Wood; Clothes Hangers Price in Bahrain - 2022

Contents:

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

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

In 2022, the average wood; clothes hangers import price amounted to $5,332 per ton, increasing by 34% against the previous year. Overall, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.4% 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 import price increased by +49.2% against 2020 indices. The growth pace was the most rapid in 2014 an increase of 42%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($5,937 per ton), while the price for the United Arab Emirates ($4,657 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.2%), while the prices for the other major suppliers experienced a decline.

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

The average wood; clothes hangers export price stood at $11,477 per ton in 2022, picking up by 225% against the previous year. Over the period under review, the export price enjoyed prominent growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($32,798 per ton), while the average price for exports to Saudi Arabia ($2,414 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 Saudi Arabia (+6.6%).

Wood; Clothes Hangers Imports in Bahrain

In 2022, the amount of wood; clothes hangerses imported into Bahrain reduced to 49 tons, shrinking by -13.4% on the previous year's figure. The total import volume increased at an average annual rate of +3.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 48%. As a result, imports attained the peak of 57 tons, and then declined in the following year.

In value terms, wood; clothes hangers imports surged to $263K in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +6.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +91.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 65% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

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

1. China (39.5 tons)
2. Poland (5.4 tons)
3. United Arab Emirates (3.2 tons)
4. Turkey (0.4 tons)

Wood; Clothes Hangers Exports in Bahrain

In 2022, shipments abroad of wood; clothes hangerses decreased by -87.6% to 451 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted a resilient expansion. The growth pace was the most rapid in 2020 with an increase of 399% against the previous year.

In value terms, wood; clothes hangers exports plummeted to $5.2K in 2022. Over the period under review, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 579%.

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

1. Saudi Arabia (273.0 kg)
2. United Arab Emirates (124.0 kg)
3. Qatar (44.0 kg)

Source: IndexBox Market Intelligence Platform