Wood; Clothes Hangers Price in Thailand - 2023
Contents:
- Wood; Clothes Hangers Price in Thailand (CIF) - 2022
- Wood; Clothes Hangers Price in Thailand (FOB) - 2022
- Wood; Clothes Hangers Imports in Thailand
- Wood; Clothes Hangers Exports in Thailand
Wood; Clothes Hangers Price in Thailand (CIF) - 2022
The average wood; clothes hangers import price stood at $4,478 per ton in 2022, falling by -3.1% against the previous year. In general, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 an increase of 26% against the previous year. Over the period under review, average import prices hit record highs at $5,471 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +2.5% per year.
Wood; Clothes Hangers Price in Thailand (FOB) - 2022
In 2022, the average wood; clothes hangers export price amounted to $3,017 per ton, falling by -16.2% against the previous year. Overall, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when the average export price increased by 26%. The export price peaked at $5,471 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($26,826 per ton), while the average price for exports to Lao People's Democratic Republic ($1,102 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 Denmark (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.
Wood; Clothes Hangers Imports in Thailand
In 2022, purchases abroad of wood; clothes hangerses was finally on the rise to reach 275 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports continue to indicate a noticeable expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, wood; clothes hangers imports skyrocketed to $1.2M in 2022. Over the period under review, total imports indicated moderate growth from 2019 to 2022: its value increased at an average annual rate of +2.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Wood; Clothes Hangers in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,047 | 694 | 626 | 1,182 | 4.1% |
| Others | 91.0 | 43.9 | 73.9 | 49.3 | -18.5% |
| Total | 1,138 | 738 | 700 | 1,232 | 2.7% |
Top Suppliers of Wood; Clothes Hangers to Thailand in 2022:
- China (274.1 tons)
Wood; Clothes Hangers Exports in Thailand
Wood; clothes hangers exports from Thailand soared to 212 tons in 2022, rising by 43% compared with the previous year's figure. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +6.4% 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 +61.9% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, wood; clothes hangers exports soared to $640K in 2022. Overall, exports, however, recorded a deep slump.
| Export of Wood; Clothes Hangers in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 138 | 61.3 | 121 | 156 | 4.2% |
| Maldives | 82.6 | 35.7 | 71.6 | 125 | 14.8% |
| Myanmar | 17.5 | 24.5 | 26.1 | 94.8 | 75.6% |
| United States | 88.4 | 125 | 68.9 | 59.5 | -12.4% |
| Hong Kong SAR | 33.9 | 18.1 | 23.2 | 48.7 | 12.8% |
| Denmark | 101 | 49.1 | 78.5 | 34.1 | -30.4% |
| Lao People's Democratic Republic | 25.7 | 22.0 | 27.3 | 25.8 | 0.1% |
| United Kingdom | 49.8 | 47.4 | 20.7 | 11.3 | -39.0% |
| Japan | 136 | 87.3 | 41.7 | 8.5 | -60.3% |
| Israel | 63.3 | N/A | N/A | N/A | 0% |
| Others | 146 | 64.0 | 54.0 | 75.6 | -19.7% |
| Total | 883 | 534 | 533 | 640 | -10.2% |
Top Export Markets for Wood; Clothes Hangers from Thailand in 2022:
- Myanmar (59.6 tons)
- Maldives (50.1 tons)
- Cambodia (45.9 tons)
- Lao People's Democratic Republic (23.4 tons)
- United States (9.5 tons)
- Hong Kong SAR (4.2 tons)
- United Kingdom (2.1 tons)
- Denmark (1.3 tons)
- Japan (1.3 tons)
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