Wood; Clothes Hangers Price in Ethiopia - 2021

Contents:

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

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

The average wood; clothes hangers import price stood at $3,569 per ton in 2022, rising by 38% against the previous year. In general, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +6.0% 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 +38.4% against 2017 indices. The pace of growth appeared the most rapid in 2017 when the average import price increased by 67%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($18,620 per ton), while the price for Sweden ($1,727 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average wood; clothes hangers export price stood at $1,964 per ton in 2022, waning by -49.3% against the previous year. Overall, the export price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2021 an increase of 81% against the previous year. Over the period under review, the average export prices hit record highs at $6,841 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($3,076 per ton), while the average price for exports to Cameroon ($1,277 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 Denmark (+27.9%), while the prices for the other major destinations experienced mixed trend patterns.

Wood; Clothes Hangers Imports in Ethiopia

In 2022, overseas purchases of wood; clothes hangerses were finally on the rise to reach 56 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a noticeable downturn.

In value terms, wood; clothes hangers imports soared to $200K in 2022. Overall, imports showed strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. China (48.6 tons)
2. United States (1.5 tons)
3. Germany (1.5 tons)
4. Belgium (1.3 tons)
5. Sweden (1.2 tons)

Wood; Clothes Hangers Exports in Ethiopia

In 2022, the amount of wood; clothes hangerses exported from Ethiopia skyrocketed to 9.4 tons, picking up by 427% on the previous year's figure. Over the period under review, exports saw 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 soared to $19K in 2022. In general, exports recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 720% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

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

1. Lebanon (7.1 tons)
2. United States (0.9 tons)
3. Cameroon (0.2 tons)

Source: IndexBox Market Intelligence Platform