Price for Textiles; Worn Clothing and Other Worn Articles in Estonia - 2023
Contents:
- Price for Textiles; Worn Clothing and Other Worn Articles in Estonia (CIF) - 2022
- Price for Textiles; Worn Clothing and Other Worn Articles in Estonia (FOB) - 2023
- Imports of Textiles; Worn Clothing and Other Worn Articles in Estonia
- Exports of Textiles; Worn Clothing and Other Worn Articles in Estonia
Price for Textiles; Worn Clothing and Other Worn Articles in Estonia (CIF) - 2022
In 2022, the average import price for textiles; worn clothing and other worn articleses amounted to $1,135 per ton, jumping by 21% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 34% against the previous year. The import price peaked at $1,419 per ton in 2017; however, from 2018 to 2022, import prices remained at a 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 Germany ($4,101 per ton), while the price for Norway ($316 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Textiles; Worn Clothing and Other Worn Articles in Estonia (FOB) - 2023
The average export price for textiles; worn clothing and other worn articleses stood at $473 per ton in December 2023, reducing by -32.2% against the previous month. Overall, the export price showed a slight contraction. The growth pace was the most rapid in March 2023 when the average export price increased by 150% against the previous month. The export price peaked at $1,896 per ton in April 2023; however, from May 2023 to December 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Latvia ($1,285 per ton), while the average price for exports to Pakistan ($145 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+33.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Textiles; Worn Clothing and Other Worn Articles in Estonia
In 2022, imports of textiles; worn clothing and other worn articleses into Estonia declined to 5.4K tons, waning by -6.8% compared with 2021 figures. Overall, imports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 0.1%.
In value terms, imports of textiles; worn clothing and other worn articleses expanded sharply to $6.2M in 2022. Over the period under review, imports saw a deep setback.
Import of Textiles; Worn Clothing and Other Worn Articles in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Finland | N/A | 1,531 | 1,674 | 1,606 | 2.4% |
United Kingdom | 656 | 857 | 769 | 1,259 | 24.3% |
Latvia | 0.2 | 1,991 | 522 | 700 | 1418.3% |
Poland | 23.7 | 469 | 236 | 528 | 181.4% |
Lithuania | 709 | 812 | 527 | 418 | -16.1% |
Germany | 559 | 416 | 425 | 408 | -10.0% |
Denmark | 439 | 349 | 249 | 364 | -6.1% |
Sweden | N/A | 22.3 | 75.1 | 270 | 248.0% |
United States | 299 | 268 | 148 | 250 | -5.8% |
Belgium | N/A | 99.1 | 164 | 67.1 | -17.7% |
Norway | 143 | 80.3 | 41.6 | 29.6 | -40.8% |
Netherlands | N/A | 408 | 273 | 17.1 | -79.5% |
Others | 5,733 | 86.0 | 353 | 240 | -65.3% |
Total | 8,561 | 7,391 | 5,456 | 6,157 | -10.4% |
Top Suppliers of Textiles; Worn Clothing and Other Worn Articles to Estonia in 2022:
- Finland (3575.5 tons)
- Sweden (387.3 tons)
- United Kingdom (322.6 tons)
- Poland (302.1 tons)
- United States (169.4 tons)
- Lithuania (132.4 tons)
- Germany (99.5 tons)
- Norway (93.8 tons)
- Belgium (91.0 tons)
- Latvia (81.5 tons)
- Denmark (43.9 tons)
- Netherlands (22.1 tons)
Exports of Textiles; Worn Clothing and Other Worn Articles in Estonia
In 2022, the amount of textiles; worn clothing and other worn articleses exported from Estonia declined remarkably to 5.1K tons, with a decrease of -15.7% against 2021. In general, exports showed a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 7.6%.
In value terms, exports of textiles; worn clothing and other worn articleses fell dramatically to $3.3M in 2022. Overall, exports continue to indicate a sharp decline. The smallest decline of -10.8% was in 2021.
Export of Textiles; Worn Clothing and Other Worn Articles in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Latvia | 2,043 | 1,566 | 692 | 880 | -24.5% |
Lithuania | 464 | 136 | 533 | 504 | 2.8% |
Kenya | 101 | 112 | 128 | 281 | 40.6% |
Pakistan | 162 | 174 | 289 | 270 | 18.6% |
Malawi | 78.0 | 83.3 | 246 | 192 | 35.0% |
Angola | 186 | 139 | 196 | 158 | -5.3% |
Zambia | 102 | 64.7 | 154 | 132 | 9.0% |
Gambia | 140 | 168 | 106 | 117 | -5.8% |
Mozambique | 65.8 | 89.6 | 115 | 93.1 | 12.3% |
Benin | 325 | 118 | 22.6 | 41.6 | -49.6% |
Russia | 1,318 | 974 | 951 | 27.9 | -72.3% |
India | 40.3 | 19.5 | 11.2 | 22.5 | -17.7% |
Togo | 94.3 | 333 | 49.3 | 21.2 | -39.2% |
Others | 2,034 | 676 | 656 | 526 | -36.3% |
Total | 7,154 | 4,654 | 4,149 | 3,267 | -23.0% |
Top Export Markets for Textiles; Worn Clothing and Other Worn Articles from Estonia in 2022:
- Pakistan (1051.3 tons)
- Latvia (917.3 tons)
- Malawi (551.7 tons)
- Angola (435.6 tons)
- Kenya (428.2 tons)
- Zambia (382.1 tons)
- Gambia (346.6 tons)
- Lithuania (323.9 tons)
- Mozambique (266.9 tons)
- India (103.9 tons)
- Benin (55.6 tons)
- Togo (28.0 tons)
- Russia (27.6 tons)
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