Price for Embroidery; in the Piece, in Strips or in Motifs in Bangladesh - 2022
Contents:
- Price for Embroidery; in the Piece, in Strips or in Motifs in Bangladesh (CIF) - 2022
- Price for Embroidery; in the Piece, in Strips or in Motifs in Bangladesh (FOB) - 2022
- Imports of Embroidery; in the Piece, in Strips or in Motifs in Bangladesh
- Exports of Embroidery; in the Piece, in Strips or in Motifs in Bangladesh
Price for Embroidery; in the Piece, in Strips or in Motifs in Bangladesh (CIF) - 2022
In 2022, the average import price for embroidery; in the piece, in strips or in motifses amounted to $18,562 per ton, reducing by -1.8% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 25% against the previous year. The import price peaked at $22,346 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
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 Hong Kong SAR ($102,687 per ton), while the price for India ($15,674 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+8.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Embroidery; in the Piece, in Strips or in Motifs in Bangladesh (FOB) - 2022
In 2022, the average export price for embroidery; in the piece, in strips or in motifses amounted to $25,258 per ton, waning by -12.9% against the previous year. Overall, the export price showed a perceptible contraction. The growth pace was the most rapid in 2017 an increase of 37%. The export price peaked at $42,232 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($80,455 per ton), while the average price for exports to Cambodia ($2,187 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 Canada (+37.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Embroidery; in the Piece, in Strips or in Motifs in Bangladesh
In 2022, approx. 969 tons of embroidery; in the piece, in strips or in motifses were imported into Bangladesh; growing by 5% on the previous year's figure. Overall, total imports indicated a pronounced increase from 2019 to 2022: its volume increased at an average annual rate of +4.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 60%. Over the period under review, imports of embroidery; in piece, in strips or in motifses hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, imports of embroidery; in the piece, in strips or in motifses totaled $18M in 2022. Over the period under review, total imports indicated a noticeable expansion from 2019 to 2022: its value increased at an average annual rate of +2.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.9% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 48%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
Import of Embroidery; in the Piece, in Strips or in Motifs in Bangladesh (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 11.4 | 8.6 | 13.5 | 14.3 | 7.8% |
Hong Kong SAR | 2.6 | 1.2 | 1.6 | 1.7 | -13.2% |
Thailand | 0.8 | 0.6 | 0.9 | 1.1 | 11.2% |
India | 0.7 | 0.5 | 1.1 | 0.4 | -17.0% |
Indonesia | 0.5 | 0.5 | 0.2 | 0.1 | -41.5% |
Others | 0.4 | 0.4 | 0.2 | 0.5 | 7.7% |
Total | 16.6 | 11.8 | 17.4 | 18.0 | 2.7% |
Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Bangladesh in 2022:
- China (876.0 tons)
- Thailand (39.1 tons)
- India (28.0 tons)
- Hong Kong SAR (16.7 tons)
- Indonesia (1.6 tons)
Exports of Embroidery; in the Piece, in Strips or in Motifs in Bangladesh
In 2022, approx. 2.2 tons of embroidery; in the piece, in strips or in motifses were exported from Bangladesh; jumping by 492% on the previous year. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of embroidery; in the piece, in strips or in motifses soared to $57K in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Embroidery; in the Piece, in Strips or in Motifs in Bangladesh (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Norway | 0.4 | 4.2 | N/A | 22.9 | 285.4% |
Germany | N/A | 0.2 | 0.2 | 6.5 | 470.1% |
United States | 2.8 | N/A | 0.4 | 4.7 | 18.8% |
Pakistan | N/A | N/A | N/A | 3.1 | 0% |
United Kingdom | N/A | N/A | N/A | 2.7 | 0% |
Angola | N/A | N/A | N/A | 2.4 | 0% |
Switzerland | 8.3 | 11.6 | 4.7 | 1.8 | -39.9% |
Cambodia | N/A | 7.5 | N/A | 0.8 | -67.3% |
Spain | 4.2 | N/A | N/A | N/A | 0% |
Nigeria | N/A | 5.8 | N/A | N/A | 0% |
Kuwait | 2.3 | 0.3 | 1.3 | N/A | -24.8% |
Others | 2.6 | 5.3 | 4.5 | 12.0 | 66.5% |
Total | 20.6 | 34.8 | 11.0 | 56.7 | 40.1% |
Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from Bangladesh in 2022:
- Pakistan (498.0 kg)
- Norway (434.0 kg)
- Cambodia (343.0 kg)
- Germany (269.0 kg)
- Angola (213.0 kg)
- United Kingdom (191.0 kg)
- United States (96.0 kg)
- Switzerland (22.0 kg)
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In value terms, embroidery imports amounted to $X in 2016. In general, embroidery imports continue to indicate a significant deduction. Over the period under review, global embroidery imports reach...
In value terms, embroidery exports totaled $X in 2016. Overall, embroidery exports continue to indicate a drastic descent. Global embroidery export peaked of $X in 2007; however, from 2008 to X>
In value terms, embroidery imports amounted to $X in 2016. In general, embroidery imports continue to indicate a significant deduction. Over the period under review, global embroidery imports reach...
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