Wood; Clothes Hangers Price in Cameroon - 2021

Contents:

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

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

In 2022, the average wood; clothes hangers import price amounted to $940 per ton, approximately reflecting the previous year. In general, the import price, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 13% against the previous year. The import price peaked at $1,936 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Taiwan (Chinese) ($1,589 per ton), while the price for Italy ($235 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-1.4%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average wood; clothes hangers export price amounted to $1,110 per ton, growing by 4% against the previous year. In general, the export price, however, recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2020 when the average export price increased by 56%. Over the period under review, the average export prices attained the maximum at $1,838 per ton in 2012; however, from 2013 to 2022, the 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 Central African Republic ($1,291 per ton), while the average price for exports to Congo totaled $640 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Congo (-9.1%).

Wood; Clothes Hangers Imports in Cameroon

In 2022, overseas purchases of wood; clothes hangerses decreased by -4.5% to 150 tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +25.0% 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 +95.1% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 84% against the previous year.

In value terms, wood; clothes hangers imports declined slightly to $141K in 2022. The total import value increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 25% against the previous year.

Import of Wood; Clothes Hangers in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China86.891.111388.20.5%
France0.21.80.616.2332.7%
Italy0.10.50.74.6258.3%
Others22.243.232.032.213.2%
Total1091371461419.0%

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

  1. China (95.6 tons)
  2. France (27.6 tons)
  3. Italy (19.5 tons)

Wood; Clothes Hangers Exports in Cameroon

In 2022, approx. 3.2 tons of wood; clothes hangerses were exported from Cameroon; which is down by -42.3% compared with 2021. Overall, exports, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2021 when exports increased by 587%. As a result, the exports attained the peak of 5.6 tons, and then dropped notably in the following year.

In value terms, wood; clothes hangers exports fell notably to $3.6K in 2022. Over the period under review, exports, however, posted significant growth. The growth pace was the most rapid in 2021 with an increase of 400%. As a result, the exports reached the peak of $6K, and then reduced dramatically in the following year.

Export of Wood; Clothes Hangers in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Central African Republic0.30.73.31.881.7%
Congo1.40.32.11.2-5.0%
Others0.30.20.60.626.0%
Total2.01.26.03.621.6%

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

  1. Congo (1.8 tons)
  2. Central African Republic (1.4 tons)

Source: IndexBox Market Intelligence Platform

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