | 130 | 172.8% |
| United States | 142 | 99.3 | 76.1 | 104 | -9.9% |
| Spain | 12.4 | 24.8 | 12.7 | 66.6 | 75.1% |
| Others | 252 | 210 | 227 | 116 | -22.8% |
| Total | 1,826 | 1,617 | 1,791 | 1,952 | 2.2% |
Top Suppliers of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) to Ecuador in 2022:
- China (375.6 tons)
- Thailand (63.4 tons)
- Spain (9.0 tons)
- United States (8.2 tons)
- Colombia (7.4 tons)
Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Ecuador
Exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) from Ecuador shrank notably to 7.1 tons in 2022, falling by -89% compared with the year before. Over the period under review, exports showed a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 126%. As a result, the exports attained the peak of 65 tons, and then declined dramatically in the following year.
In value terms, exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) reduced notably to $69K in 2022. In general, exports showed a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 69% against the previous year.
| Export of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Dominican Republic | 0.9 | 1.1 | 12.9 | 33.9 | 235.2% |
| United States | 0.5 | 0.4 | 31.3 | 23.3 | 259.9% |
| Cuba | 0.1 | N/A | N/A | 6.0 | 291.5% |
| Canada | 0.9 | 0.6 | 0.2 | 2.4 | 38.7% |
| Spain | 2.2 | 2.3 | 2.0 | N/A | -4.7% |
| New Zealand | 5.0 | 5.4 | 4.6 | N/A | -4.1% |
| Poland | 188 | 99.3 | 143 | N/A | -12.8% |
| Others | 7.2 | 12.2 | 10.7 | 3.7 | -19.9% |
| Total | 205 | 121 | 205 | 69.2 | -30.4% |
Top Export Markets for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) from Ecuador in 2022:
- Dominican Republic (5.2 tons)
- United States (1.1 tons)
- Cuba (0.5 tons)
- Canada (0.2 tons)
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