Price for Clothing; Parts, Knitted or Crocheted in Italy - 2023
Contents:
- Price for Clothing; Parts, Knitted or Crocheted in Italy (FOB) - 2022
- Price for Clothing; Parts, Knitted or Crocheted in Italy (CIF) - 2022
- Exports of Clothing; Parts, Knitted or Crocheted in Italy
- Imports of Clothing; Parts, Knitted or Crocheted in Italy
Price for Clothing; Parts, Knitted or Crocheted in Italy (FOB) - 2022
In 2022, the average export price for clothing; parts, knitted or crocheted amounted to $91,961 per ton, reducing by -18.5% against the previous year. In general, the export price, however, continues to indicate a resilient expansion. The growth pace was the most rapid in 2020 when the average export price increased by 67% against the previous year. The export price peaked at $112,831 per ton in 2021, and then contracted remarkably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($291,128 per ton), while the average price for exports to Turkey ($16,485 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+14.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Clothing; Parts, Knitted or Crocheted in Italy (CIF) - 2022
The average import price for clothing; parts, knitted or crocheted stood at $46,908 per ton in 2022, with an increase of 13% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 27% against the previous year. Over the period under review, average import prices attained the peak figure at $56,881 per ton in 2013; however, from 2014 to 2022, import prices remained at a 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 Croatia ($96,213 per ton), while the price for Serbia ($27,747 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Albania (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Clothing; Parts, Knitted or Crocheted in Italy
In 2022, the amount of clothing; parts, knitted or crocheted exported from Italy shrank to 1.2K tons, which is down by -11.8% on 2021 figures. The total export volume increased at an average annual rate of +2.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 36%. As a result, the exports reached the peak of 1.4K tons, and then declined in the following year.
In value terms, clothing; parts, knitted or crocheted exports reduced markedly to $113M in 2022. Overall, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 84%. As a result, the exports reached the peak of $157M, and then contracted rapidly in the following year.
Export of Clothing; Parts, Knitted or Crocheted in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hong Kong SAR | 7.3 | 16.7 | 44.3 | 18.3 | 35.8% |
United States | 2.6 | 3.9 | 10.9 | 12.2 | 67.4% |
Romania | 7.6 | 6.2 | 9.4 | 8.2 | 2.6% |
China | 2.3 | 3.8 | 8.5 | 5.9 | 36.9% |
Switzerland | 1.2 | 0.9 | 3.9 | 4.9 | 59.8% |
United Kingdom | 1.0 | 0.8 | 6.1 | 4.4 | 63.9% |
France | 3.3 | 2.3 | 4.0 | 4.1 | 7.5% |
Croatia | 2.8 | 3.9 | 6.4 | 3.7 | 9.7% |
Albania | 3.5 | 2.7 | 3.8 | 3.5 | 0.0% |
Tunisia | 1.1 | 1.0 | 1.2 | 1.8 | 17.8% |
Serbia | 2.0 | 2.1 | 1.7 | 1.7 | -5.3% |
Bosnia and Herzegovina | 1.7 | 1.3 | 2.2 | 1.7 | 0.0% |
Turkey | 0.4 | 0.3 | 0.4 | 0.6 | 14.5% |
Others | 19.6 | 39.2 | 54.3 | 42.0 | 28.9% |
Total | 56.4 | 85.1 | 157 | 113 | 26.1% |
Top Export Markets for Clothing; Parts, Knitted or Crocheted from Italy in 2022:
- Romania (195.4 tons)
- Albania (138.0 tons)
- Croatia (94.5 tons)
- Serbia (93.7 tons)
- Hong Kong SAR (62.7 tons)
- France (58.4 tons)
- China (52.1 tons)
- United States (50.7 tons)
- Bosnia and Herzegovina (47.7 tons)
- United Kingdom (36.7 tons)
- Tunisia (35.3 tons)
- Switzerland (34.5 tons)
- Turkey (34.2 tons)
Imports of Clothing; Parts, Knitted or Crocheted in Italy
In 2022, approx. 260 tons of clothing; parts, knitted or crocheted were imported into Italy; surging by 8.7% against the previous year's figure. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +16.3% 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 +57.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 52% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, clothing; parts, knitted or crocheted imports surged to $12M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.6% 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 +84.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 27% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.
Import of Clothing; Parts, Knitted or Crocheted in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Croatia | 0.6 | 1.4 | 4.3 | 4.8 | 100.0% |
Romania | 3.7 | 3.7 | 3.1 | 4.1 | 3.5% |
Serbia | N/A | N/A | N/A | 1.0 | 0% |
Albania | 0.1 | 0.1 | 0.3 | 0.4 | 58.7% |
China | 0.5 | 0.4 | 0.6 | 0.2 | -26.3% |
United Kingdom | 0.1 | 1.8 | N/A | N/A | 1700.0% |
Others | 1.6 | 1.0 | 1.5 | 1.5 | -2.1% |
Total | 6.6 | 8.4 | 9.9 | 12.2 | 22.7% |
Top Suppliers of Clothing; Parts, Knitted or Crocheted to Italy in 2022:
- Romania (141.9 tons)
- Croatia (50.0 tons)
- Serbia (37.5 tons)
- Albania (7.2 tons)
- China (6.7 tons)
- United Kingdom (0.4 tons)
This report provides an in-depth analysis of the market for knitted shawl and scarf in Italy.
This report provides an in-depth analysis of the global market for knitted shawl and scarf.
This report provides an in-depth analysis of the market for knitted shawl and scarf in Italy.
This report provides an in-depth analysis of the global market for knitted shawl and scarf.
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