Wood; Clothes Hangers Price in Ghana - 2022

Contents:

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

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

In 2022, the average wood; clothes hangers import price amounted to $2,093 per ton, dropping by -9.4% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 204%. As a result, import price reached the peak level of $2,450 per ton. From 2021 to 2022, the average 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 Denmark ($6,343 per ton), while the price for the UK ($180 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+12.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average wood; clothes hangers export price stood at $3,166 per ton in 2022, with an increase of 23% against the previous year. Over the period under review, the export price, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by 72%. The export price peaked at $8,705 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Benin ($29,167 per ton), while the average price for exports to Niger ($500 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 Benin (+21.1%), while the prices for the other major destinations experienced more modest paces of growth.

Wood; Clothes Hangers Imports in Ghana

In 2022, supplies from abroad of wood; clothes hangerses increased by 104% to 19 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a significant curtailment.

In value terms, wood; clothes hangers imports skyrocketed to $41K in 2022. Over the period under review, imports, however, saw a precipitous curtailment.

Import of Wood; Clothes Hangers in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China61.711.24.715.8-36.5%
Denmark7.911.93.85.1-13.6%
Netherlands5.54.51.52.1-27.5%
Thailand2.01.30.40.6-33.1%
United Kingdom1.7N/A0.40.5-33.5%
Turkey1.50.60.10.4-35.6%
United States0.90.70.20.3-30.7%
United Arab Emirates0.70.10.10.1-47.7%
Others35.628.910.815.7-23.9%
Total11759.121.940.5-29.8%

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

  1. China (9.0 tons)
  2. United Kingdom (2.8 tons)
  3. Thailand (1.4 tons)
  4. Turkey (1.2 tons)
  5. Netherlands (1.0 tons)
  6. Denmark (0.8 tons)
  7. United States (0.5 tons)
  8. United Arab Emirates (0.5 tons)

Wood; Clothes Hangers Exports in Ghana

In 2022, exports of wood; clothes hangerses from Ghana shrank significantly to 349 kg, waning by -55.3% against the previous year's figure. Overall, exports faced a precipitous curtailment. The pace of growth was the most pronounced in 2021 with an increase of 474%.

In value terms, wood; clothes hangers exports declined dramatically to $1.1K in 2022. In general, exports saw a sharp decrease. The pace of growth appeared the most rapid in 2021 with an increase of 884% against the previous year.

Export of Wood; Clothes Hangers in Ghana (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Burkina Faso1,34782.0972550-25.8%
Benin83741.0386175-40.6%
Cote d'Ivoire1,48147.0189150-53.4%
Nigeria81.04.032.014.0-44.3%
United States61.03.028.012.0-41.8%
Niger16.01.07.03.0-42.8%
Tanzania15.01.06.03.0-41.5%
Senegal62.0N/AN/AN/A0%
Romania56.0N/AN/AN/A0%
Others43425.0387198-23.0%
Total4,3902042,0071,105-36.9%

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

  1. Burkina Faso (239.0 kg)
  2. Cote d'Ivoire (28.0 kg)
  3. United States (23.0 kg)
  4. Nigeria (19.0 kg)
  5. Tanzania (6.0 kg)
  6. Niger (6.0 kg)
  7. Benin (6.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Wood; clothes hangers - Ghana