Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Indonesia - 2022
Contents:
- Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Indonesia (CIF) - 2022
- Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Indonesia (FOB) - 2022
- Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Indonesia
- Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Indonesia
Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Indonesia (CIF) - 2022
The average import price for articles of apparel, clothing accessories and other articles of furskin stood at $20 per unit in 2022, with a decrease of -37.8% against the previous year. Overall, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2013 when the average import price increased by 118% against the previous year. Over the period under review, average import prices reached the maximum at $327 per unit in 2014; however, from 2015 to 2022, import prices remained at a 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 South Korea ($504 per unit), while the price for Argentina ($11 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+47.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Indonesia (FOB) - 2022
In 2022, the average export price for articles of apparel, clothing accessories and other articles of furskin amounted to $29 per unit, surging by 53% against the previous year. Overall, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for articles of apparel, clothing accessories and other articles of furskin increased by +78.0% against 2020 indices. Over the period under review, the average export prices attained the peak figure at $31 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
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 the Netherlands ($46 per unit), while the average price for exports to Italy ($20 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 China (+20.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Indonesia
In 2022, imports of articles of apparel, clothing accessories and other articles of furskin into Indonesia skyrocketed to 178K units, growing by 95% on the previous year. Over the period under review, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of articles of apparel, clothing accessories and other articles of furskin surged to $3.6M in 2022. Overall, imports, however, showed a sharp setback. The growth pace was the most rapid in 2021 when imports increased by 64% against the previous year. Imports peaked at $7.9M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.8 | 1.1 | 2.0 | 2.4 | -25.5% |
| Others | 2.1 | 0.7 | 0.9 | 1.2 | -17.0% |
| Total | 7.9 | 1.8 | 2.9 | 3.6 | -23.0% |
Top Suppliers of Articles of Apparel, Clothing Accessories and Other Articles of Furskin to Indonesia in 2022:
- China (172.0K units)
Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Indonesia
In 2022, exports of articles of apparel, clothing accessories and other articles of furskin from Indonesia soared to 43K units, with an increase of 108% against 2021. Over the period under review, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 122% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of articles of apparel, clothing accessories and other articles of furskin surged to $1.2M in 2022. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 70.6 | 21.7 | 200 | 494 | 91.3% |
| Germany | 13.5 | 55.9 | 31.2 | 248 | 163.9% |
| Australia | 16.8 | 21.4 | 32.1 | 155 | 109.7% |
| Denmark | 15.4 | 32.7 | 26.8 | 141 | 109.2% |
| Netherlands | N/A | N/A | 19.2 | 107 | 457.3% |
| Canada | 0.2 | 2.4 | 0.3 | 32.1 | 443.4% |
| Maldives | 6.3 | 0.3 | N/A | 30.8 | 69.7% |
| Tunisia | N/A | 9.3 | N/A | N/A | 0% |
| Egypt | N/A | N/A | 12.2 | N/A | 0% |
| Others | 50.8 | 8.0 | 70.9 | 38.5 | -8.8% |
| Total | 174 | 152 | 393 | 1,247 | 92.8% |
Top Export Markets for Articles of Apparel, Clothing Accessories and Other Articles of Furskin from Indonesia in 2022:
- United States (17.1K units)
- Germany (8.8K units)
- Australia (5.4K units)
- Denmark (4.9K units)
- Netherlands (2.3K units)
- Canada (1.5K units)
- Maldives (1.1K units)
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