Price for Clothing; Parts, Knitted or Crocheted in the United Arab Emirates - 2021

Contents:

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

Price for Clothing; Parts, Knitted or Crocheted in the United Arab Emirates (CIF) - 2022

The average import price for clothing; parts, knitted or crocheted stood at $6,562 per ton in 2022, reducing by -79.7% against the previous year. Over the period under review, the import price showed a pronounced shrinkage. The pace of growth was the most pronounced in 2017 when the average import price increased by 96%. Over the period under review, average import prices attained the peak figure at $32,378 per ton in 2021, and then declined sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($19,319 per ton), while the price for China ($4,134 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Yemen (+36.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Clothing; Parts, Knitted or Crocheted in the United Arab Emirates (FOB) - 2022

The average export price for clothing; parts, knitted or crocheted stood at $1,274 per ton in 2022, shrinking by -71.3% against the previous year. Overall, the export price recorded a deep contraction. The pace of growth was the most pronounced in 2018 when the average export price increased by 37%. The export price peaked at $8,527 per ton in 2016; however, from 2017 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 Qatar ($32,870 per ton), while the average price for exports to China ($332 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 Qatar (+26.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Clothing; Parts, Knitted or Crocheted in the United Arab Emirates

In 2022, the amount of clothing; parts, knitted or crocheted imported into the United Arab Emirates soared to 220 tons, picking up by 116% on the year before. Overall, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, clothing; parts, knitted or crocheted imports dropped rapidly to $1.4M in 2022. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 242%. As a result, imports reached the peak of $3.3M, and then dropped dramatically in the following year.

Import of Clothing; Parts, Knitted or Crocheted in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China15716222978470.9%
India0.710.76.2133474.9%
Taiwan (Chinese)19397.028.83.6-73.5%
MalaysiaN/AN/A211N/A0%
Singapore29.560.4N/AN/A104.7%
Others4496332,8205235.2%
Total8289633,2951,44420.4%

Top Suppliers of Clothing; Parts, Knitted or Crocheted to the United Arab Emirates in 2022:

  1. China (189.6 tons)
  2. India (16.6 tons)
  3. Taiwan (Chinese) (0.3 tons)

Exports of Clothing; Parts, Knitted or Crocheted in the United Arab Emirates

In 2022, exports of clothing; parts, knitted or crocheted from the United Arab Emirates skyrocketed to 365 tons, growing by 1,683% compared with the year before. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, clothing; parts, knitted or crocheted exports skyrocketed to $465K in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Clothing; Parts, Knitted or Crocheted in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
DjiboutiN/AN/AN/A73.50%
SomaliaN/AN/AN/A70.30%
BangladeshN/AN/AN/A40.50%
SenegalN/AN/A0.436.89100.0%
LibyaN/AN/AN/A28.60%
IraqN/AN/AN/A9.90%
ChinaN/AN/AN/A7.30%
Oman14.983.048.46.2-25.3%
Others31.222.641.919182.9%
Total46.110690.7465116.1%

Top Export Markets for Clothing; Parts, Knitted or Crocheted from the United Arab Emirates in 2022:

  1. Somalia (137.2 tons)
  2. Djibouti (70.0 tons)
  3. Bangladesh (66.7 tons)
  4. China (22.1 tons)
  5. Libya (18.6 tons)
  6. Iraq (14.4 tons)
  7. Senegal (12.1 tons)
  8. Oman (1.9 tons)

Source: IndexBox Market Intelligence Platform

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