Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Bangladesh - 2022
Contents:
- Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Bangladesh (FOB) - 2022
- Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Bangladesh (CIF) - 2022
- Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Bangladesh
- Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Bangladesh
Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Bangladesh (FOB) - 2022
The average export price for articles of apparel and clothing accessories, of leather or of composition leather stood at $8.4 per unit in 2022, increasing by 3% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 17% against the previous year. As a result, the export price attained the peak level of $8.7 per unit. From 2021 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 Canada ($30 per unit), while the average price for exports to South Korea ($3.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Bangladesh (CIF) - 2022
The average import price for articles of apparel and clothing accessories, of leather or of composition leather stood at $10 per unit in 2022, remaining constant against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 70%. Over the period under review, average import prices reached the maximum at $15 per unit in 2015; however, from 2016 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 Turkey ($34 per unit), while the price for India ($3.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Bangladesh
In 2022, the amount of articles of apparel and clothing accessories, of leather or of composition leather exported from Bangladesh dropped to 5M units, shrinking by -7% on the year before. Over the period under review, exports saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 17%. As a result, the exports reached the peak of 5.4M units, and then fell in the following year.
In value terms, exports of articles of apparel and clothing accessories, of leather or of composition leather shrank modestly to $42M in 2022. The total export value increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 9.2% against the previous year. As a result, the exports reached the peak of $44M, and then reduced modestly in the following year.
| Export of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 12.9 | 13.4 | 14.4 | 14.8 | 4.7% |
| United States | 8.8 | 13.0 | 14.2 | 10.7 | 6.7% |
| Canada | 3.3 | 3.5 | 2.8 | 3.5 | 2.0% |
| South Korea | 0.9 | 0.6 | 1.4 | 1.4 | 15.9% |
| United Kingdom | 1.6 | 1.4 | 0.7 | 1.2 | -9.1% |
| China | 0.1 | 0.1 | 0.4 | 0.5 | 71.0% |
| Others | 12.6 | 8.3 | 10.0 | 9.9 | -7.7% |
| Total | 40.3 | 40.3 | 44.0 | 42.1 | 1.5% |
Top Export Markets for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather from Bangladesh in 2022:
- Japan (2994.3K units)
- United States (620.5K units)
- South Korea (377.6K units)
- United Kingdom (223.7K units)
- Canada (115.7K units)
- China (103.9K units)
Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Bangladesh
In 2022, the amount of articles of apparel and clothing accessories, of leather or of composition leather imported into Bangladesh rose slightly to 415K units, with an increase of 2.8% compared with the year before. Overall, imports, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 5.2%. Over the period under review, imports of attained the maximum at 485K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of articles of apparel and clothing accessories, of leather or of composition leather totaled $4.3M in 2022. In general, imports, however, continue to indicate a perceptible decrease. Imports peaked at $4.6M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,227 | 2,585 | 2,447 | 1,262 | -17.2% |
| Hong Kong SAR | 1,089 | 794 | 425 | 710 | -13.3% |
| India | 444 | 153 | 269 | 687 | 15.7% |
| United States | 79.6 | 121 | N/A | 283 | 52.6% |
| Turkey | 367 | 167 | 424 | 175 | -21.9% |
| Pakistan | 86.4 | 135 | 69.0 | 111 | 8.7% |
| Taiwan (Chinese) | 46.5 | 6.8 | 108 | 26.2 | -17.4% |
| Others | 274 | 382 | 419 | 997 | 53.8% |
| Total | 4,614 | 4,345 | 4,161 | 4,253 | -2.7% |
Top Suppliers of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather to Bangladesh in 2022:
- India (192.7K units)
- China (150.0K units)
- Hong Kong SAR (27.3K units)
- United States (10.8K units)
- Pakistan (6.2K units)
- Turkey (5.2K units)
- Taiwan (Chinese) (5.0K units)
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