Price for Jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted in Sri Lanka - 2022

Contents:

  1. Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Sri Lanka (FOB) - 2022
  2. Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Sri Lanka (CIF) - 2022
  3. Exports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Sri Lanka
  4. Imports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Sri Lanka

Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Sri Lanka (FOB) - 2022

The average export price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted stood at $7.2 per unit in 2022, rising by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The pace of growth was the most pronounced in 2018 an increase of 28%. As a result, the export price reached the peak level of $8 per unit. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($12 per unit), while the average price for exports to Canada ($4.9 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 Belgium (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Sri Lanka (CIF) - 2022

In 2022, the average import price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted amounted to $5.9 per unit, shrinking by -2.6% against the previous year. Over the period under review, the import price recorded a perceptible curtailment. The pace of growth was the most pronounced in 2021 an increase of 27%. Over the period under review, average import prices attained the peak figure at $10 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 Pakistan ($7.7 per unit), while the price for China ($3.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+3.9%), while the prices for the other major suppliers experienced a decline.

Exports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Sri Lanka

Exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted from Sri Lanka dropped to 14M units in 2022, waning by -1.6% compared with 2021 figures. Over the period under review, exports saw a abrupt curtailment. The growth pace was the most rapid in 2021 when exports increased by 47%. The exports peaked at 19M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted rose sharply to $102M in 2022. In general, exports showed a deep downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 43% against the previous year. Over the period under review, the exports of attained the peak figure at $146M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Sri Lanka (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States99.137.748.941.9-24.9%
Canada1.34.08.211.3105.6%
Netherlands8.85.610.311.38.7%
Belgium6.92.31.111.217.5%
United Kingdom10.64.49.08.5-7.1%
France3.32.52.53.0-3.1%
Germany2.60.81.62.4-2.6%
Italy2.91.71.82.2-8.8%
Others10.14.98.110.41.0%
Total14664.091.5102-11.3%

Top Export Markets for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted from Sri Lanka in 2022:

  1. United States (6.5M units)
  2. Canada (2.3M units)
  3. United Kingdom (1.4M units)
  4. Netherlands (0.9M units)
  5. Belgium (0.9M units)
  6. France (0.4M units)
  7. Italy (0.3M units)
  8. Germany (0.2M units)

Imports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Sri Lanka

Imports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted into Sri Lanka rose notably to 396K units in 2022, picking up by 10% against the previous year's figure. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 201% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, imports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted expanded notably to $2.3M in 2022. In general, imports posted a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 100% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Pakistan0.12427371,1272142.0%
India13945170277076.9%
BangladeshN/AN/AN/A4020%
China61523315.74.3-80.9%
Indonesia9.2646N/AN/A6921.7%
Others11017270919.9-43.4%
Total8731,7432,1622,32438.6%

Top Suppliers of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted to Sri Lanka in 2022:

  1. India (155.5K units)
  2. Pakistan (146.4K units)
  3. Bangladesh (89.4K units)
  4. China (1.1K units)

Source: IndexBox Market Intelligence Platform

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