Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Italy - 2023
Contents:
- Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Italy (FOB) - 2022
- Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Italy (CIF) - 2023
- Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Italy
- Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Italy
Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Italy (FOB) - 2022
The average export price for articles of apparel and clothing accessories, of leather or of composition leather stood at $121 per unit in 2022, reducing by -21.6% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 15% against the previous year. The export price peaked at $154 per unit in 2021, and then declined markedly in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($350 per unit), while the average price for exports to Hungary ($9.4 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 Switzerland (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Italy (CIF) - 2023
The average import price for articles of apparel and clothing accessories, of leather or of composition leather stood at $47.2 per unit in November 2023, declining by -6.8% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in October 2023 when the average import price increased by 30% month-to-month. As a result, import price attained the peak level of $50.6 per unit, and then contracted in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($176 per unit), while the price for Pakistan ($11.2 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Italy
Exports of articles of apparel and clothing accessories, of leather or of composition leather from Italy soared to 12M units in 2022, picking up by 24% against the year before. The total export volume increased at an average annual rate of +1.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of articles of apparel and clothing accessories, of leather or of composition leather fell modestly to $1.4B in 2022. Over the period under review, exports, however, showed a perceptible decline. The pace of growth was the most pronounced in 2021 when exports increased by 26%. The exports peaked at $1.6B in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Switzerland | 539 | 266 | 310 | 204 | -27.7% |
United States | 131 | 94.0 | 142 | 194 | 14.0% |
China | 72.3 | 70.0 | 193 | 172 | 33.5% |
France | 161 | 136 | 153 | 166 | 1.0% |
Germany | 133 | 105 | 113 | 103 | -8.2% |
South Korea | 54.5 | 45.6 | 58.9 | 90.1 | 18.2% |
Hong Kong SAR | 75.1 | 67.4 | 79.5 | 66.2 | -4.1% |
United Kingdom | 94.6 | 74.9 | 53.0 | 54.7 | -16.7% |
Spain | 37.3 | 25.6 | 33.6 | 36.0 | -1.2% |
Netherlands | 26.6 | 32.1 | 32.0 | 31.8 | 6.1% |
Poland | 15.4 | 13.9 | 20.4 | 22.6 | 13.6% |
Austria | 15.6 | 12.1 | 13.2 | 14.5 | -2.4% |
Hungary | 3.5 | 5.5 | 5.8 | 3.4 | -1.0% |
Others | 257 | 200 | 232 | 245 | -1.6% |
Total | 1,615 | 1,147 | 1,440 | 1,403 | -4.6% |
Top Export Markets for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather from Italy in 2022:
- France (2855.4K units)
- Germany (1447.8K units)
- United States (939.3K units)
- Switzerland (584.5K units)
- Spain (537.7K units)
- Netherlands (501.9K units)
- United Kingdom (495.6K units)
- China (493.5K units)
- Hungary (359.1K units)
- Poland (338.1K units)
- South Korea (311.6K units)
- Hong Kong SAR (274.8K units)
- Austria (227.7K units)
Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Italy
In 2022, approx. 12M units of articles of apparel and clothing accessories, of leather or of composition leather were imported into Italy; with a decrease of -28.7% against the previous year. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 51% against the previous year. As a result, imports attained the peak of 17M units, and then dropped notably in the following year.
In value terms, imports of articles of apparel and clothing accessories, of leather or of composition leather dropped to $376M in 2022. Over the period under review, imports saw a slight shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. Imports peaked at $390M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 68.2 | 55.6 | 57.7 | 64.6 | -1.8% |
France | 66.2 | 50.0 | 63.0 | 60.9 | -2.7% |
Germany | 18.1 | 33.7 | 55.5 | 41.0 | 31.3% |
Vietnam | 19.9 | 13.9 | 19.0 | 26.5 | 10.0% |
China | 20.4 | 14.3 | 16.2 | 21.4 | 1.6% |
Pakistan | 14.6 | 13.3 | 17.5 | 20.2 | 11.4% |
Netherlands | 13.8 | 14.4 | 17.1 | 14.4 | 1.4% |
Spain | 10.1 | 9.6 | 11.3 | 11.1 | 3.2% |
Romania | 7.4 | 14.2 | 12.8 | 10.3 | 11.7% |
Ukraine | 12.1 | 7.1 | 11.8 | 9.8 | -6.8% |
Bosnia and Herzegovina | 4.3 | 2.4 | 3.7 | 4.9 | 4.5% |
Albania | 7.5 | 5.9 | 5.1 | 4.7 | -14.4% |
Others | 127 | 98.4 | 95.7 | 86.1 | -12.2% |
Total | 390 | 333 | 386 | 376 | -1.2% |
Top Suppliers of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather to Italy in 2022:
- India (4939.5K units)
- Pakistan (1372.5K units)
- China (1098.8K units)
- Vietnam (702.3K units)
- France (647.6K units)
- Spain (420.1K units)
- Germany (390.2K units)
- Ukraine (349.4K units)
- Romania (311.9K units)
- Netherlands (310.8K units)
- Bosnia and Herzegovina (187.9K units)
- Albania (182.0K units)
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