Global market value of bamboo and rattan remains buoyant - with predicted rises in the years to comeThe world market value of bamboo and rattan products (domestic and international) is holding steady, according to statistics compiled by INBAR.

After the financial upheavals of 2008, when sales dropped significantly, data reveals that demand has largely recovered - particularly for woven bamboo and rattan goods and industrialized bamboo products.

Figures taken from the United Nations Comtrade Database reveal that the international trade of bamboo and rattan products amounted to $2.5 billion in 2013 - the latest available figures. The world's most significant export market is the European Union, which accounted for 38 percent of the world's bamboo and rattan imports, and the world's largest producer and exporter of bamboo and rattan remains China.

Major global trends based on available commercial trade figures include:
Future developments

INBAR, in partnership with FAO and China's Customs Authorities, has for the first time helped bring bamboo into global customs classification systems (Harmonized Description and Coding Systems), helping to increase its relevance and visibility in international trade.

Reflecting on the bamboo and rattan trade data, Dr. Hans Friederich, INBAR Director General commented: "With China alone predicting a doubling of its domestic bamboo and rattan market by 2020, and increasing awareness of the 'green' credentials of bamboo, it is highly likely that the trade of bamboo and rattan will continue to hold stable, and very probably grow, during the years to come."

The INBAR report - Overview of International Trade of Bamboo and Rattan Products - can be downloaded here.