Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Canada - 2024
Contents:
- Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Canada (CIF) - 2022
- Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Canada (FOB) - 2022
- Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Canada
- Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Canada
Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Canada (CIF) - 2022
The average import price for articles of apparel, clothing accessories and other articles of furskin stood at $5,613 per unit in 2022, reducing by -11.6% against the previous year. Over the period under review, the import price saw a deep reduction. The most prominent rate of growth was recorded in 2018 an increase of 31% against the previous year. Over the period under review, average import prices reached the peak figure at $20,181 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 Turkey ($8,848 per unit), while the price for the United States ($739 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-8.3%), while the prices for the other major suppliers experienced a decline.
Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Canada (FOB) - 2022
In 2022, the average export price for articles of apparel, clothing accessories and other articles of furskin amounted to $704 per unit, declining by -48.2% against the previous year. Over the period under review, the export price recorded a sharp contraction. The pace of growth appeared the most rapid in 2021 an increase of 59% against the previous year. The export price peaked at $13,941 per unit in 2012; however, from 2013 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 China ($1,185 per unit), while the average price for exports to the United States ($702 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (-14.5%), while the prices for the other major destinations experienced a decline.
Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Canada
For the third consecutive year, Canada recorded decline in overseas purchases of articles of apparel, clothing accessories and other articles of furskin, which decreased by -27.5% to 2.4K units in 2022. Over the period under review, imports showed a sharp curtailment. The smallest decline of -10.4% was in 2021. Over the period under review, imports of attained the maximum at 6.9K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of articles of apparel, clothing accessories and other articles of furskin contracted significantly to $14M in 2022. In general, imports showed a dramatic contraction. The smallest decline of -11.7% was in 2021. Imports peaked at $48M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 37.3 | 16.9 | 13.4 | 5.0 | -48.8% |
| Italy | 4.3 | 3.0 | 3.5 | 4.2 | -0.8% |
| Turkey | 1.4 | 0.7 | 1.0 | 1.2 | -5.0% |
| France | 1.5 | 1.0 | 0.8 | 0.7 | -22.4% |
| Greece | 0.3 | 0.2 | 0.6 | 0.5 | 18.6% |
| United States | 0.8 | 0.3 | 0.2 | 0.3 | -27.9% |
| Poland | 0.3 | 0.2 | 0.3 | 0.2 | -12.6% |
| Moldova | 0.1 | N/A | N/A | N/A | 0% |
| Others | 1.9 | 1.7 | 1.6 | 1.7 | -3.6% |
| Total | 47.8 | 24.2 | 21.4 | 13.7 | -34.1% |
Top Suppliers of Articles of Apparel, Clothing Accessories and Other Articles of Furskin to Canada in 2022:
- China (568.0 units)
- Italy (470.0 units)
- United States (403.0 units)
- Poland (232.0 units)
- France (158.0 units)
- Turkey (131.0 units)
- Greece (67.0 units)
- Moldova (35.0 units)
Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Canada
In 2022, overseas shipments of articles of apparel, clothing accessories and other articles of furskin were finally on the rise to reach 15K units after two years of decline. In general, exports recorded a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of articles of apparel, clothing accessories and other articles of furskin shrank slightly to $10M in 2022. Overall, exports, however, showed a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. Over the period under review, the exports of attained the peak figure at $15M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 14.0 | 7.2 | 9.6 | 9.5 | -12.1% |
| Italy | 0.5 | N/A | 0.2 | 0.2 | -26.3% |
| Hong Kong SAR | N/A | 0.3 | 0.1 | 0.2 | -18.4% |
| Others | 0.4 | 0.6 | 0.6 | 0.4 | 0.0% |
| Total | 15.0 | 8.2 | 10.5 | 10.3 | -11.8% |
Top Export Markets for Articles of Apparel, Clothing Accessories and Other Articles of Furskin from Canada in 2022:
- United States (13.5K units)
- Italy (0.3K units)
- Hong Kong SAR (0.3K units)
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