Wood; Clothes Hangers Price in Libya - 2022

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

The average wood; clothes hangers import price stood at $3,398 per ton in 2022, waning by -2% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by 45%. The import price peaked at $4,319 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($16,540 per ton), while the price for Malta ($2,421 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+93.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Wood; Clothes Hangers Imports in Libya

Wood; clothes hangers imports into Libya contracted dramatically to 23 tons in 2022, which is down by -26.9% against the previous year. Overall, imports, however, saw a resilient increase. The pace of growth was the most pronounced in 2021 when imports increased by 138%. As a result, imports attained the peak of 31 tons, and then reduced sharply in the following year.

In value terms, wood; clothes hangers imports reduced markedly to $77K in 2022. Over the period under review, imports, however, posted a remarkable increase. The growth pace was the most rapid in 2021 when imports increased by 131% against the previous year. As a result, imports reached the peak of $107K, and then dropped dramatically in the following year.

Import of Wood; Clothes Hangers in Libya (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	24.2	14.0	62.4	67.2	40.6%
Turkey	20.7	17.1	27.7	6.2	-33.1%
Indonesia	2.6	3.0	3.2	0.9	-29.8%
Malta	1.2	0.9	0.6	0.2	-45.0%
United States	N/A	N/A	5.7	N/A	0%
Others	8.2	11.5	7.9	2.5	-32.7%
Total	56.9	46.5	107	77.0	10.6%