Price for Clothing; Parts, Knitted or Crocheted in Belgium - 2023
Contents:
- Price for Clothing; Parts, Knitted or Crocheted in Belgium (CIF) - 2022
- Price for Clothing; Parts, Knitted or Crocheted in Belgium (FOB) - 2022
- Imports of Clothing; Parts, Knitted or Crocheted in Belgium
- Exports of Clothing; Parts, Knitted or Crocheted in Belgium
Price for Clothing; Parts, Knitted or Crocheted in Belgium (CIF) - 2022
In 2022, the average import price for clothing; parts, knitted or crocheted amounted to $16,780 per ton, dropping by -21.2% against the previous year. Over the period under review, the import price showed a abrupt contraction. The growth pace was the most rapid in 2015 when the average import price increased by 28% against the previous year. As a result, import price attained the peak level of $37,471 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($58,513 per ton), while the price for Ireland ($4,949 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.3%), while the prices for the other major suppliers experienced a decline.
Price for Clothing; Parts, Knitted or Crocheted in Belgium (FOB) - 2022
The average export price for clothing; parts, knitted or crocheted stood at $37,701 per ton in 2022, increasing by 14% against the previous year. In general, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, clothing; parts, knitted or crocheted export price increased by +37.0% against 2020 indices. The growth pace was the most rapid in 2018 an increase of 71%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Nigeria ($87,721 per ton), while the average price for exports to Italy ($16,403 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+23.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Clothing; Parts, Knitted or Crocheted in Belgium
In 2022, the amount of clothing; parts, knitted or crocheted imported into Belgium totaled 80 tons, increasing by 8.8% on the previous year. The total import volume increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 27%. As a result, imports attained the peak of 92 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, clothing; parts, knitted or crocheted imports declined to $1.3M in 2022. Overall, imports, however, showed a deep downturn. The pace of growth appeared the most rapid in 2020 with an increase of 3.5%. As a result, imports reached the peak of $2.4M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Clothing; Parts, Knitted or Crocheted in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 219 | 231 | 241 | 247 | 4.1% |
| Croatia | N/A | N/A | 105 | 225 | 114.3% |
| Germany | 611 | 498 | 409 | 214 | -29.5% |
| Netherlands | 153 | 195 | 176 | 213 | 11.7% |
| China | 35.8 | 147 | 166 | 114 | 47.1% |
| Spain | 34.8 | 46.5 | 6.4 | 90.9 | 37.7% |
| Italy | 303 | 283 | 162 | 76.8 | -36.7% |
| Ireland | 0.2 | N/A | N/A | 17.4 | 343.1% |
| United Kingdom | 860 | 831 | 16.5 | 6.8 | -80.1% |
| Bulgaria | N/A | 42.7 | 92.1 | 4.2 | -68.6% |
| Others | 60.0 | 81.6 | 189 | 132 | 30.1% |
| Total | 2,276 | 2,357 | 1,563 | 1,341 | -16.2% |
Top Suppliers of Clothing; Parts, Knitted or Crocheted to Belgium in 2022:
- Netherlands (31.4 tons)
- France (10.4 tons)
- Spain (9.6 tons)
- Germany (6.6 tons)
- Croatia (5.7 tons)
- China (5.5 tons)
- Ireland (3.5 tons)
- Italy (1.3 tons)
- Bulgaria (0.6 tons)
- United Kingdom (0.2 tons)
Exports of Clothing; Parts, Knitted or Crocheted in Belgium
In 2022, shipments abroad of clothing; parts, knitted or crocheted decreased by -45.9% to 23 tons, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 93% against the previous year. As a result, the exports reached the peak of 46 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, clothing; parts, knitted or crocheted exports fell remarkably to $881K in 2022. Overall, total exports indicated a tangible expansion from 2019 to 2022: its value increased at an average annual rate of +4.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 61% against the previous year.
| Export of Clothing; Parts, Knitted or Crocheted in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tunisia | 192 | 215 | 268 | 264 | 11.2% |
| Bulgaria | 7.6 | 56.1 | 0.2 | 150 | 170.2% |
| Morocco | 42.0 | 50.8 | 72.4 | 74.2 | 20.9% |
| Nigeria | N/A | 0.9 | N/A | 62.5 | 733.3% |
| Germany | 27.5 | 98.9 | 112 | 34.9 | 8.3% |
| Indonesia | 52.9 | 35.4 | 13.4 | 31.1 | -16.2% |
| France | 110 | 94.3 | 134 | 27.4 | -37.1% |
| Myanmar | N/A | 22.1 | 10.9 | 23.0 | 2.0% |
| United Kingdom | 33.9 | 88.4 | 3.4 | 20.4 | -15.6% |
| Italy | 10.7 | 5.9 | 18.9 | 15.8 | 13.9% |
| Netherlands | 58.5 | 188 | 145 | 14.2 | -37.6% |
| Slovakia | 15.1 | 26.1 | 14.5 | 13.6 | -3.4% |
| Hungary | N/A | 16.6 | 7.1 | 0.5 | -82.6% |
| Others | 233 | 366 | 629 | 150 | -13.7% |
| Total | 784 | 1,264 | 1,429 | 881 | 4.0% |
Top Export Markets for Clothing; Parts, Knitted or Crocheted from Belgium in 2022:
- Hungary (undefined tons)
- Tunisia (7.2 tons)
- Bulgaria (4.6 tons)
- Morocco (3.0 tons)
- France (1.5 tons)
- Italy (1.0 tons)
- Myanmar (0.9 tons)
- Germany (0.8 tons)
- Nigeria (0.7 tons)
- Indonesia (0.6 tons)
- United Kingdom (0.6 tons)
- Slovakia (0.4 tons)
- Netherlands (0.1 tons)
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