Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Belgium - 2023

Contents:

1. Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Belgium (CIF) - 2022
2. Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Belgium (FOB) - 2023
3. Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Belgium
4. Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Belgium

Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Belgium (CIF) - 2022

In 2022, the average import price for articles of apparel, clothing accessories and other articles of furskin amounted to $137 per unit, which is down by -16.8% against the previous year. Over the period under review, the import price recorded a noticeable contraction. The pace of growth was the most pronounced in 2015 an increase of 38% against the previous year. As a result, import price reached the peak level of $277 per unit. From 2016 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($872 per unit), while the price for India ($40 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Belgium (FOB) - 2023

The average export price for articles of apparel, clothing accessories and other articles of furskin stood at $183 per unit in November 2023, jumping by 107% against the previous month. Over the period under review, the export price showed perceptible growth. The export price peaked at $195 per unit in August 2023; however, from September 2023 to November 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($531 per unit), while the average price for exports to the UK ($86.5 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 the UK (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Belgium

In 2022, imports of articles of apparel, clothing accessories and other articles of furskin into Belgium expanded to 32K units, picking up by 2.3% against 2021 figures. In general, imports posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 80%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of articles of apparel, clothing accessories and other articles of furskin reduced to $4.4M in 2022. Overall, imports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 55% against the previous year. As a result, imports attained the peak of $5.2M, and then shrank in the following year.

Top Suppliers of Articles of Apparel, Clothing Accessories and Other Articles of Furskin to Belgium in 2022:

1. Philippines (15.3K units)
2. China (4.2K units)
3. Turkey (4.0K units)
4. Finland (2.4K units)
5. Germany (1.4K units)
6. India (1.2K units)
7. Netherlands (1.0K units)

Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Belgium

After three years of growth, shipments abroad of articles of apparel, clothing accessories and other articles of furskin decreased by -59.5% to 28K units in 2022. Over the period under review, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 234%. As a result, the exports attained the peak of 70K units, and then contracted significantly in the following year.

In value terms, exports of articles of apparel, clothing accessories and other articles of furskin declined sharply to $3.3M in 2022. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 174% against the previous year. The exports peaked at $4.5M in 2021, and then dropped remarkably in the following year.

Top Export Markets for Articles of Apparel, Clothing Accessories and Other Articles of Furskin from Belgium in 2022:

1. Germany (17.9K units)
2. France (3.0K units)
3. Finland (1.6K units)
4. United Kingdom (1.6K units)
5. Italy (1.3K units)
6. Netherlands (0.6K units)
7. Spain (0.5K units)

Source: IndexBox Market Intelligence Platform