Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Finland - 2023
Contents:
- Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Finland (CIF) - 2023
- Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Finland (FOB) - 2023
- Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Finland
- Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Finland
Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Finland (CIF) - 2023
In November 2023, the average import price for articles of apparel and clothing accessories, of leather or of composition leather amounted to $21.6 per unit, increasing by 13% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 31% m-o-m. As a result, import price reached the peak level of $29.6 per unit. From March 2023 to November 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($68.2 per unit), while the price for India ($9.5 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Sweden (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Finland (FOB) - 2023
In November 2023, the average export price for articles of apparel and clothing accessories, of leather or of composition leather amounted to $54.4 per unit, surging by 45% against the previous month. In general, the export price recorded a perceptible increase. The most prominent rate of growth was recorded in February 2023 an increase of 77% against the previous month. As a result, the export price attained the peak level of $59.3 per unit. From March 2023 to November 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was Croatia ($140 per unit), while the average price for exports to Uruguay ($7.4 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Finland
In 2022, imports of articles of apparel and clothing accessories, of leather or of composition leather into Finland soared to 1.8M units, with an increase of 21% against the year before. The total import volume increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of articles of apparel and clothing accessories, of leather or of composition leather soared to $38M in 2022. The total import value increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 15.6 | 7.8 | 8.4 | 12.2 | -7.9% |
| Sweden | 1.4 | 8.1 | 9.2 | 8.4 | 81.7% |
| Pakistan | 7.7 | 4.6 | 4.8 | 6.7 | -4.5% |
| India | 4.4 | 1.9 | 1.2 | 1.9 | -24.4% |
| Germany | 0.7 | 1.6 | 1.6 | 1.8 | 37.0% |
| Netherlands | 0.4 | 1.1 | 1.0 | 1.2 | 44.2% |
| Others | 5.1 | 4.1 | 5.0 | 5.4 | 1.9% |
| Total | 35.3 | 29.4 | 31.3 | 37.5 | 2.0% |
Top Suppliers of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather to Finland in 2022:
- China (603.0K units)
- Pakistan (519.8K units)
- Sweden (320.4K units)
- India (109.8K units)
- Germany (43.2K units)
- Netherlands (39.4K units)
Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Finland
Exports of articles of apparel and clothing accessories, of leather or of composition leather from Finland soared to 149K units in 2022, with an increase of 43% against the previous year's figure. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +11.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.4% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of articles of apparel and clothing accessories, of leather or of composition leather shrank to $4.4M in 2022. Over the period under review, exports, however, saw a perceptible decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 24% against the previous year. The exports peaked at $4.7M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 889 | 831 | 717 | 702 | -7.6% |
| Estonia | 731 | 544 | 620 | 607 | -6.0% |
| Germany | 329 | 279 | 497 | 499 | 14.9% |
| Russia | 572 | 566 | 514 | 362 | -14.1% |
| Latvia | 271 | 241 | 281 | 329 | 6.7% |
| Poland | 63.3 | 35.5 | 65.4 | 326 | 72.7% |
| France | 8.5 | 27.4 | 133 | 257 | 211.5% |
| Netherlands | 207 | 201 | 177 | 253 | 6.9% |
| Norway | 333 | 134 | 214 | 161 | -21.5% |
| Lithuania | 68.0 | 76.1 | 78.9 | 71.8 | 1.8% |
| Hungary | 71.6 | 0.9 | 309 | 0.2 | -85.9% |
| Others | 1,158 | 624 | 821 | 822 | -10.8% |
| Total | 4,701 | 3,562 | 4,427 | 4,389 | -2.3% |
Top Export Markets for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather from Finland in 2022:
- Russia (41.2K units)
- Estonia (27.9K units)
- Sweden (13.7K units)
- Latvia (12.8K units)
- Germany (12.5K units)
- Poland (6.4K units)
- Netherlands (6.2K units)
- France (4.6K units)
- Norway (4.2K units)
- Lithuania (3.8K units)
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