Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Brazil - 2024

Contents:

  1. Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Brazil (FOB) - 2024
  2. Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Brazil (CIF) - 2022
  3. Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Brazil
  4. Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Brazil

Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Brazil (FOB) - 2024

The average export price for articles of apparel, clothing accessories and other articles of furskin stood at $33.2 per unit in February 2024, dropping by -33.1% against the previous month. Over the period under review, the export price recorded a pronounced contraction. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 160% month-to-month. Over the period under review, the average export prices hit record highs at $76.3 per unit in November 2023; however, from December 2023 to February 2024, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In February 2024, the country with the highest price was Germany ($91.6 per unit), while the average price for exports to the United States ($32.9 per unit) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+17.7%), while the prices for the other major destinations experienced a decline.

Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Brazil (CIF) - 2022

The average import price for articles of apparel, clothing accessories and other articles of furskin stood at $203 per unit in 2022, which is down by -15.3% against the previous year. Over the period under review, the import price showed a deep contraction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 48% against the previous year. As a result, import price attained the peak level of $934 per unit. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($1,367 per unit), while the price for the United States ($37 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+6.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Brazil

In 2022, shipments abroad of articles of apparel, clothing accessories and other articles of furskin decreased by -7.6% to 60K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 75% against the previous year. As a result, the exports attained the peak of 65K units, and then dropped in the following year.

In value terms, exports of articles of apparel, clothing accessories and other articles of furskin shrank to $2.7M in 2022. Overall, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.2% 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 +82.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 46%. Over the period under review, the exports of reached the maximum at $2.9M in 2021, and then dropped in the following year.

Export of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,1231,8972,5222,40328.9%
Australia23.25.922.944.324.1%
Netherlands19.313.26.736.023.1%
Germany70.242.739.818.1-36.4%
Others229185278174-8.7%
Total1,4642,1432,8702,67522.3%

Top Export Markets for Articles of Apparel, Clothing Accessories and Other Articles of Furskin from Brazil in 2022:

  1. United States (53.9K units)
  2. Australia (1.6K units)
  3. Netherlands (1.3K units)
  4. Germany (0.4K units)

Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Brazil

In 2022, the amount of articles of apparel, clothing accessories and other articles of furskin imported into Brazil surged to 2.6K units, picking up by 50% against 2021 figures. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +6.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of articles of apparel, clothing accessories and other articles of furskin surged to $523K in 2022. In general, imports, however, continue to indicate a deep setback. Over the period under review, imports of reached the peak figure at $652K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China328172141268-6.5%
Italy233130242187-7.1%
Spain12.5N/A0.713.42.3%
Canada4.68.72.66.713.4%
United States7.512.5N/AN/A66.7%
Others66.617.325.147.9-10.4%
Total652340411523-7.1%

Top Suppliers of Articles of Apparel, Clothing Accessories and Other Articles of Furskin to Brazil in 2022:

  1. China (2267.0 units)
  2. Italy (137.0 units)
  3. Spain (68.0 units)
  4. Canada (59.0 units)
  5. United States (1.0 units)

Source: IndexBox Market Intelligence Platform

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