Wood; Clothes Hangers Price in Estonia - 2023

Contents:

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

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

In 2022, the average wood; clothes hangers import price amounted to $5,174 per ton, with a decrease of -2.5% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.5% 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 decreased by +0.6% against 2020 indices. The growth pace was the most rapid in 2014 an increase of 44%. Over the period under review, average import prices hit record highs at $5,811 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Lithuania ($9,027 per ton), while the price for Turkey ($1,812 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average wood; clothes hangers export price stood at $8,552 per ton in 2022, reducing by -8.1% against the previous year. Overall, the export price, however, continues to indicate pronounced growth. The pace of growth appeared the most rapid in 2020 an increase of 112%. As a result, the export price reached the peak level of $16,617 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($9,686 per ton), while the average price for exports to Latvia ($7,597 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 Russia (+16.2%), while the prices for the other major destinations experienced more modest paces of growth.

Wood; Clothes Hangers Imports in Estonia

For the fourth consecutive year, Estonia recorded growth in overseas purchases of wood; clothes hangerses, which increased by 33% to 95 tons in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +19.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.5% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, wood; clothes hangers imports surged to $492K in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +18.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.9% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Wood; Clothes Hangers in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia2.6106164159294.0%
Poland39.327.629.083.628.6%
Netherlands1.77.010.670.0245.3%
China16956.037.056.8-30.5%
Finland15.145.961.547.646.6%
Lithuania7.653.822.116.228.7%
France12.013.114.66.9-16.8%
Sweden34.47.45.86.7-42.0%
Others16.227.634.444.640.2%
Total29834437949218.2%

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

  1. Latvia (31.5 tons)
  2. Poland (21.0 tons)
  3. Netherlands (15.8 tons)
  4. China (9.7 tons)
  5. Finland (7.0 tons)
  6. Lithuania (1.8 tons)
  7. Sweden (1.5 tons)
  8. France (0.8 tons)

Wood; Clothes Hangers Exports in Estonia

In 2022, exports of wood; clothes hangerses from Estonia dropped significantly to 2 tons, waning by -38% on 2021 figures. Over the period under review, exports faced a significant contraction. The smallest decline of -5.8% was in 2021.

In value terms, wood; clothes hangers exports declined significantly to $17K in 2022. In general, exports showed a deep slump. The most prominent rate of growth was recorded in 2020 when exports increased by 78%. As a result, the exports attained the peak of $57K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Wood; Clothes Hangers in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia16.014.213.811.0-11.7%
Finland3.42.85.24.59.8%
Lithuania0.81.10.60.4-20.6%
Sweden1.00.50.60.1-53.6%
Russia8.635.69.2N/A3.4%
FranceN/A2.6N/AN/A0%
Others2.30.20.71.2-19.5%
Total32.157.030.117.2-18.8%

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

  1. Latvia (1445.0 kg)
  2. Finland (462.0 kg)
  3. Lithuania (44.0 kg)
  4. Sweden (13.0 kg)

Source: IndexBox Market Intelligence Platform

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