Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Russia - 2022

Contents:

  1. Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Russia (CIF) - 2022
  2. Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Russia (FOB) - 2022
  3. Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Russia
  4. Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Russia

Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Russia (CIF) - 2022

In 2022, the average import price for articles of apparel and clothing accessories, of leather or of composition leather amounted to $19 per unit, which is down by -36.6% against the previous year. Over the period under review, the import price showed a noticeable decline. The pace of growth appeared the most rapid in 2013 when the average import price increased by 37%. Over the period under review, average import prices hit record highs at $56 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat 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 Pakistan ($70 per unit), while the price for Kyrgyzstan ($6.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+4.6%), while the prices for the other major suppliers experienced a decline.

Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Russia (FOB) - 2022

The average export price for articles of apparel and clothing accessories, of leather or of composition leather stood at $27 per unit in 2022, with an increase of 37% against the previous year. Overall, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.6% 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 increased by +60.6% against 2020 indices. The growth pace was the most rapid in 2018 when the average export price increased by 43%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

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 France ($42 per unit), while the average price for exports to Azerbaijan ($3.6 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 Kazakhstan (+6.6%), while the prices for the other major destinations experienced a decline.

Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Russia

In 2022, after three years of growth, there was significant decline in overseas purchases of articles of apparel and clothing accessories, of leather or of composition leather, when their volume decreased by -13.7% to 9.3M units. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +11.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. As a result, imports reached the peak of 11M units, and then declined in the following year.

In value terms, imports of articles of apparel and clothing accessories, of leather or of composition leather shrank dramatically to $173M in 2022. Over the period under review, imports showed a deep setback. The growth pace was the most rapid in 2021 when imports increased by 47% against the previous year. As a result, imports reached the peak of $317M, and then shrank significantly in the following year.

Import of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China56.255.395.071.78.5%
Turkey9.59.313.913.612.7%
Pakistan12.910.027.510.5-6.6%
India17.011.014.19.4-17.9%
Germany16.511.612.67.1-24.5%
Kyrgyzstan1.30.21.14.652.4%
Netherlands5.93.57.42.2-28.0%
Spain9.99.710.11.3-49.2%
Belarus2.31.92.5N/A4.3%
Others12410413353.0-24.7%
Total255216317173-12.1%

Top Suppliers of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather to Russia in 2022:

  1. China (6.0M units)
  2. Kyrgyzstan (0.7M units)
  3. Turkey (0.5M units)
  4. India (0.4M units)
  5. Pakistan (0.2M units)
  6. Germany (0.2M units)
  7. Netherlands (0.1M units)

Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Russia

In 2022, after three years of growth, there was significant decline in shipments abroad of articles of apparel and clothing accessories, of leather or of composition leather, when their volume decreased by -44.6% to 195K units. Overall, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 40%. As a result, the exports attained the peak of 353K units, and then shrank dramatically in the following year.

In value terms, exports of articles of apparel and clothing accessories, of leather or of composition leather declined significantly to $5.2M in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 64%. As a result, the exports reached the peak of $6.9M, and then fell significantly in the following year.

Export of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan1,3361,0431,7181,91912.8%
France5.34395551,148500.6%
Armenia45.078.713914447.4%
Azerbaijan5.01.92.931.985.5%
Belarus2,0311,6061,786N/A-6.2%
Others1,8011,0382,6781,9913.4%
Total5,2244,2066,8795,2340.1%

Top Export Markets for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather from Russia in 2022:

  1. Kazakhstan (128.0K units)
  2. France (27.4K units)
  3. Armenia (18.8K units)
  4. Azerbaijan (8.8K units)

Source: IndexBox Market Intelligence Platform

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