Price for Textiles; Worn Clothing and Other Worn Articles in Sweden - 2023
Contents:
- Price for Textiles; Worn Clothing and Other Worn Articles in Sweden (FOB) - 2023
- Price for Textiles; Worn Clothing and Other Worn Articles in Sweden (CIF) - 2023
- Exports of Textiles; Worn Clothing and Other Worn Articles in Sweden
- Imports of Textiles; Worn Clothing and Other Worn Articles in Sweden
Price for Textiles; Worn Clothing and Other Worn Articles in Sweden (FOB) - 2023
In December 2023, the average export price for textiles; worn clothing and other worn articleses amounted to $770 per ton, waning by -5.8% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.2%. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 18% m-o-m. The export price peaked at $818 per ton in November 2023, and then shrank in the following month.
There were significant differences in the average prices for the major foreign markets. In December 2023, the country with the highest price was Somalia ($1,371 per ton), while the average price for exports to Kosovo ($142 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 Somalia (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Textiles; Worn Clothing and Other Worn Articles in Sweden (CIF) - 2023
In December 2023, the average import price for textiles; worn clothing and other worn articleses amounted to $906 per ton, declining by -20.7% against the previous month. In general, the import price showed a mild downturn. The pace of growth appeared the most rapid in April 2023 an increase of 35% against the previous month. As a result, import price reached the peak level of $1,292 per ton. From May 2023 to December 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Norway ($988 per ton), while the price for Turkey totaled $349 per ton.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Lithuania (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Textiles; Worn Clothing and Other Worn Articles in Sweden
In 2022, exports of textiles; worn clothing and other worn articleses from Sweden rose remarkably to 39K tons, surging by 12% on the previous year. The total export volume increased at an average annual rate of +6.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of textiles; worn clothing and other worn articleses expanded notably to $26M in 2022. The total export value increased at an average annual rate of +6.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 19%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Textiles; Worn Clothing and Other Worn Articles in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 7.4 | 5.6 | 6.5 | 6.4 | -4.7% |
| Poland | 3.8 | 3.7 | 3.6 | 6.0 | 16.4% |
| Germany | 4.2 | 4.8 | 5.9 | 5.5 | 9.4% |
| Slovakia | 1.6 | 1.9 | 1.9 | 2.0 | 7.7% |
| Latvia | 0.1 | 0.4 | 0.4 | 0.7 | 91.3% |
| Pakistan | 0.7 | 0.8 | 0.7 | 0.5 | -10.6% |
| Turkey | 0.5 | 0.5 | 0.6 | 0.5 | 0.0% |
| Ukraine | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
| Others | 2.9 | 2.7 | 4.5 | 3.9 | 10.4% |
| Total | 21.4 | 20.4 | 24.2 | 25.8 | 6.4% |
Top Export Markets for Textiles; Worn Clothing and Other Worn Articles from Sweden in 2022:
- Lithuania (10.2K tons)
- Poland (9.1K tons)
- Germany (8.2K tons)
- Slovakia (3.2K tons)
- Pakistan (1.4K tons)
- Turkey (1.3K tons)
- Ukraine (1.0K tons)
- Latvia (1.0K tons)
Imports of Textiles; Worn Clothing and Other Worn Articles in Sweden
For the fourth consecutive year, Sweden recorded growth in purchases abroad of textiles; worn clothing and other worn articleses, which increased by 6.7% to 14K tons in 2022. The total import volume increased at an average annual rate of +6.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by 7.6% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the near future.
In value terms, imports of textiles; worn clothing and other worn articleses expanded notably to $15M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.4% 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 +53.0% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 36%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Textiles; Worn Clothing and Other Worn Articles in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 8.5 | 8.5 | 10.0 | 10.2 | 6.3% |
| Spain | N/A | 0.1 | 0.1 | 0.3 | 73.2% |
| Others | 1.5 | 1.3 | 3.1 | 4.5 | 44.2% |
| Total | 10.0 | 9.8 | 13.2 | 14.9 | 14.2% |
Top Suppliers of Textiles; Worn Clothing and Other Worn Articles to Sweden in 2022:
- Norway (13.2K tons)
- Spain (0.4K tons)
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