Wood; Clothes Hangers Price in Australia - 2023
Contents:
- Wood; Clothes Hangers Price in Australia (CIF) - 2022
- Wood; Clothes Hangers Price in Australia (FOB) - 2022
- Wood; Clothes Hangers Imports in Australia
- Wood; Clothes Hangers Exports in Australia
Wood; Clothes Hangers Price in Australia (CIF) - 2022
In 2022, the average wood; clothes hangers import price amounted to $4,451 per ton, increasing by 5.2% against the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wood; clothes hangers import price increased by +18.4% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 40%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.
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 +5.9% per year.
Wood; Clothes Hangers Price in Australia (FOB) - 2022
The average wood; clothes hangers export price stood at $5,058 per ton in 2022, increasing by 22% against the previous year. Over the period under review, the export price saw a modest increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 72% against the previous year. The export price peaked at $5,983 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($5,058 per ton), while the average price for exports to China ($5,058 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 China (+16.1%), while the prices for the other major destinations experienced mixed trend patterns.
Wood; Clothes Hangers Imports in Australia
In 2022, the amount of wood; clothes hangerses imported into Australia was estimated at 1.9K tons, growing by 14% compared with 2021 figures. The total import volume increased at an average annual rate of +1.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, wood; clothes hangers imports soared to $8.3M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +6.9% 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 +65.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 38%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Wood; Clothes Hangers in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.6 | 4.9 | 6.8 | 8.1 | 7.1% |
| Others | 0.2 | 0.1 | 0.2 | 0.2 | 0.0% |
| Total | 6.8 | 5.0 | 6.9 | 8.3 | 6.9% |
Top Suppliers of Wood; Clothes Hangers to Australia in 2022:
- China (1814.1 tons)
Wood; Clothes Hangers Exports in Australia
For the fourth consecutive year, Australia recorded growth in shipments abroad of wood; clothes hangerses, which increased by 40% to 1.1K tons in 2022. Overall, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 372% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, wood; clothes hangers exports surged to $5.7M in 2022. In general, exports recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 291% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Wood; Clothes Hangers in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 29.1 | 819 | 3,240 | 4,143 | 422.2% |
| New Zealand | 183 | 28.4 | 52.5 | 1,360 | 95.1% |
| United Kingdom | N/A | N/A | 3.1 | 116 | 3641.9% |
| Others | 34.2 | 13.5 | 70.1 | 106 | 45.8% |
| Total | 246 | 861 | 3,366 | 5,725 | 185.5% |
Top Export Markets for Wood; Clothes Hangers from Australia in 2022:
- China (819.0 tons)
- New Zealand (268.8 tons)
- United Kingdom (23.0 tons)
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