Price for Embroidery; in the Piece, in Strips or in Motifs in Indonesia - 2022
Contents:
- Price for Embroidery; in the Piece, in Strips or in Motifs in Indonesia (CIF) - 2022
- Price for Embroidery; in the Piece, in Strips or in Motifs in Indonesia (FOB) - 2022
- Imports of Embroidery; in the Piece, in Strips or in Motifs in Indonesia
- Exports of Embroidery; in the Piece, in Strips or in Motifs in Indonesia
Price for Embroidery; in the Piece, in Strips or in Motifs in Indonesia (CIF) - 2022
The average import price for embroidery; in the piece, in strips or in motifses stood at $26,010 per ton in 2022, increasing by 82% against the previous year. In general, the import price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 125% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($103,505 per ton), while the price for India ($6,722 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Embroidery; in the Piece, in Strips or in Motifs in Indonesia (FOB) - 2022
The average export price for embroidery; in the piece, in strips or in motifses stood at $16,553 per ton in 2022, rising by 24% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 101% against the previous year. The export price peaked at $41,893 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat 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 the United States ($55,521 per ton), while the average price for exports to Saudi Arabia ($7,279 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 United States (+11.3%), 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 Indonesia
For the third year in a row, Indonesia recorded decline in overseas purchases of embroidery; in the piece, in strips or in motifses, which decreased by -32.8% to 498 tons in 2022. In general, imports continue to indicate a dramatic slump. The smallest decline of -14.8% was in 2021.
In value terms, imports of embroidery; in the piece, in strips or in motifses surged to $13M in 2022. Over the period under review, imports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2021 when imports increased by 48%.
| Import of Embroidery; in the Piece, in Strips or in Motifs in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 3.2 | 1.7 | 3.7 | 7.4 | 32.2% |
| China | 23.7 | 3.8 | 3.1 | 4.3 | -43.4% |
| India | 0.3 | N/A | N/A | 0.4 | 10.1% |
| Malaysia | N/A | 0.8 | 2.4 | N/A | 200.0% |
| Others | 1.1 | 0.8 | 1.4 | 0.8 | -10.1% |
| Total | 28.4 | 7.2 | 10.6 | 12.9 | -23.1% |
Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Indonesia in 2022:
- China (338.5 tons)
- Hong Kong SAR (71.8 tons)
- India (62.7 tons)
- Malaysia (0.1 tons)
Exports of Embroidery; in the Piece, in Strips or in Motifs in Indonesia
In 2022, approx. 198 tons of embroidery; in the piece, in strips or in motifses were exported from Indonesia; waning by -2.4% compared with the year before. Over the period under review, exports saw a precipitous setback.
In value terms, exports of embroidery; in the piece, in strips or in motifses skyrocketed to $3.3M in 2022. In general, exports recorded a dramatic setback.
| Export of Embroidery; in the Piece, in Strips or in Motifs in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 402 | 177 | 780 | 896 | 30.6% |
| Thailand | 1,546 | 866 | 681 | 769 | -20.8% |
| China | 11.2 | 2.3 | 17.0 | 312 | 203.1% |
| Saudi Arabia | 958 | 49.1 | N/A | 215 | -39.2% |
| United States | 70.7 | 63.6 | 49.1 | 207 | 43.1% |
| United Arab Emirates | 418 | 223 | 143 | 106 | -36.7% |
| Chile | 93.5 | 26.9 | 86.3 | 101 | 2.6% |
| Canada | 31.2 | 46.4 | 102 | 76.2 | 34.7% |
| Singapore | 171 | 365 | 77.1 | 71.1 | -25.4% |
| Australia | 89.7 | 30.6 | 61.7 | 61.3 | -11.9% |
| Bangladesh | 560 | 517 | 190 | 52.3 | -54.6% |
| Others | 2,412 | 819 | 529 | 417 | -44.3% |
| Total | 6,761 | 3,187 | 2,716 | 3,284 | -21.4% |
Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from Indonesia in 2022:
- Thailand (80.2 tons)
- Saudi Arabia (29.6 tons)
- Malaysia (22.9 tons)
- China (14.2 tons)
- United Arab Emirates (11.5 tons)
- Canada (8.5 tons)
- Chile (4.4 tons)
- Australia (3.9 tons)
- United States (3.7 tons)
- Singapore (3.1 tons)
- Bangladesh (1.6 tons)
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