Price for Embroidery; in the Piece, in Strips or in Motifs in Belgium - 2023
Contents:
- Price for Embroidery; in the Piece, in Strips or in Motifs in Belgium (CIF) - 2022
- Price for Embroidery; in the Piece, in Strips or in Motifs in Belgium (FOB) - 2022
- Imports of Embroidery; in the Piece, in Strips or in Motifs in Belgium
- Exports of Embroidery; in the Piece, in Strips or in Motifs in Belgium
Price for Embroidery; in the Piece, in Strips or in Motifs in Belgium (CIF) - 2022
The average import price for embroidery; in the piece, in strips or in motifses stood at $11,760 per ton in 2022, dropping by -45% against the previous year. Over the period under review, the import price recorded a deep setback. The pace of growth was the most pronounced in 2018 an increase of 43%. Over the period under review, average import prices attained the maximum at $36,423 per ton in 2019; however, from 2020 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 France ($44,458 per ton), while the price for Marshall Islands ($504 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.5%), while the prices for the other major suppliers experienced a decline.
Price for Embroidery; in the Piece, in Strips or in Motifs in Belgium (FOB) - 2022
The average export price for embroidery; in the piece, in strips or in motifses stood at $33,669 per ton in 2022, rising by 9.2% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 45% against the previous year. The export price peaked at $58,382 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($179,245 per ton), while the average price for exports to Denmark ($5,196 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 France (+1.1%), while the prices for the other major destinations experienced a decline.
Imports of Embroidery; in the Piece, in Strips or in Motifs in Belgium
Imports of embroidery; in the piece, in strips or in motifses into Belgium soared to 1.1K tons in 2022, with an increase of 82% compared with 2021. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 96% against the previous year. Over the period under review, imports of embroidery; in piece, in strips or in motifses attained the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, imports of embroidery; in the piece, in strips or in motifses amounted to $13M in 2022. The total import value increased at an average annual rate of +5.5% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 20% against the previous year. Over the period under review, imports of embroidery; in piece, in strips or in motifses hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Embroidery; in the Piece, in Strips or in Motifs in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 3.6 | 3.5 | 4.5 | 3.9 | 2.7% |
| China | 2.0 | 1.7 | 2.1 | 2.8 | 11.9% |
| Spain | 1.5 | 1.6 | 1.7 | 1.3 | -4.7% |
| India | 1.3 | 0.6 | 0.6 | 1.2 | -2.6% |
| Germany | 0.2 | 0.4 | 0.4 | 0.5 | 35.7% |
| Marshall Islands | N/A | N/A | N/A | N/A | 0% |
| Others | 2.2 | 2.6 | 3.2 | 2.8 | 8.4% |
| Total | 10.7 | 10.4 | 12.6 | 12.6 | 5.6% |
Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Belgium in 2022:
- China (440.7 tons)
- India (403.6 tons)
- France (88.7 tons)
- Marshall Islands (47.8 tons)
- Germany (20.9 tons)
- Spain (16.0 tons)
Exports of Embroidery; in the Piece, in Strips or in Motifs in Belgium
After three years of growth, overseas shipments of embroidery; in the piece, in strips or in motifses decreased by -9.1% to 284 tons in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +15.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 37% against the previous year. As a result, the exports attained the peak of 312 tons, and then declined in the following year.
In value terms, exports of embroidery; in the piece, in strips or in motifses reduced modestly to $9.6M in 2022. The total export value increased at an average annual rate of +5.8% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. As a result, the exports reached the peak of $9.6M, leveling off in the following year.
| Export of Embroidery; in the Piece, in Strips or in Motifs in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tunisia | 3,275 | 3,291 | 4,127 | 3,619 | 3.4% |
| China | 815 | 1,796 | 2,415 | 2,930 | 53.2% |
| United States | 586 | 530 | 686 | 955 | 17.7% |
| France | 417 | 809 | 1,075 | 781 | 23.3% |
| Germany | 166 | 697 | 231 | 246 | 14.0% |
| United Kingdom | 306 | 126 | 82.9 | 132 | -24.4% |
| Netherlands | 534 | 214 | 160 | 129 | -37.7% |
| Italy | 538 | 196 | 172 | 97.6 | -43.4% |
| Denmark | 17.2 | 10.4 | 18.4 | 78.9 | 66.2% |
| Others | 1,428 | 1,032 | 669 | 596 | -25.3% |
| Total | 8,083 | 8,702 | 9,636 | 9,565 | 5.8% |
Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from Belgium in 2022:
- France (137.1 tons)
- United States (28.1 tons)
- Tunisia (25.4 tons)
- Germany (19.7 tons)
- China (16.3 tons)
- Denmark (15.2 tons)
- United Kingdom (11.0 tons)
- Netherlands (10.2 tons)
- Italy (3.4 tons)
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In value terms, embroidery imports amounted to $X in 2016. In general, embroidery imports continue to indicate a significant deduction. Over the period under review, global embroidery imports reach...
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