Price for Embroidery; in the Piece, in Strips or in Motifs in Estonia - 2023
Contents:
- Price for Embroidery; in the Piece, in Strips or in Motifs in Estonia (FOB) - 2022
- Price for Embroidery; in the Piece, in Strips or in Motifs in Estonia (CIF) - 2022
- Exports of Embroidery; in the Piece, in Strips or in Motifs in Estonia
- Imports of Embroidery; in the Piece, in Strips or in Motifs in Estonia
Price for Embroidery; in the Piece, in Strips or in Motifs in Estonia (FOB) - 2022
In 2022, the average export price for embroidery; in the piece, in strips or in motifses amounted to $287,415 per ton, jumping by 289% against the previous year. Over the period under review, the export price continues to indicate a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($323,015 per ton), while the average price for exports to Cambodia ($96,044 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 Finland (+23.0%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Embroidery; in the Piece, in Strips or in Motifs in Estonia (CIF) - 2022
In 2022, the average import price for embroidery; in the piece, in strips or in motifses amounted to $26,973 per ton, picking up by 59% against the previous year. In general, the import price enjoyed notable growth. The pace of growth appeared the most rapid in 2014 an increase of 133% against the previous year. As a result, import price reached the peak level of $54,015 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Latvia ($81,872 per ton), while the price for Poland ($975 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Embroidery; in the Piece, in Strips or in Motifs in Estonia
In 2022, the amount of embroidery; in the piece, in strips or in motifses exported from Estonia reduced markedly to 2.8 tons, which is down by -74.1% against 2021 figures. Overall, exports saw a sharp slump. The smallest decline of -39.2% was in 2021.
In value terms, exports of embroidery; in the piece, in strips or in motifses reached $792K in 2022. The total export value increased at an average annual rate of +3.2% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 19%. Over the period under review, the exports of embroidery; in piece, in strips or in motifses attained the maximum in 2022 and are expected to retain growth in years to come.
| Export of Embroidery; in the Piece, in Strips or in Motifs in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 441 | 424 | 439 | 411 | -2.3% |
| Sweden | 224 | 192 | 236 | 260 | 5.1% |
| Latvia | 13.8 | 30.4 | 56.6 | 93.0 | 88.9% |
| Lithuania | 6.3 | 5.7 | 6.3 | 11.8 | 23.3% |
| Cambodia | N/A | N/A | 3.5 | 4.3 | 22.9% |
| Russia | 36.6 | 7.5 | 6.9 | N/A | -56.6% |
| Others | N/A | N/A | 39.6 | 12.0 | -69.7% |
| Total | 722 | 660 | 787 | 792 | 3.1% |
Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from Estonia in 2022:
- Finland (1272.0 kg)
- Sweden (914.0 kg)
- Latvia (372.0 kg)
- Lithuania (118.0 kg)
- Cambodia (45.0 kg)
Imports of Embroidery; in the Piece, in Strips or in Motifs in Estonia
In 2022, imports of embroidery; in the piece, in strips or in motifses into Estonia shrank notably to 15 tons, reducing by -36.1% on the previous year. Overall, imports, however, recorded noticeable growth. The pace of growth was the most pronounced in 2021 when imports increased by 107% against the previous year. As a result, imports attained the peak of 24 tons, and then dropped notably in the following year.
In value terms, imports of embroidery; in the piece, in strips or in motifses stood at $418K in 2022. In general, imports recorded a noticeable downturn. The growth pace was the most rapid in 2021 when imports increased by 23% against the previous year.
| Import of Embroidery; in the Piece, in Strips or in Motifs in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 101 | 77.5 | 136 | 150 | 14.1% |
| Latvia | 165 | 143 | 156 | 137 | -6.0% |
| Turkey | 26.5 | 31.1 | 32.4 | 72.7 | 40.0% |
| Finland | 0.4 | 13.1 | 9.4 | 35.6 | 346.5% |
| Poland | 7.3 | 4.2 | 18.8 | 3.7 | -20.3% |
| Germany | 8.7 | 11.8 | 10.4 | 2.0 | -38.7% |
| Taiwan (Chinese) | 41.8 | 31.9 | 6.1 | 1.5 | -67.0% |
| Others | 130 | 22.6 | 41.8 | 14.7 | -51.6% |
| Total | 481 | 335 | 411 | 418 | -4.6% |
Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Estonia in 2022:
- Turkey (4.2 tons)
- Poland (3.8 tons)
- China (3.0 tons)
- Finland (2.4 tons)
- Latvia (1.7 tons)
- Germany (0.1 tons)
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