Wood; Clothes Hangers Price in Kuwait - 2021

Contents:

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

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

In 2022, the average wood; clothes hangers import price amounted to $2,359 per ton, shrinking by -30.5% against the previous year. Over the period under review, the import price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 when the average import price increased by 10% against the previous year. As a result, import price reached the peak level of $7,136 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($21,025 per ton), while the price for Saudi Arabia totaled $637 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.5%).

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

The average wood; clothes hangers export price stood at $5,686 per ton in 2022, shrinking by -16.4% against the previous year. Over the period under review, the export price, however, saw a moderate expansion. The most prominent rate of growth was recorded in 2020 an increase of 46%. The export price peaked at $7,020 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($11,670 per ton), while the average price for exports to Jordan ($683 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 Qatar (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Wood; Clothes Hangers Imports in Kuwait

For the fourth year in a row, Kuwait recorded growth in purchases abroad of wood; clothes hangerses, which increased by 27% to 337 tons in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +24.6% 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 +93.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 28% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, wood; clothes hangers imports dropped to $795K in 2022. Overall, imports, however, saw a noticeable descent. The pace of growth appeared the most rapid in 2021 when imports increased by 31% against the previous year. As a result, imports attained the peak of $901K, and then shrank in the following year.

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

1. Saudi Arabia (315.0 tons)
2. China (8.9 tons)

Wood; Clothes Hangers Exports in Kuwait

In 2022, shipments abroad of wood; clothes hangerses increased by 228% to 545 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a dramatic decline.

In value terms, wood; clothes hangers exports surged to $3.1K in 2022. In general, exports, however, showed a sharp shrinkage.

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

1. United Arab Emirates (248.0 kg)
2. Jordan (100.0 kg)
3. Saudi Arabia (97.0 kg)
4. Qatar (51.0 kg)
5. Lebanon (42.0 kg)

Source: IndexBox Market Intelligence Platform