Price for Embroidery; in the Piece, in Strips or in Motifs in Germany - 2023
Contents:
- Price for Embroidery; in the Piece, in Strips or in Motifs in Germany (CIF) - 2023
- Price for Embroidery; in the Piece, in Strips or in Motifs in Germany (FOB) - 2022
- Imports of Embroidery; in the Piece, in Strips or in Motifs in Germany
- Exports of Embroidery; in the Piece, in Strips or in Motifs in Germany
Price for Embroidery; in the Piece, in Strips or in Motifs in Germany (CIF) - 2023
In September 2023, the average import price for embroidery; in the piece, in strips or in motifses amounted to $60,661 per ton, picking up by 105% against the previous month. Over the period under review, import price indicated resilient growth from October 2022 to September 2023: its price increased at an average monthly rate of +5.9% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, import price for embroidery; in the piece, in strips or in motifses increased by +117.8% against June 2023 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was India ($44,250 per ton), while the price for Turkey ($24,444 per ton) was amongst the lowest.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+8.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Embroidery; in the Piece, in Strips or in Motifs in Germany (FOB) - 2022
In 2022, the average export price for embroidery; in the piece, in strips or in motifses amounted to $55,306 per ton, reducing by -14.5% against the previous year. Overall, the export price recorded a noticeable slump. The growth pace was the most rapid in 2021 when the average export price increased by 24%. The export price peaked at $80,863 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
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 France ($143,612 per ton), while the average price for exports to Poland ($11,921 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 Belgium (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Embroidery; in the Piece, in Strips or in Motifs in Germany
In 2022, after two years of decline, there was significant growth in purchases abroad of embroidery; in the piece, in strips or in motifses, when their volume increased by 13% to 742 tons. The total import volume increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of embroidery; in the piece, in strips or in motifses stood at $29M in 2022. In general, imports, however, saw a mild decrease. The most prominent rate of growth was recorded in 2021 with an increase of 13%.
| Import of Embroidery; in the Piece, in Strips or in Motifs in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 6.2 | 5.0 | 7.0 | 6.3 | 0.5% |
| Turkey | 3.4 | 3.9 | 5.2 | 5.6 | 18.1% |
| China | 6.0 | 4.9 | 3.4 | 4.6 | -8.5% |
| India | 2.6 | 1.7 | 2.1 | 2.0 | -8.4% |
| Taiwan (Chinese) | 1.8 | 1.3 | 1.9 | 1.9 | 1.8% |
| Switzerland | 1.5 | 1.1 | 1.4 | 1.3 | -4.7% |
| Italy | 1.0 | 0.7 | 0.7 | 1.2 | 6.3% |
| Czech Republic | 2.0 | 2.0 | 1.4 | 1.0 | -20.6% |
| Netherlands | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Others | 5.7 | 4.2 | 4.7 | 4.9 | -4.9% |
| Total | 30.3 | 24.8 | 28.1 | 29.0 | -1.5% |
Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Germany in 2022:
- China (271.5 tons)
- Turkey (238.2 tons)
- India (45.9 tons)
- Romania (32.4 tons)
- Italy (22.5 tons)
- Czech Republic (15.2 tons)
- Netherlands (15.1 tons)
- Taiwan (Chinese) (14.0 tons)
- Switzerland (13.7 tons)
Exports of Embroidery; in the Piece, in Strips or in Motifs in Germany
In 2022, overseas shipments of embroidery; in the piece, in strips or in motifses were finally on the rise to reach 465 tons after two years of decline. Overall, exports, however, recorded a abrupt curtailment.
In value terms, exports of embroidery; in the piece, in strips or in motifses shrank to $26M in 2022. In general, exports, however, recorded a abrupt shrinkage. The growth pace was the most rapid in 2021 when exports increased by 17%.
| Export of Embroidery; in the Piece, in Strips or in Motifs in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 4.6 | 4.3 | 5.1 | 5.0 | 2.8% |
| Switzerland | 4.7 | 3.4 | 4.8 | 3.9 | -6.0% |
| Austria | 2.9 | 2.9 | 2.9 | 3.2 | 3.3% |
| Poland | 3.9 | 2.5 | 2.1 | 2.0 | -20.0% |
| Romania | 2.2 | 0.9 | 1.4 | 1.8 | -6.5% |
| United States | 0.8 | 0.5 | 1.1 | 1.2 | 14.5% |
| Czech Republic | 1.1 | 1.0 | 0.9 | 1.0 | -3.1% |
| Italy | 0.9 | 1.1 | 0.8 | 0.5 | -17.8% |
| North Macedonia | 0.3 | 0.2 | 0.3 | 0.4 | 10.1% |
| Ukraine | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
| Others | 8.7 | 6.0 | 7.4 | 6.5 | -9.3% |
| Total | 30.2 | 23.2 | 27.2 | 25.7 | -5.2% |
Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from Germany in 2022:
- Poland (165.3 tons)
- Austria (96.2 tons)
- France (34.9 tons)
- Romania (27.8 tons)
- Switzerland (27.0 tons)
- Czech Republic (11.5 tons)
- North Macedonia (9.0 tons)
- United States (9.0 tons)
- Ukraine (7.4 tons)
- Italy (4.0 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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