Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Egypt - 2023
Contents:
- Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Egypt (CIF) - 2023
- Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Egypt (FOB) - 2022
- Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Egypt
- Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Egypt
Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Egypt (CIF) - 2023
In November 2023, the average import price for articles of apparel and clothing accessories, of leather or of composition leather amounted to $20.0 per unit, reducing by -29.2% against the previous month. In general, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in June 2023 an increase of 510% m-o-m. As a result, import price reached the peak level of $510 per unit. From July 2023 to November 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($28.1 per unit), while the price for Pakistan totaled $16.3 per unit.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by India (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Egypt (FOB) - 2022
The average export price for articles of apparel and clothing accessories, of leather or of composition leather stood at $88 per unit in 2022, which is down by -36.5% against the previous year. In general, the export price, however, continues to indicate significant growth. The most prominent rate of growth was recorded in 2020 an increase of 745%. The export price peaked at $138 per unit in 2021, and then fell dramatically in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($247 per unit), while the average price for exports to the United Arab Emirates ($12 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+130.4%), 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 Egypt
Imports of articles of apparel and clothing accessories, of leather or of composition leather into Egypt dropped dramatically to 102K units in 2022, reducing by -37.2% against the previous year's figure. Over the period under review, imports continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2021 when imports increased by 59% against the previous year. Imports peaked at 260K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of articles of apparel and clothing accessories, of leather or of composition leather declined rapidly to $3.1M in 2022. Overall, imports continue to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 47%. Imports peaked at $7.7M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 679 | 323 | 1,521 | 847 | 7.6% |
| Pakistan | 1,326 | 668 | 1,293 | 719 | -18.5% |
| China | 3,105 | 1,630 | 627 | 665 | -40.2% |
| Italy | 460 | 283 | 327 | 426 | -2.5% |
| Germany | 543 | 87.2 | 67.1 | 169 | -32.2% |
| India | 207 | 42.7 | 234 | 98.3 | -22.0% |
| South Korea | 0.3 | N/A | 3.6 | 53.7 | 463.6% |
| United Arab Emirates | 123 | 92.8 | 151 | N/A | 10.8% |
| Others | 1,230 | 222 | 682 | 164 | -48.9% |
| Total | 7,672 | 3,349 | 4,908 | 3,141 | -25.7% |
Top Suppliers of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather to Egypt in 2022:
- Pakistan (38.4K units)
- China (24.0K units)
- Turkey (13.1K units)
- Italy (9.1K units)
- India (5.5K units)
- Germany (3.6K units)
- South Korea (3.3K units)
Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Egypt
Exports of articles of apparel and clothing accessories, of leather or of composition leather from Egypt was estimated at 3.1K units in 2022, standing approx. at 2021 figures. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 288% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of articles of apparel and clothing accessories, of leather or of composition leather fell notably to $270K in 2022. Over the period under review, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 979%. The exports peaked at $420K in 2021, and then declined markedly in the following year.
| Export of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | 311 | 172 | -44.7% |
| United Kingdom | 1.5 | 0.2 | 46.5 | 66.4 | 253.7% |
| Yemen | 0.1 | N/A | 28.3 | 10.3 | 368.8% |
| Cyprus | N/A | 2.0 | 11.7 | 6.4 | 78.9% |
| Kenya | N/A | 15.8 | 0.2 | 5.3 | -42.1% |
| United Arab Emirates | 1.7 | 3.3 | 1.8 | 1.2 | -11.0% |
| India | N/A | 27.4 | N/A | N/A | 0% |
| Canada | 0.1 | N/A | N/A | N/A | 0% |
| Others | 1.7 | 5.8 | 20.9 | 8.2 | 69.0% |
| Total | 5.0 | 54.5 | 420 | 270 | 278.0% |
Top Export Markets for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather from Egypt in 2022:
- United States (1478.0 units)
- United Kingdom (1201.0 units)
- Yemen (101.0 units)
- United Arab Emirates (99.0 units)
- Kenya (73.0 units)
- Cyprus (59.0 units)
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