Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Italy - 2023
Contents:
- Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Italy (FOB) - 2022
- Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Italy (CIF) - 2022
- Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Italy
- Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Italy
Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Italy (FOB) - 2022
In 2022, the average export price for articles of apparel, clothing accessories and other articles of furskin amounted to $1,255 per unit, declining by -8.8% against the previous year. In general, the export price continues to indicate a mild decline. The growth pace was the most rapid in 2013 an increase of 22%. As a result, the export price attained the peak level of $1,732 per unit. From 2014 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($1,959 per unit), while the average price for exports to Poland ($469 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 (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Italy (CIF) - 2022
The average import price for articles of apparel, clothing accessories and other articles of furskin stood at $506 per unit in 2022, waning by -26.3% against the previous year. In general, the import price continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2018 an increase of 31% against the previous year. The import price peaked at $867 per unit in 2020; however, from 2021 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 the UK ($2,057 per unit), while the price for India ($121 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Italy
In 2022, approx. 237K units of articles of apparel, clothing accessories and other articles of furskin were exported from Italy; increasing by 23% against 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of articles of apparel, clothing accessories and other articles of furskin rose sharply to $297M in 2022. Overall, exports, however, recorded a slight decrease. The growth pace was the most rapid in 2021 with an increase of 27%. The exports peaked at $309M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 28.5 | 18.9 | 31.0 | 49.8 | 20.4% |
| United States | 27.7 | 20.1 | 22.7 | 38.1 | 11.2% |
| France | 38.3 | 31.3 | 36.6 | 37.2 | -1.0% |
| South Korea | 24.1 | 17.9 | 27.6 | 31.3 | 9.1% |
| Switzerland | 14.6 | 14.3 | 22.0 | 18.3 | 7.8% |
| Japan | 14.8 | 9.5 | 18.6 | 17.4 | 5.5% |
| United Kingdom | 22.7 | 12.5 | 10.2 | 14.9 | -13.1% |
| Germany | 12.2 | 10.7 | 10.9 | 11.1 | -3.1% |
| Hong Kong SAR | 37.0 | 13.5 | 14.9 | 10.7 | -33.9% |
| United Arab Emirates | 5.5 | 2.1 | 2.6 | 5.3 | -1.2% |
| Spain | 5.7 | 3.1 | 4.4 | 4.7 | -6.2% |
| Austria | 4.1 | 3.7 | 2.7 | 3.7 | -3.4% |
| Poland | 0.8 | 0.7 | 1.0 | 1.7 | 28.6% |
| Others | 72.7 | 49.7 | 59.1 | 52.8 | -10.1% |
| Total | 309 | 208 | 264 | 297 | -1.3% |
Top Export Markets for Articles of Apparel, Clothing Accessories and Other Articles of Furskin from Italy in 2022:
- China (34.1K units)
- France (29.1K units)
- United States (25.4K units)
- South Korea (21.1K units)
- Germany (16.8K units)
- Japan (16.7K units)
- Switzerland (12.9K units)
- United Arab Emirates (7.8K units)
- United Kingdom (7.6K units)
- Hong Kong SAR (7.3K units)
- Spain (5.9K units)
- Austria (4.2K units)
- Poland (3.7K units)
Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Italy
In 2022, approx. 98K units of articles of apparel, clothing accessories and other articles of furskin were imported into Italy; falling by -22.1% compared with the previous year. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 90% against the previous year. As a result, imports reached the peak of 126K units, and then dropped significantly in the following year.
In value terms, imports of articles of apparel, clothing accessories and other articles of furskin declined dramatically to $50M in 2022. In general, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 51%. As a result, imports attained the peak of $87M, and then contracted notably in the following year.
| Import of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 11.3 | 9.0 | 16.1 | 7.4 | -13.2% |
| Greece | 5.4 | 2.7 | 3.1 | 6.9 | 8.5% |
| China | 15.1 | 6.2 | 4.6 | 5.8 | -27.3% |
| Turkey | 7.5 | 4.8 | 5.5 | 5.5 | -9.8% |
| Philippines | 5.7 | 3.8 | 5.9 | 3.8 | -12.6% |
| Switzerland | 3.9 | 5.0 | 4.5 | 3.0 | -8.4% |
| Spain | 1.7 | 3.9 | 9.7 | 1.6 | -2.0% |
| Germany | 2.2 | 3.0 | 9.9 | 1.3 | -16.1% |
| United Arab Emirates | 1.1 | 0.9 | 0.8 | 0.9 | -6.5% |
| Austria | 1.4 | 2.0 | 2.1 | 0.9 | -13.7% |
| Moldova | 0.5 | 0.3 | 0.4 | 0.8 | 17.0% |
| India | 0.5 | 0.3 | 0.8 | 0.7 | 11.9% |
| Netherlands | 0.5 | 1.0 | 4.5 | 0.3 | -15.7% |
| Others | 18.7 | 14.6 | 18.7 | 10.8 | -16.7% |
| Total | 75.6 | 57.5 | 86.6 | 49.7 | -13.0% |
Top Suppliers of Articles of Apparel, Clothing Accessories and Other Articles of Furskin to Italy in 2022:
- China (34.0K units)
- Turkey (15.0K units)
- Greece (8.3K units)
- France (6.5K units)
- India (5.5K units)
- Germany (5.4K units)
- Moldova (3.1K units)
- Philippines (2.4K units)
- Austria (2.1K units)
- United Arab Emirates (1.8K units)
- Switzerland (1.6K units)
- Spain (1.5K units)
- Netherlands (0.7K units)
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