Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in New Zealand - 2024
Contents:
- Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in New Zealand (CIF) - 2022
- Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in New Zealand (FOB) - 2022
- Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in New Zealand
- Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in New Zealand
Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in New Zealand (CIF) - 2022
The average import price for articles of apparel, clothing accessories and other articles of furskin stood at $582 per unit in 2022, growing by 15% against the previous year. In general, the import price saw resilient growth. The growth pace was the most rapid in 2014 an increase of 228% against the previous year. The import price peaked at $1,033 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Peru ($1,417 per unit), while the price for Australia ($424 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+31.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in New Zealand (FOB) - 2022
In 2022, the average export price for articles of apparel, clothing accessories and other articles of furskin amounted to $1,066 per unit, increasing by 26% against the previous year. Overall, the export price saw a resilient expansion. The growth pace was the most rapid in 2014 an increase of 490%. Over the period under review, the average export prices attained the peak figure at $2,383 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($1,078 per unit), while the average price for exports to Japan ($174 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 Vietnam (+37.3%), 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 New Zealand
In 2022, imports of articles of apparel, clothing accessories and other articles of furskin into New Zealand declined notably to 4.4K units, reducing by -30.5% against 2021 figures. In general, imports faced a sharp decrease. The pace of growth was the most pronounced in 2021 when imports increased by 13%. Over the period under review, imports of reached the maximum at 23K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of articles of apparel, clothing accessories and other articles of furskin dropped rapidly to $2.6M in 2022. Overall, imports saw a sharp contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 30%. Over the period under review, imports of hit record highs at $8.8M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,644 | 1,268 | 2,113 | 2,128 | 9.0% |
| Australia | 301 | 211 | 341 | 222 | -9.6% |
| Peru | 5,596 | 845 | 325 | 1.4 | -93.7% |
| South Korea | 469 | 2.5 | N/A | N/A | -99.5% |
| Thailand | 382 | 9.3 | 34.8 | N/A | -69.8% |
| Others | 419 | 149 | 409 | 214 | -20.1% |
| Total | 8,811 | 2,484 | 3,223 | 2,565 | -33.7% |
Top Suppliers of Articles of Apparel, Clothing Accessories and Other Articles of Furskin to New Zealand in 2022:
- China (3.6K units)
- Australia (0.5K units)
Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in New Zealand
For the third consecutive year, New Zealand recorded decline in shipments abroad of articles of apparel, clothing accessories and other articles of furskin, which decreased by -31.7% to 220 units in 2022. Overall, exports saw a sharp decrease. The exports peaked at 5.1K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of articles of apparel, clothing accessories and other articles of furskin contracted to $234K in 2022. In general, exports showed a sharp descent. The exports peaked at $4M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 102 | 41.4 | 76.7 | 101 | -0.3% |
| Australia | 53.9 | 74.0 | 72.6 | 72.8 | 10.5% |
| United States | 27.4 | 13.7 | 9.1 | 28.9 | 1.8% |
| Cook Islands | 15.4 | 3.3 | 31.4 | 12.5 | -6.7% |
| Malaysia | 10.9 | 20.7 | 20.1 | 9.3 | -5.2% |
| Finland | N/A | 0.3 | 3.5 | 4.0 | 265.1% |
| South Korea | 3,437 | 1,091 | 5.9 | 1.0 | -93.4% |
| China | 113 | 9.2 | N/A | N/A | -91.9% |
| Others | 203 | 47.7 | 52.1 | 4.7 | -71.5% |
| Total | 3,963 | 1,301 | 271 | 234 | -61.1% |
Top Export Markets for Articles of Apparel, Clothing Accessories and Other Articles of Furskin from New Zealand in 2022:
- Singapore (94.0 units)
- Australia (68.0 units)
- United States (27.0 units)
- Cook Islands (12.0 units)
- Malaysia (9.0 units)
- Finland (4.0 units)
- South Korea (1.0 units)
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