Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Sweden - 2023
Contents:
- Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Sweden (CIF) - 2023
- Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Sweden (FOB) - 2023
- Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Sweden
- Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Sweden
Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Sweden (CIF) - 2023
The average import price for articles of apparel and clothing accessories, of leather or of composition leather stood at $32.6 per unit in November 2023, with an increase of 4.9% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 24% against the previous month. Over the period under review, average import prices attained the maximum at $34.6 per unit in November 2022; however, from December 2022 to November 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Turkey ($94.0 per unit), while the price for Pakistan ($18.7 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 Germany (+2.8%), 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 Sweden (FOB) - 2023
The average export price for articles of apparel and clothing accessories, of leather or of composition leather stood at $60.0 per unit in November 2023, therefore, remained relatively stable against the previous month. Over the period under review, export price indicated a noticeable increase from November 2022 to November 2023: its price increased at an average monthly rate of +2.2% 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, export price for articles of apparel and clothing accessories, of leather or of composition leather increased by +71.5% against June 2023 indices. The growth pace was the most rapid in August 2023 an increase of 30% month-to-month. Over the period under review, the average export prices reached the peak figure in November 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Austria ($236 per unit), while the average price for exports to Romania ($25.6 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 Belgium (+5.5%), 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 Sweden
In 2022, imports of articles of apparel and clothing accessories, of leather or of composition leather into Sweden rose significantly to 4.1M units, growing by 7.6% compared with the year before. Over the period under review, imports, however, continue to indicate a slight decrease. The growth pace was the most rapid in 2021 with an increase of 11%. Imports peaked at 4.3M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of articles of apparel and clothing accessories, of leather or of composition leather rose markedly to $113M in 2022. The total import value increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 15% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.
| Import of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 41.0 | 27.8 | 34.0 | 35.7 | -4.5% |
| Pakistan | 17.2 | 16.1 | 18.6 | 18.9 | 3.2% |
| Italy | 6.3 | 5.2 | 5.7 | 9.8 | 15.9% |
| Netherlands | 3.2 | 3.6 | 3.9 | 9.2 | 42.2% |
| Poland | 5.8 | 7.0 | 7.9 | 6.9 | 6.0% |
| India | 6.7 | 6.8 | 7.4 | 5.6 | -5.8% |
| Germany | 6.2 | 5.4 | 4.7 | 4.7 | -8.8% |
| Denmark | 5.5 | 5.8 | 5.7 | 4.5 | -6.5% |
| Others | 12.7 | 11.2 | 14.2 | 17.6 | 11.5% |
| Total | 105 | 89.0 | 102 | 113 | 2.5% |
Top Suppliers of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather to Sweden in 2022:
- China (1745.4K units)
- Pakistan (1125.8K units)
- India (262.4K units)
- Italy (237.1K units)
- Netherlands (122.4K units)
- Poland (118.0K units)
- Denmark (113.1K units)
- Germany (98.7K units)
Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Sweden
In 2022, after two years of decline, there was significant growth in shipments abroad of articles of apparel and clothing accessories, of leather or of composition leather, when their volume increased by 10% to 2.1M units. Overall, exports, however, continue to indicate a slight shrinkage. Over the period under review, the exports of attained the peak figure at 2.2M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of articles of apparel and clothing accessories, of leather or of composition leather rose rapidly to $83M in 2022. The total export value increased at an average annual rate of +6.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 12% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 13.1 | 12.8 | 12.8 | 14.4 | 3.2% |
| Norway | 11.7 | 12.7 | 15.0 | 13.7 | 5.4% |
| Finland | 8.4 | 7.9 | 9.1 | 8.9 | 1.9% |
| Denmark | 5.1 | 5.1 | 5.6 | 6.7 | 9.5% |
| Poland | 4.5 | 4.8 | 5.5 | 5.7 | 8.2% |
| Netherlands | 2.3 | 2.9 | 3.8 | 5.2 | 31.2% |
| Belgium | 2.8 | 2.2 | 2.3 | 3.3 | 5.6% |
| United States | 2.6 | 2.1 | 2.2 | 2.6 | 0.0% |
| United Kingdom | 3.1 | 2.4 | 2.3 | 2.6 | -5.7% |
| France | 1.3 | 1.3 | 1.9 | 2.4 | 22.7% |
| Italy | 0.8 | 0.8 | 1.3 | 1.9 | 33.4% |
| Hungary | 0.9 | 0.9 | 1.0 | 1.0 | 3.6% |
| Slovenia | 0.4 | 0.4 | 0.5 | 0.7 | 20.5% |
| Others | 12.4 | 11.3 | 12.3 | 13.8 | 3.6% |
| Total | 69.5 | 67.6 | 75.7 | 82.7 | 6.0% |
Top Export Markets for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather from Sweden in 2022:
- Germany (324.5K units)
- Finland (309.5K units)
- Norway (267.4K units)
- Poland (245.8K units)
- Netherlands (115.5K units)
- Belgium (108.0K units)
- Denmark (106.7K units)
- United States (75.4K units)
- United Kingdom (61.7K units)
- France (44.4K units)
- Hungary (39.1K units)
- Slovenia (36.4K units)
- Italy (32.6K units)
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