Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Switzerland - 2024
Contents:
- Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Switzerland (CIF) - 2024
- Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Switzerland (FOB) - 2024
- Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Switzerland
- Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Switzerland
Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Switzerland (CIF) - 2024
The average import price for articles of apparel and clothing accessories, of leather or of composition leather stood at $128 per unit in January 2024, rising by 10% against the previous month. Over the period under review, import price indicated measured growth from January 2023 to January 2024: its price increased at an average monthly rate of +4.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2024 figures, import price for articles of apparel and clothing accessories, of leather or of composition leather decreased by -2.9% against November 2023 indices. The most prominent rate of growth was recorded in February 2023 an increase of 60% month-to-month. The import price peaked at $134 per unit in July 2023; however, from August 2023 to January 2024, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Italy ($255 per unit), while the price for China ($67.9 per unit) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (+9.6%), 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 Switzerland (FOB) - 2024
The average export price for articles of apparel and clothing accessories, of leather or of composition leather stood at $215 per unit in January 2024, growing by 2.4% against the previous month. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 33% month-to-month. Over the period under review, the average export prices attained the peak figure at $243 per unit in June 2023; however, from July 2023 to January 2024, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In January 2024, the country with the highest price was the United Arab Emirates ($825 per unit), while the average price for exports to the Czech Republic ($19.2 per unit) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+5.7%), 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 Switzerland
In 2022, purchases abroad of articles of apparel and clothing accessories, of leather or of composition leather decreased by -2.2% to 1.6M units for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +17.4% 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 +61.9% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 39%. As a result, imports reached the peak of 1.7M units, and then declined in the following year.
In value terms, imports of articles of apparel and clothing accessories, of leather or of composition leather contracted to $156M in 2022. Overall, imports saw a noticeable slump. The pace of growth appeared the most rapid in 2021 when imports increased by 5.7%. Imports peaked at $180M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 67.9 | 59.6 | 60.9 | 52.4 | -8.3% |
| India | 19.3 | 17.4 | 20.2 | 18.9 | -0.7% |
| Pakistan | 14.6 | 15.0 | 18.3 | 15.5 | 2.0% |
| China | 16.2 | 19.4 | 17.0 | 15.1 | -2.3% |
| Germany | 21.5 | 15.6 | 16.0 | 12.7 | -16.1% |
| France | 8.8 | 6.4 | 7.0 | 8.0 | -3.1% |
| Vietnam | 2.7 | 3.3 | 4.4 | 5.0 | 22.8% |
| Others | 28.7 | 26.9 | 29.1 | 28.0 | -0.8% |
| Total | 180 | 164 | 173 | 156 | -4.7% |
Top Suppliers of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather to Switzerland in 2022:
- China (368.4K units)
- India (286.4K units)
- Pakistan (251.5K units)
- Italy (249.8K units)
- Germany (157.4K units)
- Vietnam (51.2K units)
- France (38.0K units)
Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Switzerland
In 2022, the amount of articles of apparel and clothing accessories, of leather or of composition leather exported from Switzerland dropped significantly to 397K units, declining by -20.8% compared with the year before. Overall, exports saw a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 38%. The exports peaked at 534K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of articles of apparel and clothing accessories, of leather or of composition leather contracted sharply to $68M in 2022. Over the period under review, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 23%. Over the period under review, the exports of hit record highs at $100M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 31.0 | 27.3 | 25.8 | 20.3 | -13.2% |
| Italy | 10.1 | 12.7 | 18.9 | 13.8 | 11.0% |
| China | 19.6 | 9.5 | 15.0 | 8.5 | -24.3% |
| France | 4.4 | 3.0 | 4.8 | 3.7 | -5.6% |
| United States | 4.0 | 3.0 | 2.4 | 2.8 | -11.2% |
| Hong Kong SAR | 7.9 | 3.1 | 4.0 | 2.7 | -30.1% |
| Poland | 0.1 | 1.1 | 2.2 | 2.3 | 184.4% |
| Spain | 1.9 | 1.2 | 1.8 | 2.2 | 5.0% |
| Japan | 4.1 | 2.9 | 3.0 | 1.3 | -31.8% |
| United Kingdom | 4.1 | 2.5 | 2.3 | 1.3 | -31.8% |
| United Arab Emirates | N/A | N/A | N/A | 1.1 | 0% |
| Austria | 0.6 | 0.4 | 1.0 | 0.7 | 5.3% |
| Others | 12.4 | 6.0 | 7.9 | 7.2 | -16.6% |
| Total | 100 | 72.5 | 89.1 | 68.0 | -12.1% |
Top Export Markets for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather from Switzerland in 2022:
- Germany (126.0K units)
- Spain (64.2K units)
- Italy (56.6K units)
- China (25.1K units)
- United Arab Emirates (23.5K units)
- France (19.4K units)
- Poland (16.5K units)
- Austria (9.6K units)
- United States (9.3K units)
- Hong Kong SAR (7.7K units)
- United Kingdom (4.6K units)
- Japan (4.1K units)
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