Wood; Clothes Hangers Price in Belgium - 2023

Contents:

  1. Wood; Clothes Hangers Price in Belgium (CIF) - 2022
  2. Wood; Clothes Hangers Price in Belgium (FOB) - 2023
  3. Wood; Clothes Hangers Imports in Belgium
  4. Wood; Clothes Hangers Exports in Belgium

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

The average wood; clothes hangers import price stood at $4,574 per ton in 2022, growing by 20% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($30,674 per ton), while the price for Denmark ($3,563 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+21.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Wood; Clothes Hangers Price in Belgium (FOB) - 2023

In August 2023, the average wood; clothes hangers export price amounted to $5,384 per ton, which is down by -1.6% against the previous month. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 77% month-to-month. The export price peaked at $6,180 per ton in April 2023; however, from May 2023 to August 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was Italy ($11,355 per ton), while the average price for exports to Lebanon ($585 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.

Wood; Clothes Hangers Imports in Belgium

For the fourth consecutive year, Belgium recorded growth in overseas purchases of wood; clothes hangerses, which increased by 9.5% to 2.7K tons in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +15.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 32%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, wood; clothes hangers imports surged to $12M in 2022. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 40%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.

Import of Wood; Clothes Hangers in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.93.45.07.3100.9%
Romania0.91.42.32.642.4%
Netherlands2.41.81.11.2-20.6%
France0.20.20.40.535.7%
Denmark0.10.10.20.226.0%
Germany0.30.20.10.2-12.6%
Others0.50.20.30.1-41.5%
Total5.27.39.312.333.2%

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

  1. China (1423.1 tons)
  2. Romania (728.9 tons)
  3. Netherlands (313.7 tons)
  4. France (89.1 tons)
  5. Germany (61.2 tons)
  6. Denmark (48.0 tons)

Wood; Clothes Hangers Exports in Belgium

In 2022, overseas shipments of wood; clothes hangerses decreased by -1.7% to 1.2K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 358%.

In value terms, wood; clothes hangers exports surged to $7.1M in 2022. Over the period under review, exports, however, saw a significant increase. The growth pace was the most rapid in 2020 when exports increased by 308%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Wood; Clothes Hangers in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands2191,8483,4543,963162.5%
France2447211,1121,58286.5%
Germany8.6179375420265.5%
Ireland2.03.0214332449.6%
Italy63.161.199.527763.7%
Spain71.155.276.177.52.9%
Others16930645241034.4%
Total7773,1735,7827,062108.7%

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

  1. Netherlands (809.2 tons)
  2. France (175.8 tons)
  3. Ireland (71.2 tons)
  4. Italy (61.5 tons)
  5. Germany (61.2 tons)
  6. Spain (12.0 tons)

Source: IndexBox Market Intelligence Platform

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