Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in the United Arab Emirates - 2022

Contents:

  1. Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in the United Arab Emirates (CIF) - 2022
  2. Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in the United Arab Emirates (FOB) - 2022
  3. Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in the United Arab Emirates
  4. Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in the United Arab Emirates

Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in the United Arab Emirates (CIF) - 2022

The average import price for articles of apparel, clothing accessories and other articles of furskin stood at $294 per unit in 2022, declining by -58% against the previous year. Over the period under review, the import price showed a deep setback. The growth pace was the most rapid in 2019 when the average import price increased by 195%. The import price peaked at $1,506 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Greece ($1,673 per unit), while the price for Jordan ($1.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.3%), while the prices for the other major suppliers experienced a decline.

Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for articles of apparel, clothing accessories and other articles of furskin amounted to $371 per unit, shrinking by -29% against the previous year. In general, the export price continues to indicate a pronounced slump. The pace of growth was the most pronounced in 2019 when the average export price increased by 183%. The export price peaked at $606 per unit in 2012; however, from 2013 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 Italy ($2,151 per unit), while the average price for exports to Oman ($6.6 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 Saudi Arabia (+46.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in the United Arab Emirates

In 2022, imports of articles of apparel, clothing accessories and other articles of furskin into the United Arab Emirates shrank to 62K units, which is down by -13.7% compared with the year before. Over the period under review, imports continue to indicate a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 55%. Over the period under review, imports of attained the peak figure at 94K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of articles of apparel, clothing accessories and other articles of furskin contracted rapidly to $18M in 2022. Overall, imports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 151%. Imports peaked at $64M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy3.02.12.69.245.3%
Greece24.15.816.33.9-45.5%
France0.80.72.81.523.3%
China4.01.91.51.5-27.9%
Turkey1.60.30.80.6-27.9%
India0.10.10.60.571.0%
BangladeshN/AN/AN/A0.20%
JordanN/AN/AN/AN/A0%
Others30.19.225.90.9-69.0%
Total63.620.150.518.3-34.0%

Top Suppliers of Articles of Apparel, Clothing Accessories and Other Articles of Furskin to the United Arab Emirates in 2022:

  1. China (27.8K units)
  2. India (13.3K units)
  3. Italy (5.9K units)
  4. Bangladesh (3.5K units)
  5. Greece (2.3K units)
  6. Turkey (2.0K units)
  7. Jordan (1.5K units)
  8. France (1.4K units)

Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in the United Arab Emirates

In 2022, shipments abroad of articles of apparel, clothing accessories and other articles of furskin was finally on the rise to reach 19K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports saw buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of articles of apparel, clothing accessories and other articles of furskin surged to $7M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +5.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.70.4N/A2,0921340.4%
Italy1,0178818111,40111.3%
Greece1,0698967501,050-0.6%
QatarN/AN/AN/A5900%
Germany40453910654810.7%
France0.416.9190368872.6%
Saudi Arabia38.34.01.823583.1%
Oman14.88.79.418.16.9%
Hong Kong SAR7609.7N/A15.1-72.9%
MozambiqueN/A631N/AN/A0%
Others2,6862,4651,907651-37.7%
Total5,9905,4513,7746,9675.2%

Top Export Markets for Articles of Apparel, Clothing Accessories and Other Articles of Furskin from the United Arab Emirates in 2022:

  1. France (8.6K units)
  2. Oman (2.7K units)
  3. Germany (1.5K units)
  4. Greece (1.3K units)
  5. United States (1.3K units)
  6. Saudi Arabia (1.1K units)
  7. Italy (0.7K units)
  8. Qatar (0.5K units)

Source: IndexBox Market Intelligence Platform

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