Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Algeria - 2022

Contents:

  1. Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Algeria (CIF) - 2022
  2. Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Algeria (FOB) - 2022
  3. Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Algeria
  4. Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Algeria

Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Algeria (CIF) - 2022

In 2022, the average import price for articles of apparel and clothing accessories, of leather or of composition leather amounted to $6.7 per unit, falling by -6.3% against the previous year. Overall, the import price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2018 an increase of 23% against the previous year. Over the period under review, average import prices reached the maximum at $14 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Pakistan ($40 per unit), while the price for Turkey ($2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.2%), while the prices for the other major suppliers experienced a decline.

Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Algeria (FOB) - 2022

In 2022, the average export price for articles of apparel and clothing accessories, of leather or of composition leather amounted to $40 per unit, growing by 7.4% against the previous year. Overall, the export price, however, saw a mild reduction. The pace of growth was the most pronounced in 2020 an increase of 189% against the previous year. Over the period under review, the average export prices attained the peak figure at $49 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($151 per unit), while the average price for exports to the Netherlands ($23 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 Australia (+17.4%), 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 Algeria

In 2022, approx. 509K units of articles of apparel and clothing accessories, of leather or of composition leather were imported into Algeria; surging by 7.8% compared with the year before. The total import volume increased at an average annual rate of +6.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 34% against the previous year. As a result, imports attained the peak of 560K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of articles of apparel and clothing accessories, of leather or of composition leather totaled $3.4M in 2022. Over the period under review, imports, however, showed a pronounced decrease. Over the period under review, imports of attained the maximum at $3.8M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6161,17176989413.2%
India32885554453017.3%
United Arab Emirates48.758.713921864.8%
United Kingdom17.730.3191211128.4%
Turkey750121146158-40.5%
France573158111142-37.2%
South Korea4.5N/AN/A83.4164.6%
Others1,4581,0241,4551,148-7.7%
Total3,7963,4183,3543,386-3.7%

Top Suppliers of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather to Algeria in 2022:

  1. China (173.4K units)
  2. India (113.5K units)
  3. United Arab Emirates (91.7K units)
  4. Turkey (79.5K units)
  5. United Kingdom (11.6K units)
  6. South Korea (8.2K units)
  7. France (3.8K units)

Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Algeria

In 2022, the amount of articles of apparel and clothing accessories, of leather or of composition leather exported from Algeria declined dramatically to 473 units, waning by -32.8% on 2021 figures. In general, exports, however, enjoyed a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 109%. As a result, the exports reached the peak of 704 units, and then contracted dramatically in the following year.

In value terms, exports of articles of apparel and clothing accessories, of leather or of composition leather dropped notably to $19K in 2022. Overall, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 169%. Over the period under review, the exports of hit record highs at $26K in 2021, and then dropped significantly in the following year.

Export of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France0.10.51.02.6196.2%
Switzerland0.50.31.32.058.7%
United StatesN/A1.70.41.6-3.0%
AustraliaN/AN/AN/A1.40%
SingaporeN/A1.13.51.10.0%
Netherlands0.5N/AN/A0.817.0%
South KoreaN/A0.11.90.7164.6%
Turkey1.0N/AN/A0.1-53.6%
SpainN/AN/A2.4N/A0%
SwedenN/AN/A1.6N/A0%
United KingdomN/AN/A1.5N/A0%
AngolaN/AN/AN/AN/A0%
CanadaN/A0.20.4N/A100.0%
Others2.37.712.48.856.4%
Total4.311.726.319.064.1%

Top Export Markets for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather from Algeria in 2022:

  1. France (96.0 units)
  2. Netherlands (37.0 units)
  3. United States (20.0 units)
  4. Australia (18.0 units)
  5. Switzerland (13.0 units)
  6. Singapore (12.0 units)
  7. South Korea (9.0 units)
  8. Turkey (3.0 units)

Source: IndexBox Market Intelligence Platform

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