Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Denmark - 2023
Contents:
- Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Denmark (CIF) - 2023
- Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Denmark (FOB) - 2023
- Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Denmark
- Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Denmark
Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Denmark (CIF) - 2023
In November 2023, the average import price for articles of apparel and clothing accessories, of leather or of composition leather amounted to $36.4 per unit, surging by 9.9% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +3.6%. The growth pace was the most rapid in May 2023 an increase of 19% against the previous month. Over the period under review, average import prices attained the peak figure in November 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Poland ($77.1 per unit), while the price for Belgium ($11.3 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 Italy (+10.9%), 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 Denmark (FOB) - 2023
The average export price for articles of apparel and clothing accessories, of leather or of composition leather stood at $41.8 per unit in November 2023, reducing by -6.1% against the previous month. In general, export price indicated prominent growth from November 2022 to November 2023: its price increased at an average monthly rate of +5.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for articles of apparel and clothing accessories, of leather or of composition leather decreased by -6.1% against October 2023 indices. The most prominent rate of growth was recorded in January 2023 an increase of 75% m-o-m. As a result, the export price attained the peak level of $51.4 per unit. From February 2023 to November 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($64.9 per unit), while the average price for exports to Greenland ($23.8 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 Finland (+15.9%), 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 Denmark
In 2022, imports of articles of apparel and clothing accessories, of leather or of composition leather into Denmark contracted to 3M units, reducing by -6.9% on 2021 figures. Overall, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 3.1% against the previous year. Over the period under review, imports of reached the maximum at 3.5M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of articles of apparel and clothing accessories, of leather or of composition leather fell slightly to $68M in 2022. In general, imports recorded a noticeable downturn. The growth pace was the most rapid in 2021 with an increase of 1.1% against the previous year. Imports peaked at $77M 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 Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 25.5 | 25.0 | 23.8 | 20.0 | -7.8% |
| Pakistan | 8.8 | 8.0 | 8.6 | 8.2 | -2.3% |
| China | 11.1 | 8.0 | 6.0 | 7.0 | -14.2% |
| Sweden | 5.6 | 4.7 | 4.8 | 6.2 | 3.5% |
| Italy | 4.3 | 2.5 | 4.5 | 5.6 | 9.2% |
| Germany | 5.9 | 5.3 | 4.9 | 5.2 | -4.1% |
| Poland | 1.9 | 3.7 | 4.3 | 3.3 | 20.2% |
| Turkey | 2.1 | 1.6 | 1.8 | 2.4 | 4.6% |
| France | 2.4 | 2.3 | 3.0 | 2.3 | -1.4% |
| Netherlands | 1.4 | 2.4 | 2.9 | 2.2 | 16.3% |
| Morocco | 1.4 | 1.5 | 1.4 | 1.6 | 4.6% |
| Portugal | 1.0 | 1.0 | 0.6 | 0.4 | -26.3% |
| Bangladesh | 0.3 | 0.2 | 0.3 | 0.3 | 0.0% |
| Others | 5.5 | 4.6 | 4.7 | 3.6 | -13.2% |
| Total | 77.3 | 70.8 | 71.6 | 68.4 | -4.0% |
Top Suppliers of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather to Denmark in 2022:
- India (637.5K units)
- Pakistan (610.5K units)
- China (424.2K units)
- France (193.9K units)
- Sweden (174.5K units)
- Germany (172.9K units)
- Poland (154.8K units)
- Italy (118.8K units)
- Turkey (117.2K units)
- Morocco (99.3K units)
- Bangladesh (76.4K units)
- Netherlands (56.7K units)
- Portugal (19.0K units)
Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Denmark
In 2022, shipments abroad of articles of apparel and clothing accessories, of leather or of composition leather decreased by -17.7% to 1.6M units, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a slight descent. The most prominent rate of growth was recorded in 2020 with an increase of 28%. As a result, the exports attained the peak of 2.1M units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of articles of apparel and clothing accessories, of leather or of composition leather dropped to $54M in 2022. Overall, exports showed a noticeable contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 8.3% against the previous year. Over the period under review, the exports of attained the peak figure at $62M 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 Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 13.4 | 13.7 | 14.7 | 11.5 | -5.0% |
| Sweden | 7.6 | 7.6 | 9.0 | 7.3 | -1.3% |
| Poland | 4.1 | 5.1 | 5.1 | 4.2 | 0.8% |
| France | 3.9 | 3.6 | 3.8 | 3.6 | -2.6% |
| Norway | 6.8 | 4.0 | 4.5 | 3.4 | -20.6% |
| Netherlands | 3.8 | 3.2 | 3.3 | 2.9 | -8.6% |
| China | 1.4 | 0.4 | 0.4 | 2.7 | 24.5% |
| United Kingdom | 4.4 | 3.9 | 2.0 | 2.0 | -23.1% |
| Italy | 2.1 | 1.5 | 1.8 | 1.6 | -8.7% |
| Belgium | 2.0 | 1.9 | 1.7 | 1.5 | -9.1% |
| Finland | 1.7 | 1.2 | 1.5 | 1.4 | -6.3% |
| Spain | 1.4 | 0.9 | 1.2 | 1.4 | 0.0% |
| Switzerland | 1.3 | 0.7 | 1.4 | 0.8 | -14.9% |
| Others | 8.3 | 7.8 | 9.5 | 9.8 | 5.7% |
| Total | 62.1 | 55.4 | 60.0 | 54.2 | -4.4% |
Top Export Markets for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather from Denmark in 2022:
- Germany (465.7K units)
- Poland (205.5K units)
- China (143.1K units)
- Sweden (125.2K units)
- Netherlands (84.2K units)
- France (83.3K units)
- Norway (70.6K units)
- Switzerland (41.8K units)
- Spain (40.1K units)
- Finland (36.9K units)
- Belgium (31.2K units)
- Italy (29.8K units)
- United Kingdom (27.1K units)
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