Wood; Clothes Hangers Price in Lithuania - 2023

Contents:

1. Wood; Clothes Hangers Price in Lithuania (CIF) - 2023
2. Wood; Clothes Hangers Price in Lithuania (FOB) - 2022
3. Wood; Clothes Hangers Imports in Lithuania
4. Wood; Clothes Hangers Exports in Lithuania

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

The average wood; clothes hangers import price stood at $6,023 per ton in September 2023, declining by -17.8% against the previous month. Overall, import price indicated slight growth from September 2022 to September 2023: its price increased at an average monthly rate of +1.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, wood; clothes hangers import price increased by +28.4% against June 2023 indices. The most prominent rate of growth was recorded in April 2023 an increase of 57% month-to-month. The import price peaked at $7,332 per ton in August 2023, and then contracted remarkably in the following month.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was China ($30,179 per ton), while the price for Romania ($3,741 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average wood; clothes hangers export price amounted to $12,675 per ton, which is down by -21.5% against the previous year. Over the period under review, the export price, however, showed buoyant growth. The pace of growth was the most pronounced in 2021 an increase of 76%. As a result, the export price attained the peak level of $16,142 per ton, and then contracted sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($44,946 per ton), while the average price for exports to Belarus ($4,414 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 Bulgaria (+16.9%), while the prices for the other major destinations experienced more modest paces of growth.

Wood; Clothes Hangers Imports in Lithuania

In 2022, the amount of wood; clothes hangerses imported into Lithuania surged to 216 tons, jumping by 41% against 2021. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +11.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, wood; clothes hangers imports skyrocketed to $1M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

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

1. Poland (101.0 tons)
2. China (49.3 tons)
3. Romania (24.5 tons)
4. Latvia (22.2 tons)
5. Germany (7.7 tons)
6. Finland (4.5 tons)

Wood; Clothes Hangers Exports in Lithuania

In 2022, approx. 38 tons of wood; clothes hangerses were exported from Lithuania; jumping by 48% compared with the year before. In general, exports, however, continue to indicate a mild curtailment.

In value terms, wood; clothes hangers exports surged to $484K in 2022. Over the period under review, exports showed a strong increase. The most prominent rate of growth was recorded in 2021 when exports increased by 117% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

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

1. Sweden (18.1 tons)
2. Belarus (5.9 tons)
3. Latvia (4.8 tons)
4. Estonia (2.7 tons)
5. Russia (2.2 tons)
6. Denmark (1.2 tons)
7. Kazakhstan (1.0 tons)

Source: IndexBox Market Intelligence Platform