Wood; Clothes Hangers Price in India - 2023
Contents:
- Wood; Clothes Hangers Price in India (CIF) - 2023
- Wood; Clothes Hangers Price in India (FOB) - 2022
- Wood; Clothes Hangers Imports in India
- Wood; Clothes Hangers Exports in India
Wood; Clothes Hangers Price in India (CIF) - 2023
In September 2023, the average wood; clothes hangers import price amounted to $1,828 per ton, remaining relatively unchanged against the previous month. Over the period under review, the import price recorded a noticeable decrease. The pace of growth appeared the most rapid in November 2022 an increase of 148% against the previous month. The import price peaked at $4,252 per ton in March 2023; however, from April 2023 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Malaysia ($5,532 per ton), while the price for China stood at $1,697 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+0.2%).
Wood; Clothes Hangers Price in India (FOB) - 2022
The average wood; clothes hangers export price stood at $3,683 per ton in 2022, growing by 24% against the previous year. In general, the export price recorded a significant increase. The pace of growth appeared the most rapid in 2017 an increase of 95%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($10,454 per ton), while the average price for exports to Italy ($858 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 Spain (+33.3%), while the prices for the other major destinations experienced more modest paces of growth.
Wood; Clothes Hangers Imports in India
In 2022, wood; clothes hangers imports into India soared to 929 tons, jumping by 104% on the previous year's figure. Over the period under review, imports saw a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, wood; clothes hangers imports surged to $1.9M in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 103% against the previous year.
| Import of Wood; Clothes Hangers in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,659 | 455 | 887 | 1,702 | 0.9% |
| Hong Kong SAR | 300 | 28.0 | 83.1 | 233 | -8.1% |
| Others | 19.8 | 12.8 | 35.3 | 13.9 | -11.1% |
| Total | 1,979 | 496 | 1,005 | 1,948 | -0.5% |
Top Suppliers of Wood; Clothes Hangers to India in 2022:
- China (877.5 tons)
- Hong Kong SAR (48.3 tons)
Wood; Clothes Hangers Exports in India
In 2022, the amount of wood; clothes hangerses exported from India contracted significantly to 209 tons, with a decrease of -30.6% on the previous year. Overall, exports recorded a deep downturn. The growth pace was the most rapid in 2021 when exports increased by 30%.
In value terms, wood; clothes hangers exports declined to $768K in 2022. Over the period under review, exports recorded a slight decline. The most prominent rate of growth was recorded in 2021 with an increase of 75%. As a result, the exports reached the peak of $896K, and then dropped in the following year.
| Export of Wood; Clothes Hangers in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 399 | 306 | 476 | 408 | 0.7% |
| Spain | 78.0 | 34.5 | 65.8 | 56.4 | -10.2% |
| United Arab Emirates | 7.8 | 14.4 | 46.3 | 39.7 | 72.0% |
| United Kingdom | 18.8 | 18.3 | 46.0 | 39.5 | 28.1% |
| Poland | 0.4 | 0.6 | 42.4 | 36.4 | 349.8% |
| Canada | 25.4 | 41.0 | 31.0 | 27.0 | 2.1% |
| Netherlands | 56.1 | 9.0 | 22.2 | 24.1 | -24.5% |
| Germany | 22.8 | 23.7 | 26.1 | 22.4 | -0.6% |
| Sweden | 0.9 | 1.9 | 24.6 | 21.1 | 186.2% |
| Italy | 9.9 | 2.9 | 8.9 | 7.6 | -8.4% |
| Others | 180 | 58.1 | 107 | 86.4 | -21.7% |
| Total | 799 | 511 | 896 | 768 | -1.3% |
Top Export Markets for Wood; Clothes Hangers from India in 2022:
- United States (86.7 tons)
- Sweden (22.8 tons)
- Poland (22.5 tons)
- United Kingdom (20.9 tons)
- Canada (9.6 tons)
- Italy (8.9 tons)
- United Arab Emirates (5.7 tons)
- Spain (5.4 tons)
- Netherlands (4.3 tons)
- Germany (4.3 tons)
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