Price for Embroidery; in the Piece, in Strips or in Motifs in Norway - 2024
Contents:
- Price for Embroidery; in the Piece, in Strips or in Motifs in Norway (CIF) - 2022
- Price for Embroidery; in the Piece, in Strips or in Motifs in Norway (FOB) - 2022
- Imports of Embroidery; in the Piece, in Strips or in Motifs in Norway
- Exports of Embroidery; in the Piece, in Strips or in Motifs in Norway
Price for Embroidery; in the Piece, in Strips or in Motifs in Norway (CIF) - 2022
The average import price for embroidery; in the piece, in strips or in motifses stood at $77,178 per ton in 2022, declining by -14.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2019 an increase of 22%. Over the period under review, average import prices reached the peak figure at $89,881 per ton in 2021, and then fell in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($160,024 per ton), while the price for Taiwan (Chinese) ($27,664 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Embroidery; in the Piece, in Strips or in Motifs in Norway (FOB) - 2022
The average export price for embroidery; in the piece, in strips or in motifses stood at $61,365 per ton in 2022, dropping by -34.5% against the previous year. Overall, the export price, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2015 when the average export price increased by 140% against the previous year. The export price peaked at $172,041 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($203,750 per ton), while the average price for exports to Vietnam ($34,500 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 Estonia (+12.6%), 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 Norway
In 2022, overseas purchases of embroidery; in the piece, in strips or in motifses were finally on the rise to reach 14 tons after two years of decline. In general, imports, however, showed a deep slump.
In value terms, imports of embroidery; in the piece, in strips or in motifses expanded modestly to $1.1M in 2022. Overall, imports, however, saw a pronounced contraction. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year.
| Import of Embroidery; in the Piece, in Strips or in Motifs in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 369 | 318 | 359 | 253 | -11.8% |
| India | 164 | 151 | 214 | 192 | 5.4% |
| Germany | 96.9 | 69.4 | 87.3 | 99.5 | 0.9% |
| Pakistan | 114 | 63.8 | 83.6 | 81.2 | -10.7% |
| Poland | 121 | 73.7 | 19.4 | 75.0 | -14.7% |
| Thailand | 50.9 | 22.1 | 48.8 | 71.1 | 11.8% |
| Vietnam | 45.0 | 25.9 | 25.1 | 56.0 | 7.6% |
| United Kingdom | 64.2 | 56.6 | 40.3 | 44.9 | -11.2% |
| Sweden | 19.1 | 19.8 | 18.9 | 32.6 | 19.5% |
| Taiwan (Chinese) | 41.6 | 33.8 | 24.3 | 30.2 | -10.1% |
| Bangladesh | 0.4 | 4.2 | N/A | 22.9 | 285.4% |
| Turkey | 12.4 | 11.4 | 16.7 | 11.7 | -1.9% |
| Belgium | 0.4 | 2.7 | 1.4 | 11.2 | 203.7% |
| Others | 142 | 110 | 132 | 120 | -5.5% |
| Total | 1,241 | 963 | 1,071 | 1,102 | -3.9% |
Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Norway in 2022:
- China (3.8 tons)
- Poland (1.8 tons)
- India (1.7 tons)
- Taiwan (Chinese) (1.1 tons)
- Pakistan (0.9 tons)
- Vietnam (0.6 tons)
- Germany (0.6 tons)
- Thailand (0.6 tons)
- Bangladesh (0.5 tons)
- United Kingdom (0.5 tons)
- Turkey (0.4 tons)
- Sweden (0.4 tons)
- Belgium (0.3 tons)
Exports of Embroidery; in the Piece, in Strips or in Motifs in Norway
In 2022, the amount of embroidery; in the piece, in strips or in motifses exported from Norway soared to 241 kg, growing by 36% on 2021. Overall, exports, however, continue to indicate a deep downturn.
In value terms, exports of embroidery; in the piece, in strips or in motifses shrank to $15K in 2022. Over the period under review, exports, however, saw a significant decline.
| Export of Embroidery; in the Piece, in Strips or in Motifs in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | 0.6 | 5.3 | 783.3% |
| United States | 2.5 | N/A | 1.8 | 3.0 | 6.3% |
| Netherlands | N/A | N/A | 1.2 | 1.4 | 16.7% |
| Italy | N/A | N/A | 0.2 | 0.9 | 350.0% |
| Estonia | 13.0 | 7.9 | 0.6 | 0.8 | -60.5% |
| Vietnam | N/A | 2.0 | N/A | 0.6 | -45.2% |
| Sweden | 2.1 | 0.8 | 7.9 | 0.5 | -38.0% |
| Poland | 1.7 | 1.8 | 1.2 | 0.3 | -43.9% |
| South Africa | 1.7 | N/A | N/A | 0.2 | -51.0% |
| Denmark | 20.3 | 6.9 | 1.1 | 0.1 | -83.0% |
| Moldova | 0.3 | N/A | N/A | N/A | 0% |
| Finland | 0.6 | N/A | 0.5 | N/A | -8.7% |
| Others | 3.7 | 0.4 | 1.5 | 1.7 | -22.8% |
| Total | 46.0 | 19.8 | 16.6 | 14.8 | -31.5% |
Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from Norway in 2022:
- Germany (77.0 kg)
- United States (68.0 kg)
- Netherlands (32.0 kg)
- Vietnam (16.0 kg)
- Italy (11.0 kg)
- Sweden (10.0 kg)
- Poland (7.0 kg)
- South Africa (5.0 kg)
- Estonia (4.0 kg)
- Denmark (1.0 kg)
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