Wood; Clothes Hangers Price in Bangladesh - 2022

Contents:

1. Wood; Clothes Hangers Price in Bangladesh (CIF) - 2022
2. Wood; Clothes Hangers Price in Bangladesh (FOB) - 2022
3. Wood; Clothes Hangers Imports in Bangladesh
4. Wood; Clothes Hangers Exports in Bangladesh

Wood; Clothes Hangers Price in Bangladesh (CIF) - 2022

The average wood; clothes hangers import price stood at $4,580 per ton in 2022, picking up by 2.6% against the previous year. Overall, the import price enjoyed a prominent expansion. The pace of growth was the most pronounced in 2013 an increase of 65% against the previous year. Over the period under review, average import prices reached the maximum at $6,508 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($6,266 per ton), while the price for India ($1,441 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+11.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Wood; Clothes Hangers Price in Bangladesh (FOB) - 2022

The average wood; clothes hangers export price stood at $5,110 per ton in 2022, declining by -19.3% against the previous year. Over the period under review, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wood; clothes hangers export price increased by +41.9% against 2020 indices. The pace of growth appeared the most rapid in 2019 an increase of 87% against the previous year. As a result, the export price reached the peak level of $7,345 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($53,000 per ton), while the average price for exports to Myanmar ($1,715 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 UK (+18.8%), while the prices for the other major destinations experienced more modest paces of growth.

Wood; Clothes Hangers Imports in Bangladesh

In 2022, supplies from abroad of wood; clothes hangerses increased by 18% to 36 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, faced a significant decrease.

In value terms, wood; clothes hangers imports skyrocketed to $167K in 2022. Over the period under review, imports, however, continue to indicate a sharp slump.

Top Suppliers of Wood; Clothes Hangers to Bangladesh in 2022:

1. China (33.6 tons)
2. Hong Kong SAR (2.1 tons)
3. United Arab Emirates (0.5 tons)

Wood; Clothes Hangers Exports in Bangladesh

After three years of growth, overseas shipments of wood; clothes hangerses decreased by -16% to 23 tons in 2022. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 625% against the previous year.

In value terms, wood; clothes hangers exports dropped rapidly to $119K in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 256% against the previous year.

Top Export Markets for Wood; Clothes Hangers from Bangladesh in 2022:

1. Myanmar (6.6 tons)
2. Norway (4.2 tons)
3. Finland (2.0 tons)
4. Hong Kong SAR (1.5 tons)
5. Kuwait (0.5 tons)
6. Angola (0.3 tons)
7. Netherlands (0.2 tons)

Source: IndexBox Market Intelligence Platform