Wood; Clothes Hangers Price in Indonesia - 2022

Contents:

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

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

The average wood; clothes hangers import price stood at $6,475 per ton in March 2022, growing by 17% against the previous month. In general, import price indicated temperate growth from March 2021 to March 2022: 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 March 2022 figures, wood; clothes hangers import price increased by +74.3% against October 2021 indices. The most prominent rate of growth was recorded in January 2022 when the average import price increased by 41% against the previous month. Over the period under review, average import prices attained the maximum in March 2022.

Prices varied noticeably by the country of origin: the country with the highest price was Hong Kong SAR ($11,558 per ton), while the price for Vietnam ($2,830 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average wood; clothes hangers export price stood at $6,354 per ton in 2022, growing by 9% against the previous year. Over the period under review, the export price recorded a prominent expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 75%. The export price peaked at $7,844 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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 Singapore ($34,262 per ton), while the average price for exports to Senegal ($1,062 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 Singapore (+20.9%), while the prices for the other major destinations experienced more modest paces of growth.

Wood; Clothes Hangers Imports in Indonesia

In 2022, approx. 360 tons of wood; clothes hangerses were imported into Indonesia; which is down by -13.8% against 2021. In general, imports faced a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 4.7% against the previous year.

In value terms, wood; clothes hangers imports soared to $2.1M in 2022. Overall, imports showed a noticeable contraction.

Import of Wood; Clothes Hangers in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,4168941,3891,407-0.2%
Hong Kong SAR476464151364-8.6%
Vietnam15691.6108119-8.6%
South Korea79.612691.699.17.6%
Cambodia11533.121.856.7-21.0%
Others17.210.029.131.222.0%
Total2,2591,6191,7902,077-2.8%

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

  1. China (247.0 tons)
  2. Hong Kong SAR (61.8 tons)
  3. Vietnam (25.8 tons)
  4. South Korea (12.5 tons)
  5. Cambodia (11.9 tons)

Wood; Clothes Hangers Exports in Indonesia

In 2022, overseas shipments of wood; clothes hangerses were finally on the rise to reach 45 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a abrupt decrease.

In value terms, wood; clothes hangers exports surged to $287K in 2022. Over the period under review, exports, however, showed a deep setback.

Export of Wood; Clothes Hangers in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States45.415324.963.111.6%
Singapore10853.151.861.0-17.3%
Papua New Guinea18.016.842.039.129.5%
Japan52.429.126.030.7-16.3%
Vietnam4.20.813.512.644.2%
Netherlands23.612.17.512.3-19.5%
Senegal20.28.15.79.7-21.7%
Nigeria6.33.38.37.76.9%
Spain2.67.58.07.542.4%
Belgium0.124.21.37.2316.0%
Thailand18.83.0N/A6.1-31.3%
South Korea0.20.24.64.2175.9%
China3.00.24.54.111.0%
Others19648.633.121.9-51.8%
Total499360231287-16.8%

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

  1. Senegal (9.1 tons)
  2. United States (6.4 tons)
  3. Japan (3.3 tons)
  4. Thailand (3.3 tons)
  5. Belgium (3.2 tons)
  6. Netherlands (3.1 tons)
  7. Spain (2.6 tons)
  8. Papua New Guinea (2.1 tons)
  9. Nigeria (2.1 tons)
  10. Singapore (1.8 tons)
  11. Vietnam (1.3 tons)
  12. China (1.0 tons)
  13. South Korea (1.0 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Wood; clothes hangers - Indonesia