Wood; Clothes Hangers Price in South Africa - 2023
Contents:
- Wood; Clothes Hangers Price in South Africa (CIF) - 2022
- Wood; Clothes Hangers Price in South Africa (FOB) - 2022
- Wood; Clothes Hangers Imports in South Africa
- Wood; Clothes Hangers Exports in South Africa
Wood; Clothes Hangers Price in South Africa (CIF) - 2022
In 2022, the average wood; clothes hangers import price amounted to $4,098 per ton, surging by 2% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2019 an increase of 44% against the previous year. Over the period under review, average import prices attained the peak figure at $4,236 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +0.7% per year.
Wood; Clothes Hangers Price in South Africa (FOB) - 2022
The average wood; clothes hangers export price stood at $3,889 per ton in 2022, jumping by 18% against the previous year. In general, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 when the average export price increased by 52% against the previous year. As a result, the export price attained the peak level of $5,334 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Seychelles ($5,628 per ton), while the average price for exports to Mozambique ($2,165 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 Seychelles (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.
Wood; Clothes Hangers Imports in South Africa
In 2022, wood; clothes hangers imports into South Africa expanded remarkably to 125 tons, with an increase of 5.3% compared with the previous year's figure. In general, imports, however, showed a noticeable contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 15%.
In value terms, wood; clothes hangers imports expanded sharply to $512K in 2022. Overall, imports, however, continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year.
| Import of Wood; Clothes Hangers in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 537 | 332 | 412 | 428 | -7.3% |
| Others | 32.4 | 18.2 | 64.3 | 83.9 | 37.3% |
| Total | 569 | 350 | 477 | 512 | -3.5% |
Top Suppliers of Wood; Clothes Hangers to South Africa in 2022:
- China (119.1 tons)
Wood; Clothes Hangers Exports in South Africa
In 2022, overseas shipments of wood; clothes hangerses increased by 27% to 47 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a precipitous shrinkage.
In value terms, wood; clothes hangers exports soared to $182K in 2022. Over the period under review, exports, however, recorded a sharp setback.
| Export of Wood; Clothes Hangers in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 39.9 | 26.7 | 36.7 | 56.9 | 12.6% |
| Botswana | 17.6 | 13.3 | 39.2 | 37.0 | 28.1% |
| Seychelles | 0.1 | 0.7 | 0.4 | 31.7 | 581.8% |
| Zimbabwe | 11.8 | 7.3 | 2.1 | 9.1 | -8.3% |
| Mozambique | 10.9 | 2.2 | 9.1 | 8.4 | -8.3% |
| Lesotho | 19.6 | 6.6 | 5.6 | 7.7 | -26.8% |
| Swaziland | 6.7 | 41.9 | 4.2 | 6.4 | -1.5% |
| Nigeria | 43.1 | 0.1 | 0.5 | 2.9 | -59.3% |
| United Kingdom | 362 | 104 | 0.2 | 0.3 | -90.6% |
| Others | 26.8 | 28.3 | 23.8 | 22.0 | -6.4% |
| Total | 539 | 231 | 122 | 182 | -30.4% |
Top Export Markets for Wood; Clothes Hangers from South Africa in 2022:
- United Kingdom (undefined tons)
- Namibia (14.1 tons)
- Botswana (12.0 tons)
- Seychelles (5.6 tons)
- Mozambique (3.9 tons)
- Lesotho (2.4 tons)
- Zimbabwe (2.1 tons)
- Swaziland (1.9 tons)
- Nigeria (0.5 tons)
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