Price for Embroidery; in the Piece, in Strips or in Motifs in Romania - 2023

Contents:

  1. Price for Embroidery; in the Piece, in Strips or in Motifs in Romania (FOB) - 2023
  2. Price for Embroidery; in the Piece, in Strips or in Motifs in Romania (CIF) - 2023
  3. Exports of Embroidery; in the Piece, in Strips or in Motifs in Romania
  4. Imports of Embroidery; in the Piece, in Strips or in Motifs in Romania

Price for Embroidery; in the Piece, in Strips or in Motifs in Romania (FOB) - 2023

In September 2023, the average export price for embroidery; in the piece, in strips or in motifses amounted to $364K per ton, with a decrease of -5% against the previous month. Overall, the export price, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 284% against the previous month. Over the period under review, the average export prices hit record highs at $401K per ton in July 2023; however, from August 2023 to September 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the UK ($146K per ton), while the average price for exports to Moldova totaled $41,286 per ton.

From October 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+18.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Embroidery; in the Piece, in Strips or in Motifs in Romania (CIF) - 2023

The average import price for embroidery; in the piece, in strips or in motifses stood at $55,620 per ton in September 2023, rising by 100% against the previous month. In general, the import price showed a remarkable increase. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 249% month-to-month. Over the period under review, average import prices attained the maximum at $83,630 per ton in February 2023; however, from March 2023 to September 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was China ($122K per ton), while the price for Turkey ($22,742 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 (+15.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Embroidery; in the Piece, in Strips or in Motifs in Romania

In 2022, exports of embroidery; in the piece, in strips or in motifses from Romania soared to 41 tons, rising by 21% against the year before. Over the period under review, exports, however, showed a abrupt slump.

In value terms, exports of embroidery; in the piece, in strips or in motifses dropped to $6.8M in 2022. In general, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 34% against the previous year. As a result, the exports attained the peak of $7.3M, and then contracted in the following year.

Export of Embroidery; in the Piece, in Strips or in Motifs in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6.25.16.86.51.6%
Italy0.10.20.20.10.0%
HungaryN/AN/A0.10.10.0%
Moldova0.4N/AN/AN/A0%
Others0.20.10.20.1-20.6%
Total6.95.47.36.8-0.5%

Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from Romania in 2022:

  1. Germany (38.4 tons)
  2. Hungary (0.9 tons)
  3. Italy (0.6 tons)
  4. Moldova (0.1 tons)

Imports of Embroidery; in the Piece, in Strips or in Motifs in Romania

In 2022, purchases abroad of embroidery; in the piece, in strips or in motifses increased by 26% to 133 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a dramatic contraction.

In value terms, imports of embroidery; in the piece, in strips or in motifses rose rapidly to $6.6M in 2022. In general, imports, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 16%.

Import of Embroidery; in the Piece, in Strips or in Motifs in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy2,3001,8782,1151,992-4.7%
Germany2,5051,2561,6181,728-11.6%
China1,5254694191,135-9.4%
Turkey28625734846517.6%
France901292327463-19.9%
Poland36.469.984.989.434.9%
United Kingdom4221508.59.3-72.0%
Others1,008640912714-10.9%
Total8,9825,0125,8326,596-9.8%

Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Romania in 2022:

  1. Germany (40.3 tons)
  2. Turkey (26.5 tons)
  3. China (22.8 tons)
  4. Italy (21.4 tons)
  5. Poland (4.7 tons)
  6. France (4.7 tons)
  7. United Kingdom (0.3 tons)

Source: IndexBox Market Intelligence Platform

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