Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Norway - 2024
Contents:
- Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Norway (CIF) - 2024
- Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Norway (FOB) - 2022
- Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Norway
- Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Norway
Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Norway (CIF) - 2024
The average import price for articles of apparel and clothing accessories, of leather or of composition leather stood at $45.1 per unit in January 2024, growing by 20% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.9%. The growth pace was the most rapid in September 2023 an increase of 30% m-o-m. The import price peaked in January 2024.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($96.5 per unit), while the price for Pakistan ($23.4 per unit) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Norway (FOB) - 2022
In 2022, the average export price for articles of apparel and clothing accessories, of leather or of composition leather amounted to $44 per unit, picking up by 3.3% against the previous year. Over the period under review, the export price showed a remarkable increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 65% against the previous year. The export price peaked at $45 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($94 per unit), while the average price for exports to Ukraine ($1.8 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 Poland (+27.7%), 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 Norway
In 2022, the amount of articles of apparel and clothing accessories, of leather or of composition leather imported into Norway rose modestly to 1.5M units, surging by 4.2% against the previous year. In general, imports, however, continue to indicate a pronounced contraction. Over the period under review, imports of hit record highs at 1.6M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of articles of apparel and clothing accessories, of leather or of composition leather expanded modestly to $56M in 2022. The total import value increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 20%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.
| Import of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 16.2 | 13.2 | 16.3 | 15.0 | -2.5% |
| Pakistan | 7.4 | 7.4 | 9.0 | 10.4 | 12.0% |
| India | 7.6 | 7.4 | 7.2 | 7.1 | -2.2% |
| Italy | 5.4 | 4.4 | 5.4 | 5.5 | 0.6% |
| Vietnam | 1.1 | 1.1 | 2.3 | 3.0 | 39.7% |
| Poland | 0.7 | 1.4 | 2.0 | 2.5 | 52.9% |
| Sweden | 1.7 | 1.3 | 2.2 | 1.4 | -6.3% |
| Others | 12.1 | 9.3 | 9.8 | 10.7 | -4.0% |
| Total | 52.3 | 45.4 | 54.3 | 55.6 | 2.1% |
Top Suppliers of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather to Norway in 2022:
- China (513.9K units)
- Pakistan (487.3K units)
- India (181.5K units)
- Italy (69.2K units)
- Vietnam (38.0K units)
- Sweden (36.9K units)
- Poland (27.2K units)
Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Norway
In 2022, after three years of growth, there was significant decline in shipments abroad of articles of apparel and clothing accessories, of leather or of composition leather, when their volume decreased by -7.4% to 98K units. In general, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +12.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +44.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 34% against the previous year. As a result, the exports attained the peak of 106K units, and then dropped in the following year.
In value terms, exports of articles of apparel and clothing accessories, of leather or of composition leather contracted to $4.3M in 2022. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 89%. Over the period under review, the exports of reached the maximum at $4.5M in 2021, and then contracted slightly in the following year.
| Export of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 558 | 638 | 1,772 | 2,330 | 61.0% |
| Germany | 92.9 | 1,895 | 1,314 | 304 | 48.5% |
| Denmark | 190 | 173 | 174 | 169 | -3.8% |
| Iceland | 108 | 45.2 | 154 | 120 | 3.6% |
| Netherlands | 105 | 19.5 | 84.4 | 99.4 | -1.8% |
| United Kingdom | 97.9 | 87.1 | 127 | 75.8 | -8.2% |
| Russia | 79.2 | 45.3 | 45.1 | 52.8 | -12.6% |
| Nigeria | 0.4 | 11.5 | N/A | 49.9 | 399.7% |
| Singapore | 262 | 266 | 85.9 | 46.5 | -43.8% |
| Oman | N/A | 11.2 | 21.8 | 31.2 | 66.9% |
| Ukraine | N/A | N/A | N/A | 14.7 | 0% |
| Pakistan | 94.7 | N/A | N/A | N/A | 0% |
| Others | 273 | 326 | 702 | 994 | 53.8% |
| Total | 1,862 | 3,518 | 4,481 | 4,287 | 32.0% |
Top Export Markets for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather from Norway in 2022:
- Sweden (48.5K units)
- Ukraine (8.1K units)
- Netherlands (6.3K units)
- Oman (4.1K units)
- United Kingdom (3.4K units)
- Germany (3.4K units)
- Iceland (2.7K units)
- Denmark (2.6K units)
- Nigeria (2.4K units)
- Russia (1.3K units)
- Singapore (1.1K units)
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