Wood; Clothes Hangers Price in Turkey - 2023

Contents:

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

Wood; Clothes Hangers Price in Turkey (FOB) - 2023

In September 2023, the average wood; clothes hangers export price amounted to $11,956 per ton, reducing by -9.7% against the previous month. Overall, export price indicated a perceptible increase from September 2022 to September 2023: its price increased at an average monthly rate of +2.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, wood; clothes hangers export price decreased by -12.3% against July 2023 indices. The pace of growth appeared the most rapid in December 2022 when the average export price increased by 42% m-o-m. As a result, the export price attained the peak level of $14,236 per ton. From January 2023 to September 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Italy ($37,261 per ton), while the average price for exports to Belarus ($3,062 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In September 2023, the average wood; clothes hangers import price amounted to $5,728 per ton, picking up by 12% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in August 2023 when the average import price increased by 73% against the previous month. Over the period under review, average import prices reached the peak figure at $10,852 per ton in February 2023; however, from March 2023 to September 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($19,368 per ton), while the price for Romania ($4,413 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Spain (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Wood; Clothes Hangers Exports in Turkey

In 2022, approx. 280 tons of wood; clothes hangerses were exported from Turkey; jumping by 31% on the year before. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +16.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.4% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, wood; clothes hangers exports soared to $2.6M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +84.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 61% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Wood; Clothes Hangers in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy5315401,05795621.7%
France2891423073779.3%
Russia26.745.552.111864.1%
United Arab Emirates51.355.430.510727.8%
United States74.121.137.510512.3%
Netherlands74.19.536.697.79.7%
Israel22.948.284.097.662.1%
Germany31.432.959.174.133.1%
Iraq78.554.926.846.4-16.1%
Romania16.515.831.243.237.8%
Libya18.616.329.429.016.0%
Tunisia2.14.07.219.9111.6%
Senegal0.7N/A0.38.4128.9%
Others5554415355600.3%
Total1,7721,4272,2942,63814.2%

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

  1. Italy (84.6 tons)
  2. France (19.7 tons)
  3. United States (16.9 tons)
  4. United Arab Emirates (15.3 tons)
  5. Israel (12.7 tons)
  6. Tunisia (10.3 tons)
  7. Iraq (10.1 tons)
  8. Germany (9.3 tons)
  9. Romania (7.3 tons)
  10. Netherlands (7.1 tons)
  11. Russia (6.4 tons)
  12. Senegal (6.2 tons)
  13. Libya (5.3 tons)

Wood; Clothes Hangers Imports in Turkey

In 2022, overseas purchases of wood; clothes hangerses increased by 17% to 225 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a precipitous decline.

In value terms, wood; clothes hangers imports surged to $1.2M in 2022. Overall, imports, however, faced a precipitous setback.

Import of Wood; Clothes Hangers in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,862483186618-30.8%
Poland12628736634840.3%
Italy40.735.145.482.526.6%
Romania36822522678.1-40.4%
IranN/AN/AN/A1.90%
Others44.559.854.368.915.7%
Total2,4411,0908781,197-21.1%

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

  1. China (115.8 tons)
  2. Poland (72.8 tons)
  3. Romania (21.8 tons)
  4. Iran (6.4 tons)
  5. Italy (3.6 tons)

Source: IndexBox Market Intelligence Platform

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