Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Romania - 2023
Contents:
- Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Romania (FOB) - 2023
- Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Romania (CIF) - 2023
- Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Romania
- Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Romania
Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Romania (FOB) - 2023
In November 2023, the average export price for articles of apparel and clothing accessories, of leather or of composition leather amounted to $46.2 per unit, growing by 22% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $52.5 per unit in August 2023; however, from September 2023 to November 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was France ($112 per unit), while the average price for exports to the Netherlands ($20.2 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+2.8%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Romania (CIF) - 2023
In November 2023, the average import price for articles of apparel and clothing accessories, of leather or of composition leather amounted to $29.4 per unit, rising by 33% against the previous month. In general, import price indicated a perceptible increase from November 2022 to November 2023: its price increased at an average monthly rate of +2.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for articles of apparel and clothing accessories, of leather or of composition leather increased by +56.2% against September 2023 indices. The growth pace was the most rapid in February 2023 an increase of 89% against the previous month. As a result, import price attained the peak level of $30.7 per unit. From March 2023 to November 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($83.3 per unit), while the price for India ($6.2 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Turkey (+11.9%), 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 Romania
In 2022, approx. 1.7M units of articles of apparel and clothing accessories, of leather or of composition leather were exported from Romania; remaining relatively unchanged against 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 31% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of articles of apparel and clothing accessories, of leather or of composition leather soared to $57M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +11.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.0% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 10.3 | 9.0 | 16.5 | 20.6 | 26.0% |
| Italy | 19.6 | 15.6 | 15.4 | 13.5 | -11.7% |
| Germany | 5.7 | 5.2 | 6.6 | 7.5 | 9.6% |
| France | 0.3 | 0.4 | 0.3 | 5.2 | 158.8% |
| Spain | 0.5 | 0.5 | 0.4 | 4.8 | 112.5% |
| United States | 1.5 | 1.3 | 1.5 | 2.5 | 18.6% |
| Others | 3.4 | 4.3 | 3.5 | 3.3 | -1.0% |
| Total | 41.2 | 36.3 | 44.1 | 57.4 | 11.7% |
Top Export Markets for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather from Romania in 2022:
- Netherlands (806.9K units)
- Italy (479.9K units)
- Spain (163.4K units)
- Germany (100.5K units)
- France (48.3K units)
- United States (39.0K units)
Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Romania
In 2022, imports of articles of apparel and clothing accessories, of leather or of composition leather into Romania declined to 2M units, dropping by -9.9% compared with the previous year. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 35% against the previous year. As a result, imports reached the peak of 2.2M units, and then fell in the following year.
In value terms, imports of articles of apparel and clothing accessories, of leather or of composition leather fell to $33M in 2022. The total import value increased at an average annual rate of +4.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. As a result, imports attained the peak of $37M, and then dropped in the following year.
| Import of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 9.3 | 5.8 | 10.8 | 8.0 | -4.9% |
| Germany | 2.8 | 4.3 | 5.2 | 5.0 | 21.3% |
| Poland | 1.6 | 2.6 | 4.4 | 3.4 | 28.6% |
| Netherlands | 1.1 | 0.9 | 1.6 | 2.3 | 27.9% |
| Spain | 3.1 | 2.4 | 2.4 | 2.1 | -12.2% |
| Pakistan | 1.0 | 1.0 | 1.9 | 1.5 | 14.5% |
| Turkey | 1.6 | 0.8 | 1.1 | 1.4 | -4.4% |
| India | 1.0 | 1.0 | 1.1 | 1.3 | 9.1% |
| Hungary | 0.5 | 0.6 | 1.5 | 1.3 | 37.5% |
| China | 1.2 | 0.9 | 1.1 | 1.0 | -5.9% |
| Czech Republic | 0.8 | 0.9 | 1.1 | 0.8 | 0.0% |
| Sweden | 0.5 | 0.9 | 0.7 | 0.7 | 11.9% |
| Bulgaria | 0.1 | 0.2 | 0.5 | 0.5 | 71.0% |
| Others | 4.4 | 4.0 | 3.8 | 3.4 | -8.2% |
| Total | 28.9 | 26.1 | 37.2 | 32.7 | 4.2% |
Top Suppliers of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather to Romania in 2022:
- Italy (277.5K units)
- India (225.8K units)
- Poland (192.0K units)
- Germany (188.8K units)
- Pakistan (152.9K units)
- Hungary (144.4K units)
- China (134.2K units)
- Turkey (130.6K units)
- Netherlands (95.9K units)
- Czech Republic (90.8K units)
- Sweden (84.6K units)
- Bulgaria (67.2K units)
- Spain (65.8K units)
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