Wood; Clothes Hangers Price in Japan - 2023

Contents:

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

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

In September 2023, the average wood; clothes hangers import price amounted to $4,846 per ton, falling by -16.5% against the previous month. Over the period under review, the import price saw a pronounced decrease. The pace of growth was the most pronounced in June 2023 an increase of 25% month-to-month. The import price peaked at $6,506 per ton in September 2022; however, from October 2022 to September 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($12,923 per ton), while the price for China stood at $4,456 per ton.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.1%).

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

The average wood; clothes hangers export price stood at $54,179 per ton in 2022, growing by 13% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 120%. The export price peaked at $57,465 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($69,190 per ton), while the average price for exports to China ($35,704 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 Hong Kong SAR (+0.6%), while the prices for the other major destinations experienced a decline.

Wood; Clothes Hangers Imports in Japan

In 2022, approx. 2.1K tons of wood; clothes hangerses were imported into Japan; dropping by -11.1% against 2021 figures. Overall, imports showed a perceptible downturn. The growth pace was the most rapid in 2021 with an increase of 18% against the previous year. As a result, imports reached the peak of 2.3K tons, and then dropped in the following year.

In value terms, wood; clothes hangers imports dropped modestly to $11M in 2022. Over the period under review, imports recorded a pronounced decrease. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year.

Import of Wood; Clothes Hangers in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11.19.110.110.0-3.4%
Taiwan (Chinese)1.20.60.80.9-9.1%
Others0.70.50.50.4-17.0%
Total13.110.211.311.3-4.8%

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

  1. China (2000.2 tons)
  2. Taiwan (Chinese) (76.5 tons)

Wood; Clothes Hangers Exports in Japan

Wood; clothes hangers exports from Japan soared to 1.5 tons in 2022, with an increase of 19% against the previous year's figure. In general, exports, however, continue to indicate a abrupt decrease.

In value terms, wood; clothes hangers exports skyrocketed to $83K in 2022. Overall, exports recorded a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Wood; Clothes Hangers in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/A7.341.3465.8%
Taiwan (Chinese)5.3N/A8.911.429.1%
China19.04.910.79.2-21.5%
United States10.333.812.96.9-12.5%
South Korea7.82.2N/A4.5-16.8%
Hong Kong SAR16.84.9N/A4.2-37.0%
FranceN/AN/A8.92.1-76.4%
ThailandN/AN/AN/A1.90%
India9.8N/AN/AN/A0%
KuwaitN/A8.45.1N/A-39.3%
Myanmar2.03.0N/AN/A50.0%
ItalyN/AN/A6.8N/A0%
Iraq7.9N/AN/AN/A0%
Others3.32.50.91.6-21.4%
Total82.159.761.583.20.4%

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

  1. United Kingdom (646.0 kg)
  2. China (259.0 kg)
  3. Taiwan (Chinese) (241.0 kg)
  4. United States (128.0 kg)
  5. South Korea (87.0 kg)
  6. Hong Kong SAR (61.0 kg)
  7. Thailand (45.0 kg)
  8. France (36.0 kg)

Source: IndexBox Market Intelligence Platform

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