Price for Embroidery; in the Piece, in Strips or in Motifs in the UK - 2023
Contents:
- Price for Embroidery; in the Piece, in Strips or in Motifs in the UK (CIF) - 2023
- Price for Embroidery; in the Piece, in Strips or in Motifs in the UK (FOB) - 2022
- Imports of Embroidery; in the Piece, in Strips or in Motifs in the UK
- Exports of Embroidery; in the Piece, in Strips or in Motifs in the UK
Price for Embroidery; in the Piece, in Strips or in Motifs in the UK (CIF) - 2023
The average import price for embroidery; in the piece, in strips or in motifses stood at $43,713 per ton in August 2023, dropping by -9.7% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in January 2023 an increase of 130% against the previous month. Over the period under review, average import prices attained the peak figure at $61,909 per ton in June 2023; however, from July 2023 to August 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Austria ($104K per ton), while the price for Turkey ($10,611 per ton) was amongst the lowest.
From November 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Thailand (+7.6%), 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 the UK (FOB) - 2022
In 2022, the average export price for embroidery; in the piece, in strips or in motifses amounted to $61,724 per ton, declining by -17% against the previous year. In general, the export price, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2014 an increase of 60% against the previous year. Over the period under review, the average export prices reached the peak figure at $74,353 per ton in 2021, and then declined significantly in the following year.
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 Germany ($161,547 per ton), while the average price for exports to Romania ($19,389 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 Italy (+21.7%), 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 the UK
In 2022, purchases abroad of embroidery; in the piece, in strips or in motifses increased by 41% to 637 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a abrupt setback.
In value terms, imports of embroidery; in the piece, in strips or in motifses soared to $25M in 2022. In general, imports, however, recorded a abrupt decline.
| Import of Embroidery; in the Piece, in Strips or in Motifs in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 11.7 | 7.8 | 11.1 | 13.0 | 3.6% |
| China | 4.2 | 2.1 | 2.0 | 4.0 | -1.6% |
| Austria | 3.7 | 3.5 | 1.2 | 2.3 | -14.7% |
| Turkey | 0.5 | 0.7 | 1.1 | 1.0 | 26.0% |
| Italy | 8.2 | 0.6 | 0.7 | 0.9 | -52.1% |
| Hong Kong SAR | 0.2 | 0.2 | 0.5 | 0.9 | 65.1% |
| France | 1.7 | 0.4 | 0.4 | 0.5 | -33.5% |
| Thailand | 0.6 | 0.4 | 0.4 | 0.5 | -5.9% |
| South Korea | 0.4 | 0.2 | N/A | 0.2 | -20.6% |
| Others | 3.4 | 1.6 | 2.3 | 1.5 | -23.9% |
| Total | 34.6 | 17.6 | 19.7 | 24.8 | -10.5% |
Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to the UK in 2022:
- India (278.1 tons)
- China (221.3 tons)
- Turkey (42.3 tons)
- Austria (27.8 tons)
- Hong Kong SAR (13.6 tons)
- Thailand (10.6 tons)
- South Korea (10.2 tons)
- Italy (7.9 tons)
- France (7.1 tons)
Exports of Embroidery; in the Piece, in Strips or in Motifs in the UK
In 2022, overseas shipments of embroidery; in the piece, in strips or in motifses were finally on the rise to reach 124 tons after two years of decline. In general, exports, however, showed a deep reduction.
In value terms, exports of embroidery; in the piece, in strips or in motifses reduced to $7.6M in 2022. Over the period under review, exports, however, continue to indicate a abrupt curtailment.
| Export of Embroidery; in the Piece, in Strips or in Motifs in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,528 | 911 | 1,211 | 1,627 | 2.1% |
| France | 1,626 | 1,072 | 216 | 783 | -21.6% |
| Lithuania | 139 | 27.9 | 600 | 459 | 48.9% |
| Italy | 806 | 494 | 334 | 406 | -20.4% |
| United Arab Emirates | 16.4 | 9.9 | 70.4 | 386 | 186.6% |
| Germany | 1,382 | 993 | 404 | 329 | -38.0% |
| Portugal | 257 | 116 | 38.3 | 196 | -8.6% |
| Japan | 182 | 633 | 972 | 189 | 1.3% |
| Netherlands | 284 | 302 | 279 | 144 | -20.3% |
| Belgium | 344 | 242 | 122 | 117 | -30.2% |
| New Zealand | 46.9 | 52.2 | 119 | 87.7 | 23.2% |
| Ireland | 901 | 812 | 1,150 | 78.5 | -55.7% |
| Romania | 124 | 38.2 | 28.5 | 51.4 | -25.4% |
| Others | 4,209 | 3,019 | 2,341 | 2,772 | -13.0% |
| Total | 11,845 | 8,723 | 7,887 | 7,627 | -13.6% |
Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from the UK in 2022:
- United States (23.1 tons)
- Lithuania (14.3 tons)
- United Arab Emirates (10.9 tons)
- France (5.9 tons)
- Portugal (4.7 tons)
- Italy (4.4 tons)
- Japan (3.0 tons)
- Romania (2.7 tons)
- Belgium (2.1 tons)
- Germany (2.0 tons)
- Ireland (1.9 tons)
- Netherlands (1.6 tons)
- New Zealand (1.6 tons)
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