Price for Textiles; Worn Clothing and Other Worn Articles in Italy - 2023
Contents:
- Price for Textiles; Worn Clothing and Other Worn Articles in Italy (FOB) - 2023
- Price for Textiles; Worn Clothing and Other Worn Articles in Italy (CIF) - 2022
- Exports of Textiles; Worn Clothing and Other Worn Articles in Italy
- Imports of Textiles; Worn Clothing and Other Worn Articles in Italy
Price for Textiles; Worn Clothing and Other Worn Articles in Italy (FOB) - 2023
The average export price for textiles; worn clothing and other worn articleses stood at $792 per ton in December 2023, therefore, remained relatively stable against the previous month. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 12% against the previous month. Over the period under review, the average export prices reached the maximum at $938 per ton in February 2023; however, from March 2023 to December 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Cameroon ($2,037 per ton), while the average price for exports to Pakistan ($114 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Textiles; Worn Clothing and Other Worn Articles in Italy (CIF) - 2022
In 2022, the average import price for textiles; worn clothing and other worn articleses amounted to $970 per ton, rising by 5.2% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 23%. The import price peaked at $1,145 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,865 per ton), while the price for Poland ($569 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Textiles; Worn Clothing and Other Worn Articles in Italy
In 2022, exports of textiles; worn clothing and other worn articleses from Italy fell modestly to 182K tons, which is down by -3.3% compared with the previous year. The total export volume increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 17%. As a result, the exports reached the peak of 188K tons, and then fell modestly in the following year.
In value terms, exports of textiles; worn clothing and other worn articleses contracted to $135M in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 24%. As a result, the exports reached the peak of $144M, and then contracted in the following year.
| Export of Textiles; Worn Clothing and Other Worn Articles in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guinea | 18.8 | 19.6 | 20.0 | 17.9 | -1.6% |
| Tunisia | 24.4 | 20.8 | 16.3 | 15.7 | -13.7% |
| Senegal | 8.2 | 8.5 | 12.8 | 11.4 | 11.6% |
| Niger | 4.5 | 3.4 | 4.7 | 5.1 | 4.3% |
| Burkina Faso | 2.2 | 3.4 | 4.5 | 5.0 | 31.5% |
| United Arab Emirates | 3.1 | 1.5 | 2.8 | 4.7 | 14.9% |
| Congo | 2.5 | 2.4 | 5.0 | 4.6 | 22.5% |
| Pakistan | 2.2 | 1.7 | 3.6 | 4.5 | 26.9% |
| Bulgaria | 2.5 | 2.8 | 4.0 | 4.1 | 17.9% |
| Albania | 5.1 | 4.4 | 5.0 | 4.0 | -7.8% |
| Slovakia | 3.4 | 2.2 | 2.4 | 2.4 | -11.0% |
| Hungary | 1.3 | 1.3 | 1.4 | 2.3 | 20.9% |
| India | 0.3 | 0.5 | 1.1 | 0.9 | 44.2% |
| Others | 53.3 | 43.9 | 60.6 | 52.9 | -0.3% |
| Total | 132 | 116 | 144 | 135 | 0.8% |
Top Export Markets for Textiles; Worn Clothing and Other Worn Articles from Italy in 2022:
- Tunisia (42.0K tons)
- Pakistan (23.8K tons)
- Guinea (19.3K tons)
- Senegal (10.3K tons)
- United Arab Emirates (8.9K tons)
- Bulgaria (5.9K tons)
- Burkina Faso (5.7K tons)
- Albania (5.1K tons)
- Slovakia (5.1K tons)
- Niger (5.0K tons)
- India (4.7K tons)
- Hungary (4.1K tons)
- Congo (3.9K tons)
Imports of Textiles; Worn Clothing and Other Worn Articles in Italy
In 2022, imports of textiles; worn clothing and other worn articleses into Italy soared to 63K tons, picking up by 37% against 2021. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +10.6% 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 +54.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of textiles; worn clothing and other worn articleses surged to $61M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +10.9% 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 +99.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Textiles; Worn Clothing and Other Worn Articles in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.7 | 7.6 | 12.9 | 12.1 | 16.3% |
| Austria | 3.6 | 3.1 | 7.6 | 9.6 | 38.7% |
| Hungary | 0.4 | 0.3 | 0.6 | 6.9 | 158.4% |
| United States | 5.0 | 2.6 | 4.5 | 5.3 | 2.0% |
| Greece | 0.1 | 0.1 | 0.2 | 4.4 | 253.0% |
| Poland | 0.3 | 0.2 | 0.1 | 3.6 | 128.9% |
| Czech Republic | 0.7 | 0.7 | 0.4 | 0.5 | -10.6% |
| France | N/A | 0.8 | 1.1 | 0.2 | -50.0% |
| Romania | 1.4 | 0.2 | 0.3 | 0.1 | -58.5% |
| Spain | 1.6 | 0.7 | 1.3 | 0.1 | -60.3% |
| Switzerland | 9.8 | 5.6 | N/A | N/A | -42.9% |
| Others | 14.4 | 8.8 | 13.5 | 18.4 | 8.5% |
| Total | 44.9 | 30.8 | 42.4 | 61.3 | 10.9% |
Top Suppliers of Textiles; Worn Clothing and Other Worn Articles to Italy in 2022:
- Germany (16.9K tons)
- Austria (13.2K tons)
- Hungary (12.0K tons)
- Greece (7.4K tons)
- Poland (6.3K tons)
- United States (1.1K tons)
- Czech Republic (0.7K tons)
- France (0.3K tons)
- Romania (0.1K tons)
- Spain (0.1K tons)
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