Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Belgium - 2023
Contents:
- Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Belgium (CIF) - 2022
- Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Belgium (FOB) - 2023
- Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Belgium
- Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Belgium
Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Belgium (CIF) - 2022
In 2022, the average import price for articles of apparel and clothing accessories, of leather or of composition leather amounted to $19 per unit, shrinking by -5.9% against the previous year. In general, the import price recorded a noticeable contraction. The pace of growth appeared the most rapid in 2021 when the average import price increased by 21%. The import price peaked at $27 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($41 per unit), while the price for India ($9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.8%), while the prices for the other major suppliers experienced a decline.
Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Belgium (FOB) - 2023
In November 2023, the average export price for articles of apparel and clothing accessories, of leather or of composition leather amounted to $29.3 per unit, picking up by 12% against the previous month. Overall, the export price recorded a moderate expansion. The pace of growth appeared the most rapid in February 2023 when the average export price increased by 161% against the previous month. The export price peaked in November 2023.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($89.4 per unit), while the average price for exports to Turkey ($11.4 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Belgium
In 2022, purchases abroad of articles of apparel and clothing accessories, of leather or of composition leather decreased by -1.4% to 5.5M units, falling for the second year in a row after two years of growth. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +16.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -13.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 82%. As a result, imports reached the peak of 6.3M units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of articles of apparel and clothing accessories, of leather or of composition leather contracted to $106M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +17.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 62% against the previous year. Imports peaked at $114M in 2021, and then fell in the following year.
Import of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Pakistan | 9.1 | 12.2 | 16.1 | 13.7 | 14.6% |
Netherlands | 12.5 | 13.9 | 12.9 | 13.2 | 1.8% |
India | 3.4 | 11.6 | 13.4 | 12.8 | 55.6% |
Germany | 7.9 | 17.4 | 17.1 | 12.7 | 17.1% |
France | 10.1 | 10.7 | 11.0 | 10.4 | 1.0% |
China | 3.1 | 7.4 | 8.0 | 7.3 | 33.0% |
Italy | 4.9 | 4.7 | 5.9 | 7.2 | 13.7% |
Morocco | 0.1 | 2.6 | 3.6 | 5.4 | 278.0% |
Spain | 3.2 | 3.9 | 3.6 | 2.8 | -4.4% |
Sweden | 2.4 | 2.0 | 2.6 | 2.6 | 2.7% |
United Kingdom | 1.3 | 1.2 | 1.7 | 1.8 | 11.5% |
Cambodia | N/A | 4.6 | 1.4 | 1.2 | -48.9% |
Others | 7.7 | 14.1 | 16.6 | 14.5 | 23.5% |
Total | 65.6 | 106 | 114 | 106 | 17.3% |
Top Suppliers of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather to Belgium in 2022:
- India (1431.5K units)
- Pakistan (904.7K units)
- Netherlands (819.9K units)
- China (523.2K units)
- Germany (313.6K units)
- France (311.7K units)
- Morocco (250.1K units)
- United Kingdom (170.0K units)
- Sweden (143.8K units)
- Cambodia (122.2K units)
- Spain (106.0K units)
- Italy (103.5K units)
Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Belgium
Exports of articles of apparel and clothing accessories, of leather or of composition leather from Belgium amounted to 4.5M units in 2022, flattening at 2021. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 233%. As a result, the exports attained the peak of 5.1M units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of articles of apparel and clothing accessories, of leather or of composition leather reduced to $85M in 2022. Over the period under review, exports showed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 218%. Over the period under review, the exports of attained the peak figure at $92M in 2021, and then contracted in the following year.
Export of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 11.4 | 35.3 | 32.8 | 29.0 | 36.5% |
Germany | 1.7 | 12.3 | 17.1 | 15.0 | 106.6% |
Netherlands | 3.3 | 13.9 | 10.8 | 12.1 | 54.2% |
Italy | 1.0 | 3.2 | 4.0 | 3.7 | 54.7% |
Spain | 1.4 | 2.6 | 3.3 | 3.5 | 35.7% |
Poland | 0.3 | 2.7 | 3.3 | 2.8 | 110.5% |
United Kingdom | 2.1 | 3.5 | 1.8 | 1.6 | -8.7% |
Turkey | 0.3 | 0.8 | 0.6 | 0.8 | 38.7% |
Others | 5.2 | 11.0 | 17.8 | 16.5 | 46.9% |
Total | 26.8 | 85.2 | 91.5 | 85.1 | 47.0% |
Top Export Markets for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather from Belgium in 2022:
- France (2099.4K units)
- Germany (690.5K units)
- Netherlands (549.2K units)
- Italy (320.4K units)
- Spain (124.0K units)
- Poland (116.8K units)
- Turkey (92.1K units)
- United Kingdom (26.7K units)
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