Price for Clothing; Parts, Knitted or Crocheted in Saudi Arabia - 2021
Contents:
- Price for Clothing; Parts, Knitted or Crocheted in Saudi Arabia (FOB) - 2022
- Exports of Clothing; Parts, Knitted or Crocheted in Saudi Arabia
Price for Clothing; Parts, Knitted or Crocheted in Saudi Arabia (FOB) - 2022
In 2022, the average export price for clothing; parts, knitted or crocheted amounted to $44,925 per ton, with an increase of 13% against the previous year. Over the period under review, export price indicated prominent growth from 2018 to 2022: its price increased at an average annual rate of +17.2% over the last four-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, clothing; parts, knitted or crocheted export price decreased by -2.2% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 93% against the previous year. As a result, the export price reached the peak level of $45,939 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sri Lanka ($76,609 per ton), while the average price for exports to Sweden ($3,000 per ton) was amongst the lowest.
From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-83.0%).
Exports of Clothing; Parts, Knitted or Crocheted in Saudi Arabia
In 2022, clothing; parts, knitted or crocheted exports from Saudi Arabia shrank to 67 kg, declining by -6.9% compared with the previous year. Over the period under review, exports showed a sharp decrease.
In value terms, clothing; parts, knitted or crocheted exports totaled $3K in 2022. In general, exports faced a precipitous contraction.
| Export of Clothing; Parts, Knitted or Crocheted in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Sri Lanka | N/A | N/A | 1.8 | 0% | |
| Turkey | N/A | N/A | 1.1 | 0% | |
| United Arab Emirates | N/A | 0.2 | N/A | 0% | |
| Sweden | N/A | N/A | N/A | 0% | |
| United States | N/A | 86.3 | N/A | 0% | |
| South Africa | N/A | N/A | N/A | 0% | |
| Kuwait | 3.1 | N/A | N/A | 0% | |
| Singapore | N/A | N/A | N/A | 0% | |
| Italy | N/A | N/A | N/A | 0% | |
| Others | N/A | -83.6 | 0.1 | -100.1% | |
| Total | 3.1 | 2.9 | 3.0 | -1.6% | |
Top Export Markets for Clothing; Parts, Knitted or Crocheted from Saudi Arabia in 2022:
- Turkey (36.0 kg)
- Sri Lanka (23.0 kg)
- Italy (1.0 kg)
- Singapore (1.0 kg)
- United Arab Emirates (1.0 kg)
- South Africa (1.0 kg)
- Sweden (1.0 kg)
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