Price for Clothing; Parts, Knitted or Crocheted in Egypt - 2023

Contents:

1. Price for Clothing; Parts, Knitted or Crocheted in Egypt (CIF) - 2022
2. Price for Clothing; Parts, Knitted or Crocheted in Egypt (FOB) - 2022
3. Imports of Clothing; Parts, Knitted or Crocheted in Egypt
4. Exports of Clothing; Parts, Knitted or Crocheted in Egypt

Price for Clothing; Parts, Knitted or Crocheted in Egypt (CIF) - 2022

The average import price for clothing; parts, knitted or crocheted stood at $5,430 per ton in 2022, falling by -12.7% against the previous year. Overall, the import price showed a abrupt downturn. The growth pace was the most rapid in 2019 an increase of 21%. The import price peaked at $9,935 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($34,579 per ton), while the price for China ($5,262 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Syrian Arab Republic (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Clothing; Parts, Knitted or Crocheted in Egypt (FOB) - 2022

In 2022, the average export price for clothing; parts, knitted or crocheted amounted to $102,781 per ton, growing by 183% against the previous year. Over the period under review, the export price recorded strong growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 United States ($143,314 per ton), while the average price for exports to France amounted to $27,479 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+29.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Clothing; Parts, Knitted or Crocheted in Egypt

In 2022, approx. 196 tons of clothing; parts, knitted or crocheted were imported into Egypt; rising by 50% on 2021 figures. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 340%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, clothing; parts, knitted or crocheted imports surged to $1.1M in 2022. In general, imports saw significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 374% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Clothing; Parts, Knitted or Crocheted to Egypt in 2022:

1. China (192.3 tons)
2. Taiwan (Chinese) (3.2 tons)

Exports of Clothing; Parts, Knitted or Crocheted in Egypt

In 2022, the amount of clothing; parts, knitted or crocheted exported from Egypt soared to 13 tons, increasing by 262% compared with the previous year's figure. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, clothing; parts, knitted or crocheted exports skyrocketed to $1.3M in 2022. In general, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Clothing; Parts, Knitted or Crocheted from Egypt in 2022:

1. United States (8.2 tons)
2. France (4.4 tons)

Source: IndexBox Market Intelligence Platform