Price for Embroidery; in the Piece, in Strips or in Motifs in Ireland - 2023

Contents:

  1. Price for Embroidery; in the Piece, in Strips or in Motifs in Ireland (CIF) - 2022
  2. Price for Embroidery; in the Piece, in Strips or in Motifs in Ireland (FOB) - 2022
  3. Imports of Embroidery; in the Piece, in Strips or in Motifs in Ireland
  4. Exports of Embroidery; in the Piece, in Strips or in Motifs in Ireland

Price for Embroidery; in the Piece, in Strips or in Motifs in Ireland (CIF) - 2022

The average import price for embroidery; in the piece, in strips or in motifses stood at $20,996 per ton in 2022, waning by -51.8% against the previous year. In general, the import price saw a deep slump. The growth pace was the most rapid in 2017 when the average import price increased by 57% against the previous year. The import price peaked at $60,810 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($131,427 per ton), while the price for Germany ($3,168 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+9.3%), 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 Ireland (FOB) - 2022

The average export price for embroidery; in the piece, in strips or in motifses stood at $183,747 per ton in 2022, with an increase of 42% against the previous year. Over the period under review, the export price continues to indicate a buoyant expansion. The growth pace was the most rapid in 2016 when the average export price increased by 221% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($638,136 per ton), while the average price for exports to the Netherlands ($15,000 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 India (+306.5%), 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 Ireland

In 2022, approx. 93 tons of embroidery; in the piece, in strips or in motifses were imported into Ireland; growing by 96% against 2021. Over the period under review, imports enjoyed a significant increase. As a result, imports attained 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 dropped to $2M in 2022. In general, imports, however, recorded a perceptible contraction. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year.

Import of Embroidery; in the Piece, in Strips or in Motifs in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1,6491,1891,574933-17.3%
Germany220164120178-6.8%
FranceN/AN/A24.0169604.2%
China53.117.164.616947.1%
India84.51.644.01047.2%
Belgium25.739.057.177.444.4%
Others11161.317832142.5%
Total2,1441,4732,0611,951-3.1%

Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Ireland in 2022:

  1. Germany (56.0 tons)
  2. Belgium (12.5 tons)
  3. United Kingdom (7.1 tons)
  4. China (6.3 tons)
  5. India (2.9 tons)
  6. France (2.1 tons)

Exports of Embroidery; in the Piece, in Strips or in Motifs in Ireland

In 2022, the amount of embroidery; in the piece, in strips or in motifses exported from Ireland fell significantly to 91 kg, declining by -76.9% compared with the year before. Overall, exports saw a dramatic slump. The pace of growth was the most pronounced in 2021 when exports increased by 2.9%.

In value terms, exports of embroidery; in the piece, in strips or in motifses declined rapidly to $17K in 2022. In general, exports saw a precipitous setback. The most prominent rate of growth was recorded in 2021 when exports increased by 34%.

Export of Embroidery; in the Piece, in Strips or in Motifs in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal10.06.04.414.011.9%
United Kingdom21827.06.10.9-84.0%
DenmarkN/A0.2N/A0.441.4%
Spain4.94.74.20.2-65.6%
BrazilN/AN/AN/A0.10%
GermanyN/AN/A0.30.1-66.7%
Hong Kong SARN/AN/A32.0N/A0%
FranceN/AN/AN/AN/A0%
NetherlandsN/AN/AN/AN/A0%
Others1.9N/A3.91.0-19.3%
Total23538.050.816.7-58.6%

Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from Ireland in 2022:

  1. Portugal (22.0 kg)
  2. United Kingdom (22.0 kg)
  3. Brazil (3.0 kg)
  4. Denmark (2.0 kg)
  5. France (2.0 kg)
  6. Netherlands (1.0 kg)
  7. Germany (1.0 kg)
  8. Spain (1.0 kg)

Source: IndexBox Market Intelligence Platform

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