Price for Embroidery; in the Piece, in Strips or in Motifs in Tunisia - 2022

Contents:

  1. Price for Embroidery; in the Piece, in Strips or in Motifs in Tunisia (CIF) - 2022
  2. Price for Embroidery; in the Piece, in Strips or in Motifs in Tunisia (FOB) - 2022
  3. Imports of Embroidery; in the Piece, in Strips or in Motifs in Tunisia
  4. Exports of Embroidery; in the Piece, in Strips or in Motifs in Tunisia

Price for Embroidery; in the Piece, in Strips or in Motifs in Tunisia (CIF) - 2022

The average import price for embroidery; in the piece, in strips or in motifses stood at $47,555 per ton in December 2022, which is down by -36.2% against the previous month. Over the period under review, the import price, however, enjoyed a noticeable increase. The pace of growth was the most pronounced in July 2022 when the average import price increased by 121% m-o-m. As a result, import price reached the peak level of $172K per ton. From August 2022 to December 2022, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($221K per ton), while the price for Turkey ($9,050 per ton) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by France (+8.1%), 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 Tunisia (FOB) - 2022

The average export price for embroidery; in the piece, in strips or in motifses stood at $7,715 per ton in 2022, declining by -19.1% against the previous year. Overall, the export price showed a deep downturn. The pace of growth appeared the most rapid in 2017 when the average export price increased by 387% against the previous year. The export price peaked at $94,498 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($314,656 per ton), while the average price for exports to France ($2,130 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 Hong Kong SAR (+1,911.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Embroidery; in the Piece, in Strips or in Motifs in Tunisia

In 2022, after two years of decline, there was decline in overseas purchases of embroidery; in the piece, in strips or in motifses, when their volume decreased by -0.9% to 164 tons. Overall, imports continue to indicate a abrupt descent.

In value terms, imports of embroidery; in the piece, in strips or in motifses surged to $9.7M in 2022. Over the period under review, imports, however, continue to indicate prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Embroidery; in the Piece, in Strips or in Motifs in Tunisia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,861N/A1,9742,4008.8%
France1,536N/A1,2041,7524.5%
Italy814N/A5768370.9%
Switzerland5.9N/A165585362.8%
India135N/A22741445.3%
Turkey454N/A421320-11.0%
Spain20.3N/A56.059.543.1%
South Korea138N/A32.039.7-34.0%
Others1,190N/A2,7733,33140.9%
Total6,154N/A7,4299,73916.5%

Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Tunisia in 2022:

  1. China (87.7 tons)
  2. India (23.9 tons)
  3. France (13.4 tons)
  4. Turkey (11.5 tons)
  5. Italy (5.4 tons)
  6. Switzerland (2.6 tons)
  7. Spain (2.6 tons)
  8. South Korea (1.4 tons)

Exports of Embroidery; in the Piece, in Strips or in Motifs in Tunisia

After two years of decline, overseas shipments of embroidery; in the piece, in strips or in motifses decreased by -21.7% to 112 tons in 2022. Over the period under review, exports, however, continue to indicate a significant increase.

In value terms, exports of embroidery; in the piece, in strips or in motifses declined rapidly to $867K in 2022. Overall, exports, however, posted a significant increase.

Export of Embroidery; in the Piece, in Strips or in Motifs in Tunisia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy40.8N/A676484128.1%
France0.1N/A2542281216.2%
Hong Kong SARN/AN/A22340.3-81.9%
Others76.1N/A21711514.8%
Total117N/A1,37086795.0%

Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from Tunisia in 2022:

  1. France (107.1 tons)
  2. Italy (3.9 tons)
  3. Hong Kong SAR (0.1 tons)

Source: IndexBox Market Intelligence Platform

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