Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Serbia - 2023

Contents:

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

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

In 2022, the average import price for articles of apparel, clothing accessories and other articles of furskin amounted to $225 per unit, surging by 3.9% against the previous year. Over the period under review, the import price, however, showed a pronounced downturn. The pace of growth appeared the most rapid in 2021 when the average import price increased by 70% against the previous year. Over the period under review, average import prices attained the maximum at $299 per unit in 2012; however, from 2013 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 Italy ($1,187 per unit), while the price for Turkey ($108 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+44.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for articles of apparel, clothing accessories and other articles of furskin amounted to $979 per unit, rising by 388% against the previous year. Overall, the export price continues to indicate a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($5,228 per unit), while the average price for exports to Slovenia ($19 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 Croatia (+19.0%), 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 Serbia

In 2022, approx. 4.8K units of articles of apparel, clothing accessories and other articles of furskin were imported into Serbia; which is down by -12.6% compared with 2021 figures. Over the period under review, imports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2021 when imports increased by 8%. Over the period under review, imports of hit record highs at 7.5K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of articles of apparel, clothing accessories and other articles of furskin fell to $1.1M in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 83%. As a result, imports attained the peak of $1.2M, and then contracted in the following year.

Import of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy36.032.2414524144.2%
Turkey806523617409-20.2%
Greece35.121.236.035.0-0.1%
China64.416.18.97.8-50.5%
Others11053.110898.0-3.8%
Total1,0516461,1831,0740.7%

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

  1. Turkey (3792.0 units)
  2. Italy (442.0 units)
  3. Greece (156.0 units)
  4. China (25.0 units)

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

In 2022, the amount of articles of apparel, clothing accessories and other articles of furskin exported from Serbia skyrocketed to 256 units, growing by 25% compared with the previous year's figure. Over the period under review, total exports indicated a measured expansion from 2019 to 2022: its volume increased at an average annual rate of +2.6% 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 +82.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 46%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, exports of articles of apparel, clothing accessories and other articles of furskin surged to $251K in 2022. Overall, exports enjoyed significant growth. 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 Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/AN/A2140%
France18.714.913.716.7-3.7%
Bosnia and Herzegovina0.50.75.57.8149.9%
Montenegro7.2N/A5.54.1-17.1%
Italy2.0N/A6.51.8-3.5%
Germany0.9N/A0.8N/A-5.7%
Slovenia0.70.71.0N/A19.5%
Others0.10.78.05.9289.3%
Total30.117.041.1251102.8%

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

  1. France (145.0 units)
  2. Bosnia and Herzegovina (43.0 units)
  3. Russia (41.0 units)
  4. Montenegro (21.0 units)
  5. Italy (1.0 units)
  6. Slovenia (1.0 units)

Source: IndexBox Market Intelligence Platform

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