Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Israel - 2024
Contents:
- Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Israel (CIF) - 2024
- Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Israel (FOB) - 2022
- Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Israel
- Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Israel
Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Israel (CIF) - 2024
The average import price for articles of apparel and clothing accessories, of leather or of composition leather stood at $46.0 per unit in January 2024, jumping by 26% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 when the average import price increased by 51% month-to-month. Over the period under review, average import prices attained the peak figure at $47.6 per unit in August 2023; however, from September 2023 to January 2024, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Turkey ($79.1 per unit), while the price for Pakistan ($30.0 per unit) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Germany (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Israel (FOB) - 2022
In 2022, the average export price for articles of apparel and clothing accessories, of leather or of composition leather amounted to $62 per unit, which is down by -35.1% against the previous year. Overall, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for articles of apparel and clothing accessories, of leather or of composition leather decreased by -37.7% against 2018 indices. The growth pace was the most rapid in 2021 when the average export price increased by 50% against the previous year. Over the period under review, the average export prices reached the peak figure at $99 per unit in 2018; however, from 2019 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 Germany ($167 per unit), while the average price for exports to the United States ($47 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 Hong Kong SAR (+26.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Israel
In 2022, imports of articles of apparel and clothing accessories, of leather or of composition leather into Israel surged to 454K units, jumping by 18% on 2021 figures. The total import volume increased at an average annual rate of +5.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 29%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of articles of apparel and clothing accessories, of leather or of composition leather rose remarkably to $14M in 2022. The total import value increased at an average annual rate of +4.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 23% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3,640 | 2,959 | 4,064 | 3,314 | -3.1% |
| India | 2,830 | 1,528 | 2,194 | 2,312 | -6.5% |
| Italy | 2,234 | 1,420 | 2,689 | 1,751 | -7.8% |
| Spain | 868 | 1,002 | 891 | 1,325 | 15.1% |
| France | 208 | 802 | 279 | 1,067 | 72.5% |
| United States | 275 | 444 | 307 | 594 | 29.3% |
| Netherlands | 42.0 | 214 | 90.7 | 507 | 129.4% |
| Germany | 154 | 374 | 240 | 506 | 48.7% |
| Switzerland | 3.0 | 568 | 24.9 | 460 | 435.2% |
| Hong Kong SAR | 78.0 | 191 | 86.7 | 454 | 79.9% |
| Turkey | 407 | 288 | 409 | 322 | -7.5% |
| United Kingdom | 124 | 263 | 217 | 296 | 33.6% |
| Pakistan | 403 | 134 | 485 | 149 | -28.2% |
| Others | 766 | 478 | 1,190 | 819 | 2.3% |
| Total | 12,032 | 10,664 | 13,168 | 13,876 | 4.9% |
Top Suppliers of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather to Israel in 2022:
- India (169.3K units)
- China (114.7K units)
- Italy (29.4K units)
- Spain (23.9K units)
- France (19.8K units)
- United States (16.0K units)
- Netherlands (13.5K units)
- Germany (11.5K units)
- Hong Kong SAR (8.8K units)
- Switzerland (8.6K units)
- United Kingdom (7.7K units)
- Pakistan (7.6K units)
- Turkey (6.9K units)
Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Israel
In 2022, overseas shipments of articles of apparel and clothing accessories, of leather or of composition leather decreased by -8.6% to 3.8K units, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, saw prominent growth. The pace of growth was the most pronounced in 2020 when exports increased by 286%. As a result, the exports attained the peak of 10K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of articles of apparel and clothing accessories, of leather or of composition leather fell remarkably to $233K in 2022. In general, exports continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2020 with an increase of 149% against the previous year. As a result, the exports attained the peak of $651K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 116 | 305 | 104 | 92.0 | -7.4% |
| France | 10.0 | 91.0 | 33.2 | 48.0 | 68.7% |
| Bulgaria | 25.0 | 1.0 | N/A | 28.0 | 3.8% |
| Netherlands | 24.0 | 58.0 | 22.1 | 19.0 | -7.5% |
| Brazil | N/A | N/A | N/A | 4.0 | 0% |
| Poland | 10.0 | 9.0 | N/A | 4.0 | -26.3% |
| United Kingdom | 7.0 | 6.0 | 9.0 | 4.0 | -17.0% |
| China | 1.0 | 4.0 | 64.3 | 4.0 | 58.7% |
| Germany | 9.0 | 11.0 | 20.1 | 1.0 | -51.9% |
| Hong Kong SAR | N/A | 27.0 | 39.2 | N/A | 45.2% |
| Others | 59.0 | 139 | 102 | 29.0 | -21.1% |
| Total | 261 | 651 | 393 | 233 | -3.7% |
Top Export Markets for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather from Israel in 2022:
- United States (1958.0 units)
- France (668.0 units)
- Bulgaria (542.0 units)
- Netherlands (121.0 units)
- Brazil (78.0 units)
- Poland (72.0 units)
- United Kingdom (72.0 units)
- China (26.0 units)
- Germany (6.0 units)
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