Wood; Clothes Hangers Price in Uruguay - 2022

Contents:

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

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

The average wood; clothes hangers import price stood at $5,124 per ton in 2022, increasing by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.1%. The most prominent rate of growth was recorded in 2016 an increase of 30% against the previous year. As a result, import price attained the peak level of $5,146 per ton; afterwards, it flattened through to 2022.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($6,025 per ton), while the price for China totaled $4,960 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+7.0%).

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

The average wood; clothes hangers export price stood at $9,751 per ton in 2022, growing by 22% against the previous year. Over the period under review, the export price showed pronounced growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 63%. The export price peaked at $15,004 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Colombia.

From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +20.5% per year.

Wood; Clothes Hangers Imports in Uruguay

In 2022, the amount of wood; clothes hangerses imported into Uruguay stood at 53 tons, approximately reflecting the previous year's figure. Over the period under review, imports, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 15% against the previous year.

In value terms, wood; clothes hangers imports expanded sharply to $270K in 2022. The total import value increased at an average annual rate of +3.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 29% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Wood; Clothes Hangers in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2251682222534.0%
Indonesia0.1N/A0.15.8287.1%
Others19.918.319.411.5-16.7%
Total2451872422703.3%

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

  1. China (50.9 tons)
  2. Indonesia (1.0 tons)

Wood; Clothes Hangers Exports in Uruguay

In 2022, shipments abroad of wood; clothes hangerses decreased by -93.9% to 10 kg, falling for the second year in a row after two years of growth. Over the period under review, exports saw a precipitous setback. The most prominent rate of growth was recorded in 2020 when exports increased by 37% against the previous year. As a result, the exports attained the peak of 332 kg. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, wood; clothes hangers exports contracted notably to $94 in 2022. In general, exports faced a precipitous shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 89%. As a result, the exports reached the peak of $2K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Wood; Clothes Hangers in Uruguay (USD)
COUNTRY2019202020212022CAGR,
2019-2022
ColombiaN/AN/AN/A81.00%
Argentina336339185N/A-25.8%
Paraguay276375273N/A-0.5%
ChileN/A650N/AN/A0%
Costa Rica395593479N/A10.1%
El SalvadorN/AN/A309N/A0%
Others79.092.060.013.0-45.2%
Total1,0862,0491,30694.0-55.8%

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

  1. Colombia (9.0 kg)

Source: IndexBox Market Intelligence Platform

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