Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Egypt - 2022

Contents:

  1. Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Egypt (CIF) - 2022
  2. Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Egypt (FOB) - 2022
  3. Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Egypt
  4. Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Egypt

Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Egypt (CIF) - 2022

The average import price for articles of apparel, clothing accessories and other articles of furskin stood at $78 per unit in 2022, surging by 4.8% against the previous year. Overall, the import price continues to indicate a measured increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 1,862%. Over the period under review, average import prices hit record highs at $968 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($136 per unit), while the price for China totaled $7.2 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+215.4%), while the prices for the other major suppliers experienced a decline.

Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Egypt (FOB) - 2022

In 2022, the average export price for articles of apparel, clothing accessories and other articles of furskin amounted to $505 per unit, with an increase of 666% against the previous year. In general, the export price showed a resilient expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Iraq.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +37.7% per year.

Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Egypt

In 2022, the amount of articles of apparel, clothing accessories and other articles of furskin imported into Egypt declined rapidly to 803 units, shrinking by -87.3% compared with 2021 figures. In general, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 17,431%. As a result, imports attained the peak of 6.3K units, and then reduced notably in the following year.

In value terms, imports of articles of apparel, clothing accessories and other articles of furskin dropped notably to $63K in 2022. Overall, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 19,719% against the previous year. As a result, imports reached the peak of $472K, and then reduced notably in the following year.

Import of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/A0.347154.81251.5%
China0.3N/AN/A2.8110.5%
Others5.62.10.55.2-2.4%
Total5.82.447262.9121.3%

Top Suppliers of Articles of Apparel, Clothing Accessories and Other Articles of Furskin to Egypt in 2022:

  1. Turkey (403.0 units)
  2. China (394.0 units)

Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Egypt

After three years of growth, overseas shipments of articles of apparel, clothing accessories and other articles of furskin decreased by -99.8% to 1 units in 2022. Over the period under review, exports saw a precipitous curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 423%. Over the period under review, the exports of attained the peak figure at 548 units in 2021, and then dropped dramatically in the following year.

In value terms, exports of articles of apparel, clothing accessories and other articles of furskin contracted dramatically to $505 in 2022. In general, exports faced a dramatic slump. The pace of growth appeared the most rapid in 2020 when exports increased by 371%. Over the period under review, the exports of hit record highs at $36K in 2021, and then fell markedly in the following year.

Export of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IraqN/AN/AN/A0.50%
KenyaN/A4.0N/AN/A0%
Switzerland2.411.732.3N/A266.9%
United Arab EmiratesN/AN/A1.9N/A0%
Singapore0.21.5N/AN/A650.0%
Netherlands0.40.3N/AN/A-25.0%
Others0.70.31.9N/A64.8%
Total3.817.836.10.5-49.1%

Top Export Markets for Articles of Apparel, Clothing Accessories and Other Articles of Furskin from Egypt in 2022:

  1. Iraq (1.0 units)

Source: IndexBox Market Intelligence Platform

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