Wood; Clothes Hangers Price in South Korea - 2022
Contents:
- Wood; Clothes Hangers Price in South Korea (CIF) - 2022
- Wood; Clothes Hangers Price in South Korea (FOB) - 2022
- Wood; Clothes Hangers Imports in South Korea
- Wood; Clothes Hangers Exports in South Korea
Wood; Clothes Hangers Price in South Korea (CIF) - 2022
The average wood; clothes hangers import price stood at $4,582 per ton in December 2022, with a decrease of -4.8% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2022 an increase of 18% month-to-month. Over the period under review, average import prices hit record highs at $5,005 per ton in August 2022; however, from September 2022 to December 2022, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was China ($4,586 per ton), while the price for Vietnam stood at $2,364 per ton.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by China (+0.7%).
Wood; Clothes Hangers Price in South Korea (FOB) - 2022
The average wood; clothes hangers export price stood at $4,993 per ton in 2022, with an increase of 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The growth pace was the most rapid in 2018 when the average export price increased by 28% against the previous year. Over the period under review, the average export prices attained the maximum at $5,602 per ton in 2019; however, from 2020 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 Japan ($13,973 per ton), while the average price for exports to the Dominican Republic ($1,018 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 Japan (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.
Wood; Clothes Hangers Imports in South Korea
In 2022, the amount of wood; clothes hangerses imported into South Korea expanded markedly to 3.2K tons, with an increase of 14% compared with the year before. Over the period under review, imports showed a relatively flat trend pattern.
In value terms, wood; clothes hangers imports stood at $12M in 2022. The total import value increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 8.1%. As a result, imports reached the peak of $13M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Wood; Clothes Hangers in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.3 | 10.6 | 9.3 | 8.7 | -2.2% |
| Vietnam | 1.9 | 1.6 | 0.7 | 1.3 | -11.9% |
| Others | 0.5 | 0.4 | 1.9 | 2.2 | 63.9% |
| Total | 11.6 | 12.6 | 11.9 | 12.3 | 2.0% |
Top Suppliers of Wood; Clothes Hangers to South Korea in 2022:
- China (2.3K tons)
- Vietnam (0.8K tons)
Wood; Clothes Hangers Exports in South Korea
Wood; clothes hangers exports from South Korea reduced to 37 tons in 2022, falling by -10.6% on 2021. Over the period under review, exports recorded a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 8.4%.
In value terms, wood; clothes hangers exports totaled $186K in 2022. In general, exports saw a abrupt downturn.
| Export of Wood; Clothes Hangers in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 84.0 | 37.2 | 12.3 | 34.8 | -25.5% |
| China | 29.1 | 14.7 | 17.0 | 18.0 | -14.8% |
| Vietnam | 7.6 | 29.0 | 5.6 | 11.5 | 14.8% |
| Philippines | 5.5 | 1.8 | 1.3 | 9.4 | 19.6% |
| United States | 15.3 | 3.7 | 17.2 | 9.1 | -15.9% |
| Thailand | 2.5 | 3.0 | 8.1 | 8.8 | 52.1% |
| Dominican Republic | 16.1 | 12.9 | 8.0 | 7.5 | -22.5% |
| Kuwait | 13.9 | 10.5 | 3.0 | 7.3 | -19.3% |
| Brazil | 4.9 | 5.5 | 4.8 | 6.2 | 8.2% |
| Canada | 3.6 | 4.3 | 1.2 | 5.4 | 14.5% |
| Indonesia | 4.1 | 8.3 | 5.0 | 5.4 | 9.6% |
| Mongolia | 2.7 | 3.6 | 1.0 | 1.9 | -11.1% |
| Kyrgyzstan | 4.0 | 2.1 | 0.3 | 1.7 | -24.8% |
| Others | 64.1 | 51.4 | 98.9 | 58.8 | -2.8% |
| Total | 257 | 188 | 184 | 186 | -10.2% |
Top Export Markets for Wood; Clothes Hangers from South Korea in 2022:
- Dominican Republic (7.3 tons)
- China (3.4 tons)
- Vietnam (2.9 tons)
- Japan (2.5 tons)
- Kuwait (2.4 tons)
- Philippines (1.7 tons)
- United States (1.7 tons)
- Brazil (1.6 tons)
- Thailand (1.6 tons)
- Indonesia (1.3 tons)
- Kyrgyzstan (1.1 tons)
- Canada (1.0 tons)
- Mongolia (0.7 tons)
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