Price for Clothing; Parts, Knitted or Crocheted in Norway - 2023

Contents:

  1. Price for Clothing; Parts, Knitted or Crocheted in Norway (CIF) - 2022
  2. Price for Clothing; Parts, Knitted or Crocheted in Norway (FOB) - 2022
  3. Imports of Clothing; Parts, Knitted or Crocheted in Norway
  4. Exports of Clothing; Parts, Knitted or Crocheted in Norway

Price for Clothing; Parts, Knitted or Crocheted in Norway (CIF) - 2022

In 2022, the average import price for clothing; parts, knitted or crocheted amounted to $38,129 per ton, waning by -11.4% against the previous year. In general, the import price continues to indicate a noticeable setback. The pace of growth was the most pronounced in 2020 an increase of 15% against the previous year. Over the period under review, average import prices reached the maximum at $74,949 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($106,756 per ton), while the price for Portugal ($11,621 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.4%), while the prices for the other major suppliers experienced a decline.

Price for Clothing; Parts, Knitted or Crocheted in Norway (FOB) - 2022

In 2022, the average export price for clothing; parts, knitted or crocheted amounted to $56,045 per ton, reducing by -5.2% against the previous year. Overall, the export price, however, continues to indicate a modest expansion. The pace of growth appeared the most rapid in 2020 an increase of 108%. The export price peaked at $86,801 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($155,070 per ton), while the average price for exports to Poland ($36,000 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 the UK (+8.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Clothing; Parts, Knitted or Crocheted in Norway

In 2022, clothing; parts, knitted or crocheted imports into Norway expanded remarkably to 8.5 tons, increasing by 8.9% on the year before. Overall, imports, however, recorded a abrupt downturn.

In value terms, clothing; parts, knitted or crocheted imports dropped modestly to $324K in 2022. Over the period under review, imports, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 17%.

Import of Clothing; Parts, Knitted or Crocheted in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China198147215181-2.9%
Taiwan (Chinese)28.23.313.245.217.0%
Turkey37.70.710.712.8-30.2%
India10.511.52.810.60.3%
Portugal0.216.28.86.4217.5%
United Kingdom12.83.96.24.9-27.4%
Others87.010378.862.8-10.3%
Total375286336324-4.8%

Top Suppliers of Clothing; Parts, Knitted or Crocheted to Norway in 2022:

  1. China (4.3 tons)
  2. Taiwan (Chinese) (1.9 tons)
  3. Turkey (0.5 tons)
  4. Portugal (0.5 tons)
  5. India (0.4 tons)
  6. United Kingdom (0.1 tons)

Exports of Clothing; Parts, Knitted or Crocheted in Norway

In 2022, the amount of clothing; parts, knitted or crocheted exported from Norway shrank remarkably to 2.3 tons, dropping by -53% compared with 2021 figures. Over the period under review, exports saw a sharp decline. The pace of growth appeared the most rapid in 2021 when exports increased by 4.2% against the previous year.

In value terms, clothing; parts, knitted or crocheted exports shrank remarkably to $127K in 2022. In general, exports recorded a precipitous descent. The pace of growth appeared the most rapid in 2021 when exports increased by 13% against the previous year.

Export of Clothing; Parts, Knitted or Crocheted in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden22763.942.926.2-51.3%
Finland11.70.88.124.828.5%
United Kingdom70.63.70.415.5-39.7%
Denmark21032.145.911.8-61.7%
Switzerland6.2N/AN/A7.98.4%
Italy3791.13.07.7-72.7%
United States37.67.10.23.9-53.0%
Canada74.93.2N/A2.3-68.7%
Austria50.7N/AN/AN/A0%
Moldova0.8N/AN/AN/A0%
Others18813918426.9-47.7%
Total1,256251285127-53.4%

Top Export Markets for Clothing; Parts, Knitted or Crocheted from Norway in 2022:

  1. Finland (670.0 kg)
  2. Sweden (664.0 kg)
  3. Switzerland (164.0 kg)
  4. Italy (112.0 kg)
  5. Denmark (112.0 kg)
  6. United States (105.0 kg)
  7. United Kingdom (100.0 kg)
  8. Canada (23.0 kg)

Source: IndexBox Market Intelligence Platform

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