Wood; Clothes Hangers Price in Norway - 2023

Contents:

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

Wood; Clothes Hangers Price in Norway (CIF) - 2023

In September 2023, the average wood; clothes hangers import price amounted to $6,633 per ton, picking up by 31% against the previous month. Over the period under review, import price indicated a measured expansion from September 2022 to September 2023: its price increased at an average monthly rate of +2.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, wood; clothes hangers import price increased by +31.2% against August 2023 indices. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 132% month-to-month. The import price peaked in September 2023.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Sweden ($14,083 per ton), while the price for the Czech Republic ($3,956 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 Sweden (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average wood; clothes hangers export price amounted to $4,219 per ton, which is down by -1.9% against the previous year. Overall, the export price recorded a abrupt downturn. The pace of growth appeared the most rapid in 2014 when the average export price increased by 78% against the previous year. As a result, the export price attained the peak level of $16,204 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($27,196 per ton), while the average price for exports to Sweden stood at $2,881 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iceland (+4.9%), while the prices for the other major destinations experienced mixed trend patterns.

Wood; Clothes Hangers Imports in Norway

After two years of decline, supplies from abroad of wood; clothes hangerses increased by 20% to 593 tons in 2022. In general, imports, however, continue to indicate a abrupt curtailment.

In value terms, wood; clothes hangers imports skyrocketed to $3.6M in 2022. The total import value increased at an average annual rate of +1.5% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Wood; Clothes Hangers in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,9322,6862,5802,877-0.6%
Sweden14999.110920511.2%
Denmark81.843.493.418230.5%
BangladeshN/AN/AN/A1500%
Poland12016.726.014.8-50.2%
Others1711301511862.8%
Total3,4532,9762,9593,6151.5%

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

  1. China (527.4 tons)
  2. Sweden (26.9 tons)
  3. Bangladesh (13.5 tons)
  4. Denmark (10.4 tons)
  5. Poland (3.1 tons)

Wood; Clothes Hangers Exports in Norway

In 2022, overseas shipments of wood; clothes hangerses decreased by -37.4% to 6 tons, falling for the second consecutive year after two years of growth. Overall, exports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2020 with an increase of 173%. As a result, the exports attained the peak of 13 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, wood; clothes hangers exports reduced markedly to $25K in 2022. Over the period under review, exports faced a precipitous decline. The pace of growth appeared the most rapid in 2020 with an increase of 22%. As a result, the exports reached the peak of $69K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Wood; Clothes Hangers in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden8.039.027.616.627.5%
Denmark3.424.99.70.4-51.0%
Iceland40.8N/AN/AN/A0%
Others4.65.23.58.120.8%
Total56.769.140.925.1-23.8%

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

  1. Denmark (undefined tons)
  2. Sweden (5.8 tons)

Source: IndexBox Market Intelligence Platform

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