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

Contents:

1. Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Saudi Arabia (FOB) - 2022
2. Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Saudi Arabia

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

The average export price for articles of apparel, clothing accessories and other articles of furskin stood at $274 per unit in 2022, rising by 41% against the previous year. In general, the export price, however, continues to indicate a sharp curtailment. The export price peaked at $893 per unit in 2018; however, from 2019 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 Czech Republic ($3,159 per unit), while the average price for exports to the United Arab Emirates ($32 per unit) was amongst the lowest.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (-13.5%).

Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Saudi Arabia

Exports of articles of apparel, clothing accessories and other articles of furskin from Saudi Arabia dropped markedly to 203 units in 2022, with a decrease of -46.9% against 2021 figures. In general, exports, however, posted resilient growth. The pace of growth appeared the most rapid in 2021 when exports increased by 226% against the previous year. As a result, the exports attained the peak of 382 units, and then fell markedly in the following year.

In value terms, exports of articles of apparel, clothing accessories and other articles of furskin reduced rapidly to $56K in 2022. Over the period under review, exports faced a deep downturn. The growth pace was the most rapid in 2021 when exports increased by 99%. The exports peaked at $81K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

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

1. Germany (45.0 units)
2. United Arab Emirates (22.0 units)
3. Italy (9.0 units)
4. Spain (9.0 units)
5. Canada (7.0 units)
6. Netherlands (7.0 units)
7. Czech Republic (2.0 units)
8. Austria (2.0 units)

Source: IndexBox Market Intelligence Platform