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

Contents:

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

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

In 2022, the average import price for clothing; parts, knitted or crocheted amounted to $60,454 per ton, shrinking by -29.3% against the previous year. Overall, the import price, however, recorded prominent growth. The most prominent rate of growth was recorded in 2018 an increase of 202%. The import price peaked at $104,394 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat 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 Finland ($320,000 per ton), while the price for Sweden ($11,839 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+84.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for clothing; parts, knitted or crocheted amounted to $14,953 per ton, declining by -16.9% against the previous year. Over the period under review, the export price recorded a abrupt decline. The most prominent rate of growth was recorded in 2013 when the average export price increased by 95% against the previous year. As a result, the export price reached the peak level of $171,375 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cambodia ($27,300 per ton), while the average price for exports to Lithuania ($11,200 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+3.8%), while the prices for the other major destinations experienced a decline.

Imports of Clothing; Parts, Knitted or Crocheted in Estonia

In 2022, the amount of clothing; parts, knitted or crocheted imported into Estonia fell to 1.5 tons, remaining relatively unchanged against the previous year. In general, imports showed a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 9.2% against the previous year.

In value terms, clothing; parts, knitted or crocheted imports shrank rapidly to $88K in 2022. Over the period under review, imports continue to indicate a dramatic curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year.

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

1. Sweden (690.0 kg)
2. Italy (509.0 kg)
3. China (99.0 kg)
4. Belgium (75.0 kg)
5. Norway (46.0 kg)
6. Germany (24.0 kg)
7. France (1.0 kg)

Exports of Clothing; Parts, Knitted or Crocheted in Estonia

In 2022, exports of clothing; parts, knitted or crocheted from Estonia soared to 299 kg, increasing by 67% compared with 2021. Overall, exports, however, continue to indicate a pronounced descent. The pace of growth was the most pronounced in 2021 with an increase of 77%.

In value terms, clothing; parts, knitted or crocheted exports soared to $4.5K in 2022. Over the period under review, exports, however, recorded a mild descent. The most prominent rate of growth was recorded in 2021 when exports increased by 117% against the previous year.

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

1. Latvia (213.0 kg)
2. Sweden (38.0 kg)
3. Cambodia (30.0 kg)
4. Lithuania (15.0 kg)

Source: IndexBox Market Intelligence Platform