Price for Embroidery; in the Piece, in Strips or in Motifs in Serbia - 2023
Contents:
- Price for Embroidery; in the Piece, in Strips or in Motifs in Serbia (CIF) - 2022
- Price for Embroidery; in the Piece, in Strips or in Motifs in Serbia (FOB) - 2022
- Imports of Embroidery; in the Piece, in Strips or in Motifs in Serbia
- Exports of Embroidery; in the Piece, in Strips or in Motifs in Serbia
Price for Embroidery; in the Piece, in Strips or in Motifs in Serbia (CIF) - 2022
The average import price for embroidery; in the piece, in strips or in motifses stood at $75,171 per ton in 2022, surging by 14% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 27%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.
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 Germany ($102,246 per ton), while the price for Turkey ($47,368 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.2%), 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 Serbia (FOB) - 2022
The average export price for embroidery; in the piece, in strips or in motifses stood at $78,370 per ton in 2022, falling by -28.7% against the previous year. Overall, the export price, however, continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2020 an increase of 134% against the previous year. The export price peaked at $109,862 per ton in 2021, and then reduced remarkably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($878,923 per ton), while the average price for exports to North Macedonia ($12,606 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 Turkey (+103.0%), 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 Serbia
In 2022, overseas purchases of embroidery; in the piece, in strips or in motifses were finally on the rise to reach 19 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a abrupt contraction.
In value terms, imports of embroidery; in the piece, in strips or in motifses skyrocketed to $1.4M in 2022. Over the period under review, imports, however, saw a noticeable descent.
| Import of Embroidery; in the Piece, in Strips or in Motifs in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 619 | 462 | 296 | 382 | -14.9% |
| Turkey | 100 | 125 | 47.7 | 297 | 43.7% |
| China | 388 | 125 | 89.7 | 221 | -17.1% |
| Germany | 156 | 135 | 129 | 126 | -6.9% |
| Greece | 15.3 | 23.8 | 42.5 | 50.3 | 48.7% |
| Austria | 7.4 | 11.2 | 9.4 | 37.3 | 71.5% |
| India | 205 | 47.4 | 112 | 25.5 | -50.1% |
| Others | 54.2 | 33.7 | 39.8 | 298 | 76.5% |
| Total | 1,546 | 963 | 766 | 1,438 | -2.4% |
Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Serbia in 2022:
- Turkey (6.3 tons)
- Italy (6.1 tons)
- China (3.5 tons)
- Germany (1.2 tons)
- Greece (0.5 tons)
- Austria (0.5 tons)
- India (0.3 tons)
Exports of Embroidery; in the Piece, in Strips or in Motifs in Serbia
In 2022, shipments abroad of embroidery; in the piece, in strips or in motifses increased by 114% to 1.6 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a abrupt curtailment.
In value terms, exports of embroidery; in the piece, in strips or in motifses surged to $128K in 2022. The total export value increased at an average annual rate of +5.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Embroidery; in the Piece, in Strips or in Motifs in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 44.5 | 50.6 | 60.2 | 59.7 | 10.3% |
| Turkey | N/A | N/A | N/A | 34.3 | 0% |
| North Macedonia | 15.8 | 2.8 | 3.6 | 9.7 | -15.0% |
| Germany | 20.9 | 6.4 | 5.1 | 9.6 | -22.8% |
| Croatia | 1.8 | 2.9 | 0.6 | 5.4 | 44.2% |
| Bosnia and Herzegovina | 6.3 | 1.9 | 8.8 | 4.7 | -9.3% |
| Montenegro | 2.6 | 1.6 | 0.3 | 0.8 | -32.5% |
| Spain | 5.9 | 0.6 | N/A | N/A | -89.8% |
| Others | 12.1 | 37.4 | 5.6 | 4.0 | -30.9% |
| Total | 110 | 104 | 84.3 | 128 | 5.2% |
Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from Serbia in 2022:
- North Macedonia (770.0 kg)
- Hungary (311.0 kg)
- Croatia (287.0 kg)
- Bosnia and Herzegovina (134.0 kg)
- Germany (55.0 kg)
- Turkey (39.0 kg)
- Montenegro (6.0 kg)
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