Wood; Clothes Hangers Price in Morocco - 2022

Contents:

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

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

In December 2022, the average wood; clothes hangers import price amounted to $13,258 per ton, increasing by 67% against the previous month. Over the period under review, the import price enjoyed resilient growth. The pace of growth was the most pronounced in October 2022 an increase of 87% against the previous month. Over the period under review, average import prices reached the peak figure in December 2022.

There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was China ($14,010 per ton), while the price for Romania ($4,040 per ton) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Turkey (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average wood; clothes hangers export price stood at $12,152 per ton in 2022, with an increase of 268% against the previous year. In general, the export price saw prominent growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 the United Arab Emirates ($20,601 per ton), while the average price for exports to Mauritania ($5,788 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 Burkina Faso (+41.9%), while the prices for the other major destinations experienced mixed trend patterns.

Wood; Clothes Hangers Imports in Morocco

In 2022, purchases abroad of wood; clothes hangerses increased by 12% to 93 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a deep downturn.

In value terms, wood; clothes hangers imports surged to $608K in 2022. The total import value increased at an average annual rate of +4.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Wood; Clothes Hangers in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4344203434571.7%
Hong Kong SARN/A0.5N/A40.8803.3%
Spain37.94.78.631.6-5.9%
France26.72.611.528.21.8%
Turkey6.57.86.913.527.6%
Poland11.55.833.88.5-9.6%
Romania8.75.32.97.2-6.1%
Others6.27.911.421.651.6%
Total5314554186084.6%

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

  1. China (68.9 tons)
  2. Spain (8.7 tons)
  3. Hong Kong SAR (4.6 tons)
  4. Turkey (3.2 tons)
  5. France (2.2 tons)
  6. Romania (1.8 tons)
  7. Poland (1.7 tons)

Wood; Clothes Hangers Exports in Morocco

In 2022, after two years of decline, there was significant growth in shipments abroad of wood; clothes hangerses, when their volume increased by 24% to 784 kg. In general, exports, however, showed a abrupt shrinkage.

In value terms, wood; clothes hangers exports soared to $9.5K in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Wood; Clothes Hangers in Morocco (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates2,636N/AN/A3,94814.4%
Spain114N/A21.01,809151.3%
SenegalN/AN/A5001,636227.2%
Mauritania1,1504,1005651,4989.2%
Burkina Faso545N/AN/A374-11.8%
France27.078.046112.0-23.7%
Gabon387N/AN/AN/A0%
Mali400N/AN/AN/A0%
ItalyN/AN/A343N/A0%
CanadaN/AN/A130N/A0%
Others14732462.024919.2%
Total5,4064,5022,0829,52620.8%

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

  1. Mauritania (259.0 kg)
  2. United Arab Emirates (192.0 kg)
  3. Senegal (162.0 kg)
  4. Spain (106.0 kg)
  5. Burkina Faso (31.0 kg)
  6. France (7.0 kg)

Source: IndexBox Market Intelligence Platform

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