Price for Bamboo Used Primarily for Plaiting in Thailand - 2023

Contents:

1. Price for Bamboo Used Primarily for Plaiting in Thailand (FOB) - 2023
2. Price for Bamboo Used Primarily for Plaiting in Thailand (CIF) - 2022
3. Exports of Bamboo Used Primarily for Plaiting in Thailand
4. Imports of Bamboo Used Primarily for Plaiting in Thailand

Price for Bamboo Used Primarily for Plaiting in Thailand (FOB) - 2023

The average export price for bamboo used primarily for plaitings stood at $506 per ton in July 2023, therefore, remained relatively stable against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.1%. The growth pace was the most rapid in December 2022 when the average export price increased by 26% m-o-m. Over the period under review, the average export prices attained the maximum at $519 per ton in February 2023; however, from March 2023 to July 2023, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In July 2023, the highest price was recorded for prices to Italy ($518 per ton) and Germany ($465 per ton), while the average price for exports to Spain ($403 per ton) and Israel ($463 per ton) were amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+1.5%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for bamboo used primarily for plaitings stood at $120 per ton in 2022, declining by -15.2% against the previous year. Over the period under review, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.0% 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 decreased by -32.5% against 2019 indices. The pace of growth appeared the most rapid in 2019 an increase of 54%. As a result, import price attained the peak level of $178 per ton. From 2020 to 2022, the average 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 China ($1,324 per ton), while the price for Myanmar ($114 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+36.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Bamboo Used Primarily for Plaiting in Thailand

For the third consecutive year, Thailand recorded decline in shipments abroad of bamboo used primarily for plaitings, which decreased by -5.8% to 4.3K tons in 2022. Over the period under review, exports showed a deep reduction.

In value terms, bamboo used primarily for plaiting exports declined slightly to $2M in 2022. Overall, exports faced a abrupt decrease.

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

1. Italy (3122.0 tons)
2. Spain (570.9 tons)
3. Israel (390.9 tons)
4. United Arab Emirates (178.6 tons)

Imports of Bamboo Used Primarily for Plaiting in Thailand

In 2022, purchases abroad of bamboo used primarily for plaitings was finally on the rise to reach 1.7K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt decrease.

In value terms, bamboo used primarily for plaiting imports skyrocketed to $199K in 2022. In general, imports, however, recorded a abrupt slump.

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

1. Myanmar (1640.3 tons)
2. China (7.6 tons)

Source: IndexBox Market Intelligence Platform