Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Uruguay - 2023
Contents:
- Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Uruguay (CIF) - 2023
- Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Uruguay (FOB) - 2022
- Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Uruguay
- Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Uruguay
Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Uruguay (CIF) - 2023
The average import price for articles of apparel and clothing accessories, of leather or of composition leather stood at $12.4 per unit in December 2023, increasing by 51% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The import price peaked at $15.5 per unit in October 2023; however, from November 2023 to December 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Argentina ($26.9 per unit), while the price for Hong Kong SAR ($3.1 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by India (+3.1%), 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 Uruguay (FOB) - 2022
In 2022, the average export price for articles of apparel and clothing accessories, of leather or of composition leather amounted to $67 per unit, increasing by 84% against the previous year. Over the period under review, the export price, however, saw a noticeable descent. Over the period under review, the average export prices hit record highs at $104 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($215 per unit), while the average price for exports to Latvia ($1.4 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 Latvia (+26.0%), 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 Uruguay
In 2022, imports of articles of apparel and clothing accessories, of leather or of composition leather into Uruguay reached 172K units, with an increase of 11% against 2021. The total import volume increased at an average annual rate of +7.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of articles of apparel and clothing accessories, of leather or of composition leather surged to $1.8M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +10.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 481 | 421 | 417 | 627 | 9.2% |
| India | 194 | 212 | 245 | 320 | 18.2% |
| Argentina | 201 | 128 | 245 | 192 | -1.5% |
| Pakistan | 58.8 | 98.0 | 80.4 | 151 | 36.9% |
| Brazil | 54.9 | 81.4 | 79.5 | 101 | 22.5% |
| Netherlands | 42.1 | 13.9 | 72.5 | 70.6 | 18.8% |
| Spain | 62.8 | 33.1 | 39.2 | 58.9 | -2.1% |
| Others | 207 | 125 | 121 | 252 | 6.8% |
| Total | 1,301 | 1,112 | 1,300 | 1,773 | 10.9% |
Top Suppliers of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather to Uruguay in 2022:
- China (78.7K units)
- India (38.7K units)
- Pakistan (11.6K units)
- Netherlands (11.2K units)
- Brazil (7.7K units)
- Argentina (7.3K units)
- Spain (5.4K units)
Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Uruguay
For the third year in a row, Uruguay recorded decline in overseas shipments of articles of apparel and clothing accessories, of leather or of composition leather, which decreased by -69.4% to 136 units in 2022. Overall, exports showed a dramatic setback. Over the period under review, the exports of attained the peak figure at 7.8K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of articles of apparel and clothing accessories, of leather or of composition leather dropped sharply to $9.1K in 2022. Over the period under review, exports recorded a precipitous slump. The exports peaked at $715K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 0.2 | N/A | N/A | 4.1 | 173.7% |
| Chile | 243 | 0.1 | 11.2 | 1.7 | -80.9% |
| Australia | N/A | N/A | N/A | 1.6 | 0% |
| Peru | N/A | N/A | N/A | 1.1 | 0% |
| Colombia | N/A | N/A | 0.2 | 0.6 | 200.0% |
| Argentina | 131 | 0.4 | N/A | N/A | -99.7% |
| United Kingdom | 30.9 | N/A | N/A | N/A | 0% |
| Germany | 61.0 | 5.0 | N/A | N/A | -91.8% |
| Latvia | N/A | N/A | N/A | N/A | 0% |
| United States | 14.4 | 2.7 | 0.6 | N/A | -79.6% |
| Philippines | N/A | 87.8 | N/A | N/A | 0% |
| Jamaica | 126 | N/A | 0.1 | N/A | -97.2% |
| Others | 108 | 15.1 | 4.0 | N/A | -80.8% |
| Total | 715 | 111 | 16.1 | 9.1 | -76.7% |
Top Export Markets for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather from Uruguay in 2022:
- Peru (40.0 units)
- Australia (33.0 units)
- Colombia (20.0 units)
- Spain (19.0 units)
- Chile (15.0 units)
- Latvia (7.0 units)
- United States (1.0 units)
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