Wood; Clothes Hangers Price in Algeria - 2022

Contents:

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

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

In 2022, the average wood; clothes hangers import price amounted to $6,963 per ton, increasing by 61% against the previous year. Overall, the import price recorded resilient growth. The growth pace was the most rapid in 2018 when the average import price increased by 67% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($12,588 per ton), while the price for Indonesia ($3,659 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average wood; clothes hangers export price amounted to $6,000 per ton, jumping by 48% against the previous year. Over the period under review, the export price, however, continues to indicate a deep contraction. Over the period under review, the average export prices reached the peak figure at $11,286 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($6,714 per ton), while the average price for exports to Ethiopia ($3,000 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 Cote d'Ivoire (-1.9%).

Wood; Clothes Hangers Imports in Algeria

In 2022, wood; clothes hangers imports into Algeria skyrocketed to 25 tons, with an increase of 27% compared with 2021 figures. Overall, imports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 110%. As a result, imports reached the peak of 67 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, wood; clothes hangers imports surged to $175K in 2022. In general, imports showed a resilient expansion.

Import of Wood; Clothes Hangers in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia42.556.935.593.930.2%
China38.614826.623.5-15.2%
Hong Kong SAR8.28.33.97.8-1.7%
Taiwan (Chinese)2.43.72.67.747.5%
Turkey1.21.31.73.948.1%
United Kingdom2.22.51.63.921.0%
Spain7.311.70.62.8-27.3%
Indonesia0.50.70.51.440.9%
Others29.331.312.930.21.0%
Total13226585.81759.9%

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

  1. Malaysia (14.5 tons)
  2. China (4.1 tons)
  3. Taiwan (Chinese) (1.7 tons)
  4. United Kingdom (0.8 tons)
  5. Turkey (0.6 tons)
  6. Hong Kong SAR (0.6 tons)
  7. Indonesia (0.4 tons)
  8. Spain (0.4 tons)

Wood; Clothes Hangers Exports in Algeria

In 2022, approx. 9 kg of wood; clothes hangerses were exported from Algeria; with a decrease of -50% on 2021 figures. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 350%. As a result, the exports attained the peak of 18 kg, and then contracted rapidly in the following year.

In value terms, wood; clothes hangers exports fell markedly to $54 in 2022. In general, exports, however, posted significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 115% against the previous year. As a result, the exports attained the peak of $73, and then shrank notably in the following year.

Export of Wood; Clothes Hangers in Algeria (USD)
COUNTRY2019202020212022CAGR,
2019-2022
OmanN/AN/AN/A47.00%
Cote d'Ivoire11.020.019.04.0-28.6%
Ethiopia19.014.013.03.0-46.0%
AngolaN/AN/A41.0N/A0%
OthersN/AN/AN/AN/A0%
Total30.034.073.054.021.6%

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

  1. Oman (7.0 kg)
  2. Cote d'Ivoire (1.0 kg)
  3. Ethiopia (1.0 kg)

Source: IndexBox Market Intelligence Platform

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