Wood; Clothes Hangers Price in Bulgaria - 2023

Contents:

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

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

The average wood; clothes hangers import price stood at $3,985 per ton in August 2023, increasing by 15% against the previous month. In general, the import price continues to indicate a modest expansion. The pace of growth was the most pronounced in December 2022 an increase of 239% against the previous month. As a result, import price attained the peak level of $12,017 per ton. From January 2023 to August 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Lithuania ($16,273 per ton), while the price for China ($2,761 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Turkey (+21.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average wood; clothes hangers export price stood at $3,876 per ton in 2022, with an increase of 10% against the previous year. In general, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the average export price increased by 50% against the previous year. The export price peaked at $5,548 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($7,957 per ton), while the average price for exports to Bosnia and Herzegovina ($3,277 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 Italy (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Wood; Clothes Hangers Imports in Bulgaria

For the fourth consecutive year, Bulgaria recorded growth in overseas purchases of wood; clothes hangerses, which increased by 77% to 492 tons in 2022. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, wood; clothes hangers imports skyrocketed to $1.8M in 2022. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. China (321.8 tons)
2. Greece (75.7 tons)
3. Romania (46.4 tons)
4. Italy (14.5 tons)
5. Hungary (12.3 tons)
6. Poland (5.1 tons)
7. Germany (4.6 tons)

Wood; Clothes Hangers Exports in Bulgaria

In 2022, the amount of wood; clothes hangerses exported from Bulgaria surged to 297 tons, picking up by 123% on the previous year's figure. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 203%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, wood; clothes hangers exports soared to $1.2M in 2022. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 158% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

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

1. Romania (97.2 tons)
2. Greece (50.7 tons)
3. Serbia (50.7 tons)
4. Bosnia and Herzegovina (33.4 tons)
5. Italy (28.5 tons)
6. Georgia (10.8 tons)
7. Kosovo (7.5 tons)

Source: IndexBox Market Intelligence Platform