Wood; Clothes Hangers Price in Colombia - 2022

Contents:

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

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

In February 2022, the average wood; clothes hangers import price amounted to $4,042 per ton, jumping by 136% against the previous month. Overall, the import price enjoyed a noticeable increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for China.

From February 2021 to February 2022, the rate of growth in terms of prices for China amounted to +2.0% per month.

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

The average wood; clothes hangers export price stood at $11,639 per ton in 2022, leveling off at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2019 an increase of 34% against the previous year. The export price peaked at $12,831 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($66,667 per ton), while the average price for exports to Panama ($4,757 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 the Netherlands (+25.7%), while the prices for the other major destinations experienced more modest paces of growth.

Wood; Clothes Hangers Imports in Colombia

Wood; clothes hangers imports into Colombia reduced remarkably to 280 tons in 2022, shrinking by -22.9% on 2021 figures. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +7.9% 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 +40.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 83%. As a result, imports reached the peak of 364 tons, and then declined sharply in the following year.

In value terms, wood; clothes hangers imports contracted notably to $934K in 2022. Overall, imports, however, posted a buoyant increase. The pace of growth was the most pronounced in 2021 when imports increased by 97% against the previous year. As a result, imports reached the peak of $1.2M, and then fell rapidly in the following year.

Import of Wood; Clothes Hangers in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5935971,19490415.1%
Others39.731.646.130.5-8.4%
Total6336281,24093413.8%

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

  1. China (276.5 tons)

Wood; Clothes Hangers Exports in Colombia

In 2022, approx. 607 kg of wood; clothes hangerses were exported from Colombia; declining by -16.2% against the previous year's figure. Overall, total exports indicated a modest increase from 2019 to 2022: its volume increased at an average annual rate of +1.9% 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 +38.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 66% against the previous year. As a result, the exports attained the peak of 724 kg, and then reduced dramatically in the following year.

In value terms, wood; clothes hangers exports contracted sharply to $7.1K in 2022. The total export value increased at an average annual rate of +1.5% 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 with an increase of 52%. As a result, the exports reached the peak of $8.5K, and then declined remarkably in the following year.

Export of Wood; Clothes Hangers in Colombia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ecuador1,8636811,3211,153-14.8%
Guatemala6206117851,04318.9%
United States1654.097575766.2%
Peru9888771,014713-10.3%
NetherlandsN/AN/AN/A5800%
Venezuela862727798534-14.8%
Panama57626.0601466-6.8%
Bolivia14324143536.0-36.9%
Others1,5402,4432,5961,7865.1%
Total6,7575,6108,5257,0681.5%

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

  1. Panama (98.0 kg)
  2. Peru (95.0 kg)
  3. Ecuador (93.0 kg)
  4. Guatemala (79.0 kg)
  5. Netherlands (70.0 kg)
  6. United States (54.0 kg)
  7. Venezuela (19.0 kg)
  8. Bolivia (6.0 kg)

Source: IndexBox Market Intelligence Platform

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