Wood; Clothes Hangers Price in Sri Lanka - 2021
Contents:
- Wood; Clothes Hangers Price in Sri Lanka (FOB) - 2022
- Wood; Clothes Hangers Price in Sri Lanka (CIF) - 2022
- Wood; Clothes Hangers Exports in Sri Lanka
- Wood; Clothes Hangers Imports in Sri Lanka
Wood; Clothes Hangers Price in Sri Lanka (FOB) - 2022
In 2022, the average wood; clothes hangers export price amounted to $14,928 per ton, picking up by 197% against the previous year. Overall, the export price continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 209% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Maldives ($19,909 per ton), while the average price for exports to the United States ($5,727 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 Australia (+15.8%), while the prices for the other major destinations experienced more modest paces of growth.
Wood; Clothes Hangers Price in Sri Lanka (CIF) - 2022
In 2022, the average wood; clothes hangers import price amounted to $4,570 per ton, surging by 25% against the previous year. Over the period under review, the import price posted a buoyant increase. The growth pace was the most rapid in 2019 an increase of 63% against the previous year. As a result, import price attained the peak level of $4,586 per ton; afterwards, it flattened through to 2022.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($6,406 per ton), while the price for Belgium ($2,688 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.6%).
Wood; Clothes Hangers Exports in Sri Lanka
Wood; clothes hangers exports from Sri Lanka shrank notably to 494 kg in 2022, which is down by -85.3% on the previous year's figure. In general, exports showed a dramatic curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 444% against the previous year.
In value terms, wood; clothes hangers exports declined dramatically to $7.4K in 2022. Overall, exports recorded a precipitous descent. The most prominent rate of growth was recorded in 2021 when exports increased by 258%. As a result, the exports attained the peak of $17K, and then contracted sharply in the following year.
| Export of Wood; Clothes Hangers in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 0.6 | 0.1 | 0.9 | 5.1 | 104.1% |
| Maldives | 0.7 | 0.1 | 0.2 | 1.1 | 16.3% |
| Indonesia | 0.1 | N/A | 0.1 | 1.1 | 122.4% |
| United States | 4.4 | 0.4 | N/A | N/A | -90.9% |
| France | 0.4 | N/A | 0.3 | N/A | -13.4% |
| India | 2.1 | 0.5 | 4.3 | N/A | 43.1% |
| Kuwait | 1.8 | 0.3 | 1.6 | N/A | -5.7% |
| Myanmar | 1.3 | N/A | N/A | N/A | 0% |
| Bangladesh | 1.8 | 0.2 | 5.6 | N/A | 76.4% |
| Others | 3.6 | 3.1 | 3.9 | N/A | 4.1% |
| Total | 16.7 | 4.7 | 16.9 | 7.4 | -23.8% |
Top Export Markets for Wood; Clothes Hangers from Sri Lanka in 2022:
- Australia (262.0 kg)
- Indonesia (172.0 kg)
- Maldives (56.0 kg)
- United States (3.0 kg)
Wood; Clothes Hangers Imports in Sri Lanka
In 2022, approx. 20 tons of wood; clothes hangerses were imported into Sri Lanka; increasing by 309% against 2021. Overall, imports continue to indicate a tangible expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, wood; clothes hangers imports skyrocketed to $93K in 2022. Over the period under review, imports enjoyed perceptible growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Wood; Clothes Hangers in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 37.3 | 3.9 | 7.4 | 75.0 | 26.2% |
| Belgium | N/A | N/A | N/A | 9.2 | 0% |
| India | 6.8 | 0.5 | N/A | 5.9 | -4.6% |
| Malaysia | 10.4 | 1.2 | 3.6 | N/A | -41.2% |
| Indonesia | 4.5 | N/A | 0.7 | N/A | -60.6% |
| Taiwan (Chinese) | 8.2 | 1.1 | 3.5 | N/A | -34.7% |
| Others | 18.2 | 1.5 | 3.0 | 2.5 | -48.4% |
| Total | 85.4 | 8.2 | 18.1 | 92.6 | 2.7% |
Top Suppliers of Wood; Clothes Hangers to Sri Lanka in 2022:
- China (16.3 tons)
- Belgium (3.4 tons)
- India (0.3 tons)
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