Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Uzbekistan - 2023

Contents:

  1. Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Uzbekistan (CIF) - 2022
  2. Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Uzbekistan (FOB) - 2022
  3. Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Uzbekistan
  4. Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Uzbekistan

Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Uzbekistan (CIF) - 2022

The average import price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) stood at $4,650 per ton in 2022, dropping by -23.4% against the previous year. In general, the import price recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2020 when the average import price increased by 72% against the previous year. As a result, import price attained the peak level of $9,281 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

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 Russia ($8,427 per ton), while the price for China ($3,608 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+13.2%), 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 Uzbekistan (FOB) - 2022

In 2022, the average export price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) amounted to $1,410 per ton, shrinking by -54% against the previous year. Over the period under review, the export price saw a deep contraction. The growth pace was the most rapid in 2019 an increase of 76%. As a result, the export price attained the peak level of $4,084 per ton. From 2020 to 2022, the average export prices remained 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 Arab Emirates ($5,192 per ton), while the average price for exports to Armenia ($51 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+19.1%), 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 Uzbekistan

For the fourth year in a row, Uzbekistan recorded growth in overseas purchases of furniture; of cane, osier, or similar materials (other than bamboo or rattan), which increased by 8.1% to 480 tons in 2022. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 76%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) contracted sharply to $2.2M in 2022. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 160% against the previous year.

Import of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates0.762.582.51,7791264.7%
Russia10135430823231.9%
China333445840109-31.1%
Turkey32415654970.3-39.9%
United KingdomN/AN/A7171.3-99.8%
Germany22.51,1435.4N/A-51.0%
Others11817919443.3-28.4%
Total8992,3402,6952,23435.4%

Top Suppliers of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) to Uzbekistan in 2022:

  1. United Arab Emirates (402.6 tons)
  2. China (30.1 tons)
  3. Russia (27.5 tons)
  4. Turkey (16.2 tons)
  5. United Kingdom (0.3 tons)

Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Uzbekistan

In 2022, the amount of furniture; of cane, osier, or similar materials (other than bamboo or rattan) exported from Uzbekistan surged to 24 tons, rising by 1,001% on 2021. Overall, exports recorded a significant expansion. 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 $34K in 2022. In general, exports saw a significant increase. As a result, the exports attained 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 Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tajikistan1.83.12.020.4124.6%
United Arab EmiratesN/AN/A2.714.1422.2%
ArmeniaN/AN/AN/AN/A0%
Kazakhstan10.6N/A2.1N/A-55.5%
OthersN/A3.8N/AN/A0%
Total12.46.96.834.440.5%

Top Export Markets for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) from Uzbekistan in 2022:

  1. Tajikistan (21.3 tons)
  2. United Arab Emirates (2.7 tons)
  3. Armenia (0.4 tons)

Source: IndexBox Market Intelligence Platform

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