Price for Clothing; Parts, Knitted or Crocheted in Greece - 2023

Contents:

  1. Price for Clothing; Parts, Knitted or Crocheted in Greece (FOB) - 2022
  2. Price for Clothing; Parts, Knitted or Crocheted in Greece (CIF) - 2022
  3. Exports of Clothing; Parts, Knitted or Crocheted in Greece
  4. Imports of Clothing; Parts, Knitted or Crocheted in Greece

Price for Clothing; Parts, Knitted or Crocheted in Greece (FOB) - 2022

In 2022, the average export price for clothing; parts, knitted or crocheted amounted to $14,227 per ton, growing by 7.2% against the previous year. Overall, the export price posted a strong expansion. The pace of growth was the most pronounced in 2014 an increase of 45%. The export price peaked at $16,036 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($19,388 per ton), while the average price for exports to Bulgaria ($11,041 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 Hungary (+25.5%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Clothing; Parts, Knitted or Crocheted in Greece (CIF) - 2022

The average import price for clothing; parts, knitted or crocheted stood at $17,859 per ton in 2022, rising by 5.7% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +6.9% 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 import price increased by +14.0% against 2016 indices. The most prominent rate of growth was recorded in 2016 an increase of 61% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

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 Indonesia ($47,100 per ton), while the price for Turkey ($12,881 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Albania (+23.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Clothing; Parts, Knitted or Crocheted in Greece

In 2022, exports of clothing; parts, knitted or crocheted from Greece contracted sharply to 27 tons, which is down by -28.5% on 2021 figures. In general, exports saw a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year.

In value terms, clothing; parts, knitted or crocheted exports reduced rapidly to $389K in 2022. Over the period under review, exports saw a precipitous curtailment. The growth pace was the most rapid in 2021 when exports increased by 46% against the previous year.

Export of Clothing; Parts, Knitted or Crocheted in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bulgaria971296323257-35.8%
Italy9.911.010946.667.6%
HungaryN/A4.39.05.311.0%
Others29.436.065.880.740.0%
Total1,010348508389-27.2%

Top Export Markets for Clothing; Parts, Knitted or Crocheted from Greece in 2022:

  1. Bulgaria (23.2 tons)
  2. Italy (2.4 tons)
  3. Hungary (0.4 tons)

Imports of Clothing; Parts, Knitted or Crocheted in Greece

Clothing; parts, knitted or crocheted imports into Greece contracted rapidly to 9.1 tons in 2022, reducing by -29.6% on 2021. In general, imports saw a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 47%. As a result, imports reached the peak of 13 tons, and then reduced dramatically in the following year.

In value terms, clothing; parts, knitted or crocheted imports shrank dramatically to $162K in 2022. Overall, total imports indicated measured growth from 2019 to 2022: its value increased at an average annual rate of +3.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +9.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 43% against the previous year. As a result, imports attained the peak of $218K, and then reduced remarkably in the following year.

Import of Clothing; Parts, Knitted or Crocheted in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China19.846.510744.430.9%
Germany16.025.138.435.830.8%
Bulgaria5.911.07.728.168.2%
Albania42.116.116.920.1-21.8%
Italy27.318.07.912.0-24.0%
IndonesiaN/AN/AN/A9.80%
Turkey7.05.128.34.1-16.3%
Spain6.8N/A2.31.6-38.3%
Bangladesh18.0N/AN/AN/A0%
Others5.130.19.76.58.4%
Total1481522181623.1%

Top Suppliers of Clothing; Parts, Knitted or Crocheted to Greece in 2022:

  1. China (3.4 tons)
  2. Bulgaria (1.7 tons)
  3. Germany (1.4 tons)
  4. Albania (1.3 tons)
  5. Italy (0.5 tons)
  6. Turkey (0.3 tons)
  7. Indonesia (0.2 tons)
  8. Spain (0.1 tons)

Source: IndexBox Market Intelligence Platform

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