Wood; Clothes Hangers Price in the UK - 2023

Contents:

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

Wood; Clothes Hangers Price in the UK (CIF) - 2023

The average wood; clothes hangers import price stood at $4,475 per ton in August 2023, reducing by -3.7% against the previous month. Overall, the import price saw a slight slump. The pace of growth was the most pronounced in July 2023 an increase of 19% m-o-m. Over the period under review, average import prices reached the maximum at $5,253 per ton in August 2022; however, from September 2022 to August 2023, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From August 2022 to August 2023, the rate of growth in terms of prices for China amounted to -1.3% per month.

Wood; Clothes Hangers Price in the UK (FOB) - 2022

The average wood; clothes hangers export price stood at $9,975 per ton in 2022, waning by -10.6% against the previous year. Over the period under review, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wood; clothes hangers export price increased by +63.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 83% against the previous year. As a result, the export price attained the peak level of $11,162 per ton, and then shrank in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($12,693 per ton), while the average price for exports to Serbia ($1,785 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 Ireland (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.

Wood; Clothes Hangers Imports in the UK

In 2022, after two years of decline, there was significant growth in overseas purchases of wood; clothes hangerses, when their volume increased by 23% to 4.6K tons. Overall, imports, however, continue to indicate a noticeable reduction.

In value terms, wood; clothes hangers imports surged to $21M in 2022. The total import value increased at an average annual rate of +2.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Wood; Clothes Hangers to the UK in 2022:

1. China (4.4K tons)

Wood; Clothes Hangers Exports in the UK

In 2022, after two years of decline, there was significant growth in shipments abroad of wood; clothes hangerses, when their volume increased by 13% to 206 tons. Over the period under review, exports, however, faced a abrupt slump.

In value terms, wood; clothes hangers exports stood at $2.1M in 2022. Overall, exports, however, recorded a drastic downturn. The growth pace was the most rapid in 2021 when exports increased by 12% against the previous year.

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

1. Ireland (50.6 tons)
2. Germany (33.8 tons)
3. United States (17.7 tons)
4. Netherlands (14.8 tons)
5. France (14.3 tons)
6. Portugal (9.2 tons)
7. China (8.8 tons)
8. Poland (7.9 tons)
9. Latvia (5.5 tons)
10. Serbia (5.2 tons)
11. Spain (4.7 tons)
12. Belgium (4.2 tons)
13. United Arab Emirates (3.5 tons)

Source: IndexBox Market Intelligence Platform