Wood; Clothes Hangers Price in Singapore - 2022

Contents:

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

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

In September 2022, the average wood; clothes hangers import price amounted to $5,494 per ton, growing by 8.3% against the previous month. In general, the import price enjoyed a moderate expansion. The growth pace was the most rapid in June 2022 an increase of 1,481% m-o-m. As a result, import price reached the peak level of $70,344 per ton. From July 2022 to September 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From September 2021 to September 2022, the rate of growth in terms of prices for China amounted to +1.4% per month.

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

The average wood; clothes hangers export price stood at $1,099 per ton in 2022, declining by -73.5% against the previous year. In general, the export price saw a abrupt curtailment. The pace of growth appeared the most rapid in 2017 an increase of 29%. The export price peaked at $8,280 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Myanmar.

From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to -6.3% per year.

Wood; Clothes Hangers Imports in Singapore

In 2022, the amount of wood; clothes hangerses imported into Singapore soared to 503 tons, jumping by 32% against the previous year's figure. Over the period under review, imports, however, recorded a relatively flat trend pattern.

In value terms, wood; clothes hangers imports surged to $3.3M in 2022. Overall, imports continue to indicate a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Wood; Clothes Hangers in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
MyanmarN/AN/AN/A3.30%
China1.70.91.3N/A-12.6%
Italy0.10.1N/AN/A0.0%
Others0.20.20.2N/A0.0%
Total1.91.21.63.320.2%

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

  1. Myanmar (503.4 tons)

Wood; Clothes Hangers Exports in Singapore

In 2022, the amount of wood; clothes hangerses exported from Singapore surged to 119 tons, growing by 246% on 2021. Overall, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, wood; clothes hangers exports declined to $131K in 2022. Over the period under review, exports, however, recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 111% against the previous year. As a result, the exports reached the peak of $143K, and then shrank in the following year.

Export of Wood; Clothes Hangers in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MyanmarN/A0.1N/A1313519.4%
JapanN/A2.666.7N/A2465.4%
Ireland35.6N/AN/AN/A0%
Malaysia19.314.946.4N/A55.1%
Indonesia48.215.31.4N/A-83.0%
Oman5.4N/AN/AN/A0%
Others34.035.028.2N/A-8.9%
Total14267.8143131-2.7%

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

  1. Myanmar (118.9 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Wood; clothes hangers - Singapore