Wood; Clothes Hangers Price in Azerbaijan - 2023

Contents:

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

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

The average wood; clothes hangers import price stood at $3,333 per ton in 2022, remaining stable against the previous year. Overall, the import price saw a abrupt decrease. The most prominent rate of growth was recorded in 2017 when the average import price increased by 32% against the previous year. The import price peaked at $5,926 per ton in 2012; however, from 2013 to 2022, import prices stood 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 Turkey ($6,010 per ton), while the price for China ($2,924 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average wood; clothes hangers export price amounted to $4,130 per ton, reducing by -23.8% against the previous year. In general, the export price showed a abrupt shrinkage. The pace of growth was the most pronounced in 2018 an increase of 295%. As a result, the export price attained the peak level of $7,409 per ton. From 2019 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 UK ($10,078 per ton), while the average price for exports to Sri Lanka ($636 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+16.8%), while the prices for the other major destinations experienced mixed trend patterns.

Wood; Clothes Hangers Imports in Azerbaijan

Wood; clothes hangers imports into Azerbaijan skyrocketed to 68 tons in 2022, rising by 38% against 2021. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +8.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +91.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, wood; clothes hangers imports soared to $227K in 2022. Overall, imports showed resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 54% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

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

1. China (62.7 tons)
2. Turkey (4.5 tons)

Wood; Clothes Hangers Exports in Azerbaijan

In 2022, approx. 77 kg of wood; clothes hangerses were exported from Azerbaijan; increasing by 15% against the year before. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 2,133%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, wood; clothes hangers exports shrank to $316 in 2022. Overall, exports posted significant growth. The growth pace was the most rapid in 2021 with an increase of 3,200% against the previous year. As a result, the exports attained the peak of $363, and then fell in the following year.

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

1. Georgia (35.0 kg)
2. United Kingdom (13.0 kg)
3. Turkey (10.0 kg)
4. Russia (7.0 kg)
5. Germany (6.0 kg)
6. Sri Lanka (6.0 kg)

Source: IndexBox Market Intelligence Platform