Price for Embroidery; in the Piece, in Strips or in Motifs in Italy - 2023
Contents:
- Price for Embroidery; in the Piece, in Strips or in Motifs in Italy (CIF) - 2023
- Price for Embroidery; in the Piece, in Strips or in Motifs in Italy (FOB) - 2022
- Imports of Embroidery; in the Piece, in Strips or in Motifs in Italy
- Exports of Embroidery; in the Piece, in Strips or in Motifs in Italy
Price for Embroidery; in the Piece, in Strips or in Motifs in Italy (CIF) - 2023
In September 2023, the average import price for embroidery; in the piece, in strips or in motifses amounted to $108K per ton, with an increase of 75% against the previous month. In general, import price indicated measured growth from October 2022 to September 2023: its price increased at an average monthly rate of +3.7% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, import price for embroidery; in the piece, in strips or in motifses increased by +75.3% against August 2023 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was India ($867K per ton), while the price for China ($24,531 per ton) was amongst the lowest.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+3.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Embroidery; in the Piece, in Strips or in Motifs in Italy (FOB) - 2022
In 2022, the average export price for embroidery; in the piece, in strips or in motifses amounted to $120,910 per ton, with an increase of 20% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The pace of growth appeared the most rapid in 2017 when the average export price increased by 42% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($217,173 per ton), while the average price for exports to the Czech Republic ($35,311 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 Portugal (+6.0%), 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 Italy
In 2022, supplies from abroad of embroidery; in the piece, in strips or in motifses was finally on the rise to reach 1.2K tons after two years of decline. Over the period under review, imports, however, showed a deep downturn.
In value terms, imports of embroidery; in the piece, in strips or in motifses soared to $72M in 2022. Overall, imports, however, recorded a abrupt downturn.
| Import of Embroidery; in the Piece, in Strips or in Motifs in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 47.6 | 26.4 | 29.1 | 38.3 | -7.0% |
| China | 21.0 | 9.2 | 9.4 | 17.3 | -6.3% |
| France | 5.5 | 1.6 | 2.5 | 5.7 | 1.2% |
| Turkey | 2.2 | 1.8 | 2.6 | 2.7 | 7.1% |
| Germany | 0.5 | 1.6 | 0.9 | 0.6 | 6.3% |
| Others | 10.7 | 12.2 | 6.7 | 7.0 | -13.2% |
| Total | 87.5 | 52.6 | 51.1 | 71.6 | -6.5% |
Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Italy in 2022:
- China (846.8 tons)
- Turkey (102.8 tons)
- India (54.9 tons)
- France (49.4 tons)
- Germany (37.2 tons)
Exports of Embroidery; in the Piece, in Strips or in Motifs in Italy
In 2022, exports of embroidery; in the piece, in strips or in motifses from Italy rose sharply to 301 tons, increasing by 9.5% on the year before. Overall, exports, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 12% against the previous year.
In value terms, exports of embroidery; in the piece, in strips or in motifses skyrocketed to $36M in 2022. In general, exports, however, saw a noticeable shrinkage.
| Export of Embroidery; in the Piece, in Strips or in Motifs in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 12.1 | 9.2 | 11.8 | 15.2 | 7.9% |
| Romania | 3.7 | 2.2 | 2.7 | 2.6 | -11.1% |
| Bulgaria | 1.0 | 1.0 | 0.7 | 1.7 | 19.3% |
| Germany | 3.5 | 0.8 | 1.0 | 1.6 | -23.0% |
| Portugal | 1.7 | 1.1 | 0.9 | 1.3 | -8.6% |
| Tunisia | 1.1 | 0.8 | 0.8 | 1.3 | 5.7% |
| United Kingdom | 1.3 | 0.8 | 0.4 | 0.8 | -14.9% |
| Spain | 2.4 | 1.2 | 0.7 | 0.8 | -30.7% |
| Albania | 0.7 | 0.3 | 0.3 | 0.6 | -5.0% |
| Poland | 0.4 | 0.3 | 0.6 | 0.5 | 7.7% |
| Morocco | 0.3 | 0.3 | 0.3 | 0.5 | 18.6% |
| Czech Republic | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
| Greece | 0.5 | 0.3 | 0.2 | 0.3 | -15.7% |
| Others | 10.6 | 6.6 | 7.1 | 9.0 | -5.3% |
| Total | 39.6 | 25.2 | 27.7 | 36.3 | -2.9% |
Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from Italy in 2022:
- France (69.8 tons)
- Romania (39.2 tons)
- Bulgaria (30.5 tons)
- Germany (21.1 tons)
- Portugal (14.6 tons)
- Albania (13.1 tons)
- Spain (10.2 tons)
- Tunisia (9.9 tons)
- Morocco (8.8 tons)
- Czech Republic (7.8 tons)
- Poland (7.4 tons)
- United Kingdom (6.5 tons)
- Greece (5.8 tons)
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