Price for Handkerchiefs (Not Knitted or Crocheted) in the UK - 2023

Contents:

  1. Price for Handkerchiefs (Not Knitted or Crocheted) in the UK (CIF) - 2022
  2. Price for Handkerchiefs (Not Knitted or Crocheted) in the UK (FOB) - 2022
  3. Imports of Handkerchiefs (Not Knitted or Crocheted) in the UK
  4. Exports of Handkerchiefs (Not Knitted or Crocheted) in the UK

Price for Handkerchiefs (Not Knitted or Crocheted) in the UK (CIF) - 2022

In 2022, the average import price for handkerchiefs (not knitted or crocheted)s amounted to $1.1 per unit, waning by -17.7% against the previous year. In general, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, handkerchiefs (not knitted or crocheted) import price increased by +36.7% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 33% against the previous year. Over the period under review, average import prices reached the maximum at $1.3 per unit in 2021, and then fell notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($3.2 per unit), while the price for Denmark ($0.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Handkerchiefs (Not Knitted or Crocheted) in the UK (FOB) - 2022

In 2022, the average export price for handkerchiefs (not knitted or crocheted)s amounted to $2.1 per unit, surging by 33% against the previous year. Over the period under review, the export price enjoyed strong growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 68% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($4.6 per unit), while the average price for exports to Ireland ($0.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Handkerchiefs (Not Knitted or Crocheted) in the UK

In 2022, supplies from abroad of handkerchiefs (not knitted or crocheted)s increased by 73% to 4.9M units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a abrupt decrease. Imports peaked at 9.2M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, handkerchiefs (not knitted or crocheted) imports surged to $5.2M in 2022. In general, imports, however, recorded a abrupt descent. Over the period under review, imports reached the maximum at $7.1M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Handkerchiefs (Not Knitted or Crocheted) in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4,0562,3011,4593,729-2.8%
Italy1,064790598396-28.1%
India13695.711023019.1%
Thailand49.385.346.274.714.9%
MoroccoN/AN/A17.265.9283.1%
Denmark0.746.71.328.0242.0%
Germany44922783.73.7-79.8%
Others1,3609681,326671-21.0%
Total7,1144,5143,6425,198-9.9%

Top Suppliers of Handkerchiefs (Not Knitted or Crocheted) to the UK in 2022:

  1. China (3832.2K units)
  2. India (271.1K units)
  3. Thailand (216.7K units)
  4. Italy (122.3K units)
  5. Denmark (97.0K units)
  6. Morocco (88.6K units)
  7. Germany (1.7K units)

Exports of Handkerchiefs (Not Knitted or Crocheted) in the UK

For the third consecutive year, the UK recorded decline in shipments abroad of handkerchiefs (not knitted or crocheted)s, which decreased by -25.4% to 374K units in 2022. In general, exports saw a sharp decrease. The smallest decline of -21% was in 2020. Over the period under review, the exports attained the maximum at 1.5M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, handkerchiefs (not knitted or crocheted) exports shrank slightly to $785K in 2022. Over the period under review, exports faced a dramatic decrease. Over the period under review, the exports hit record highs at $1.8M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Handkerchiefs (Not Knitted or Crocheted) in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States382216194294-8.4%
Italy18719394.798.1-19.3%
Germany18423729.064.6-29.5%
China4.06.6N/A50.8133.3%
Ireland22612111447.2-40.7%
Netherlands42.924.97.238.3-3.7%
France14110544.315.2-52.4%
Spain43.045.210.412.7-33.4%
India90.86.11.58.0-55.5%
Russia31.024.72.8N/A-69.9%
Czech Republic37.818.4134N/A88.3%
Others471491157156-30.8%
Total1,8391,489789785-24.7%

Top Export Markets for Handkerchiefs (Not Knitted or Crocheted) from the UK in 2022:

  1. Ireland (81.4K units)
  2. Italy (67.9K units)
  3. United States (63.5K units)
  4. Germany (28.9K units)
  5. China (23.4K units)
  6. Netherlands (23.0K units)
  7. Spain (21.0K units)
  8. India (7.4K units)
  9. France (5.8K units)

Source: IndexBox Market Intelligence Platform

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