Wood; Clothes Hangers Price in Denmark - 2023

Contents:

1. Wood; Clothes Hangers Price in Denmark (CIF) - 2023
2. Wood; Clothes Hangers Price in Denmark (FOB) - 2023
3. Wood; Clothes Hangers Imports in Denmark
4. Wood; Clothes Hangers Exports in Denmark

Wood; Clothes Hangers Price in Denmark (CIF) - 2023

The average wood; clothes hangers import price stood at $7,648 per ton in August 2023, rising by 2.6% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.2%. The pace of growth appeared the most rapid in June 2023 an increase of 43% month-to-month. Over the period under review, average import prices attained the peak figure at $7,847 per ton in January 2023; however, from February 2023 to August 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($11,918 per ton), while the price for Sweden ($5,785 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Wood; Clothes Hangers Price in Denmark (FOB) - 2023

In August 2023, the average wood; clothes hangers export price amounted to $8,665 per ton, with an increase of 25% against the previous month. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 an increase of 54% m-o-m. The export price peaked at $10,901 per ton in April 2023; however, from May 2023 to August 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was Austria ($16,732 per ton), while the average price for exports to Ireland ($3,878 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.

Wood; Clothes Hangers Imports in Denmark

In 2022, after two years of decline, there was significant growth in overseas purchases of wood; clothes hangerses, when their volume increased by 21% to 1.1K tons. The total import volume increased at an average annual rate of +3.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, wood; clothes hangers imports skyrocketed to $6.9M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.4% 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 +67.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. China (682.8 tons)
2. Sweden (244.3 tons)
3. Germany (55.1 tons)
4. Hong Kong SAR (48.0 tons)

Wood; Clothes Hangers Exports in Denmark

For the fourth year in a row, Denmark recorded growth in shipments abroad of wood; clothes hangerses, which increased by 24% to 542 tons in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +14.2% 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 +49.1% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, wood; clothes hangers exports skyrocketed to $3.5M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +9.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 26% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

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

1. Norway (99.0 tons)
2. Netherlands (62.2 tons)
3. Sweden (52.9 tons)
4. Germany (51.0 tons)
5. Belgium (42.2 tons)
6. France (31.8 tons)
7. Ireland (30.1 tons)
8. Latvia (29.4 tons)
9. Switzerland (24.2 tons)
10. United Kingdom (14.2 tons)
11. Canada (13.8 tons)
12. Iceland (13.8 tons)
13. Poland (8.3 tons)

Source: IndexBox Market Intelligence Platform