Wood; Clothes Hangers Price in China - 2023
Contents:
- Wood; Clothes Hangers Price in China (FOB) - 2023
- Wood; Clothes Hangers Price in China (CIF) - 2023
- Wood; Clothes Hangers Exports in China
- Wood; Clothes Hangers Imports in China
Wood; Clothes Hangers Price in China (FOB) - 2023
In September 2023, the average wood; clothes hangers export price amounted to $4,159 per ton, increasing by 3.5% against the previous month. Overall, the export price, however, saw a mild contraction. The most prominent rate of growth was recorded in March 2023 an increase of 8.6% against the previous month. The export price peaked at $5,068 per ton in September 2022; however, from October 2022 to September 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Japan ($5,992 per ton), while the average price for exports to France ($2,776 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.
Wood; Clothes Hangers Price in China (CIF) - 2023
In September 2023, the average wood; clothes hangers import price amounted to $23,357 per ton, waning by -51.1% against the previous month. Over the period under review, the import price saw a abrupt shrinkage. The most prominent rate of growth was recorded in May 2023 an increase of 167% month-to-month. The import price peaked at $69,848 per ton in February 2023; however, from March 2023 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Italy ($86,064 per ton), while the price for Japan ($7,191 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (-2.7%), while the prices for the other major suppliers experienced a decline.
Wood; Clothes Hangers Exports in China
In 2022, the amount of wood; clothes hangerses exported from China was estimated at 60K tons, increasing by 14% against the previous year. The total export volume increased at an average annual rate of +3.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, wood; clothes hangers exports surged to $275M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.6% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Wood; Clothes Hangers in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 37.2 | 30.2 | 44.7 | 68.5 | 22.6% |
| United Kingdom | 12.5 | 11.2 | 12.5 | 15.6 | 7.7% |
| Germany | 12.3 | 13.3 | 12.6 | 14.2 | 4.9% |
| Japan | 9.8 | 8.6 | 11.9 | 12.7 | 9.0% |
| Netherlands | 14.8 | 11.3 | 10.6 | 11.7 | -7.5% |
| Spain | 10.8 | 8.6 | 10.0 | 11.6 | 2.4% |
| France | 9.8 | 8.3 | 10.3 | 11.4 | 5.2% |
| Canada | 3.8 | 5.7 | 4.2 | 9.7 | 36.7% |
| South Korea | 7.1 | 8.8 | 8.7 | 9.5 | 10.2% |
| Australia | 5.8 | 5.0 | 5.3 | 7.9 | 10.8% |
| Sweden | 7.7 | 7.1 | 6.8 | 7.0 | -3.1% |
| Russia | 7.7 | 6.7 | 9.8 | 6.2 | -7.0% |
| Poland | 3.3 | 3.9 | 4.1 | 4.8 | 13.3% |
| Others | 44.9 | 39.7 | 58.2 | 84.4 | 23.4% |
| Total | 187 | 168 | 210 | 275 | 13.7% |
Top Export Markets for Wood; Clothes Hangers from China in 2022:
- United States (13.0K tons)
- United Kingdom (4.1K tons)
- Germany (3.8K tons)
- Spain (3.5K tons)
- France (3.2K tons)
- Netherlands (3.2K tons)
- Japan (2.2K tons)
- Australia (2.1K tons)
- Sweden (2.0K tons)
- South Korea (1.9K tons)
- Russia (1.8K tons)
- Canada (1.7K tons)
- Poland (1.7K tons)
Wood; Clothes Hangers Imports in China
After two years of decline, purchases abroad of wood; clothes hangerses increased by 102% to 54 tons in 2022. Over the period under review, imports, however, saw a deep contraction.
In value terms, wood; clothes hangers imports skyrocketed to $2.1M in 2022. Overall, imports recorded a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 80%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Wood; Clothes Hangers in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 809 | 336 | 749 | 945 | 5.3% |
| Serbia | 147 | 46.5 | 149 | 215 | 13.5% |
| France | 91.2 | 41.6 | 104 | 170 | 23.1% |
| United States | 21.6 | 6.4 | 4.1 | 138 | 85.6% |
| Japan | 32.3 | 14.0 | 30.5 | 35.6 | 3.3% |
| Belgium | 1.9 | 1.4 | 3.2 | 7.5 | 58.0% |
| Vietnam | 10.1 | N/A | 0.5 | 3.9 | -27.2% |
| Thailand | 9.4 | 2.3 | 1.6 | 0.6 | -60.0% |
| Indonesia | 5.1 | 1.3 | 0.2 | 0.1 | -73.0% |
| Croatia | 184 | 0.3 | 13.7 | N/A | -72.7% |
| Slovenia | 73.1 | 28.7 | 0.4 | N/A | -92.6% |
| Others | 69.8 | 327 | 394 | 571 | 101.5% |
| Total | 1,454 | 805 | 1,449 | 2,086 | 12.8% |
Top Suppliers of Wood; Clothes Hangers to China in 2022:
- Slovenia (undefined tons)
- Italy (12.9 tons)
- Serbia (4.9 tons)
- United States (2.1 tons)
- France (1.3 tons)
- Belgium (0.9 tons)
- Japan (0.9 tons)
- Vietnam (0.7 tons)
- Thailand (0.2 tons)
- Indonesia (0.1 tons)
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