Price for Jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted in China - 2023

Contents:

  1. Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in China (FOB) - 2023
  2. Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in China (CIF) - 2022
  3. Exports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in China
  4. Imports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in China

Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in China (FOB) - 2023

In December 2023, the average export price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted amounted to $6.9 per unit, rising by 2.7% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 an increase of 3.1% month-to-month. Over the period under review, the average export prices hit record highs at $7.2 per unit in December 2022; however, from January 2023 to December 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In December 2023, the country with the highest price was the UK ($9.3 per unit), while the average price for exports to Greece ($3.5 per unit) 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 Russia (+1.1%), 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 China (CIF) - 2022

In 2022, the average import price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted amounted to $17 per unit, growing by 19% against the previous year. Overall, the import price saw a buoyant increase. The most prominent rate of growth was recorded in 2015 an increase of 30% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the near future.

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 ($25 per unit), while the price for Taiwan (Chinese) ($5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted from China contracted notably to 1B units, waning by -15.2% on the year before. Over the period under review, exports saw a slight slump. The pace of growth appeared the most rapid in 2021 when exports increased by 20%. As a result, the exports attained the peak of 1.2B units, and then contracted sharply in the following year.

In value terms, exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted contracted to $7.4B in 2022. The total export value increased at an average annual rate of +3.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 29%. As a result, the exports reached the peak of $7.8B, and then fell in the following year.

Export of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,7991,2861,9801,8140.3%
Taiwan (Chinese)47265966466712.2%
Japan6105817206622.8%
Philippines19624527032718.6%
Germany2462052632763.9%
Australia14517925726822.7%
South Korea1711452152259.6%
Vietnam28.198.324920894.9%
Saudi Arabia1491412291877.9%
United Kingdom1611572051854.7%
Greece13985.61371441.2%
United Arab Emirates52.811217514138.7%
Chile88.262.813013615.5%
Others2,3722,0932,2862,146-3.3%
Total6,6296,0487,7807,3873.7%

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

  1. United States (249.3M units)
  2. Taiwan (Chinese) (107.1M units)
  3. Japan (96.2M units)
  4. Philippines (59.1M units)
  5. Australia (33.7M units)
  6. Vietnam (32.8M units)
  7. Germany (31.6M units)
  8. South Korea (28.2M units)
  9. Saudi Arabia (26.2M units)
  10. Greece (25.9M units)
  11. Chile (21.9M units)
  12. United Arab Emirates (21.4M units)
  13. United Kingdom (19.8M units)

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

Imports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted into China contracted significantly to 42M units in 2022, with a decrease of -30.2% against the previous year's figure. Overall, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 17%. As a result, imports attained the peak of 60M units, and then reduced markedly in the following year.

In value terms, imports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted dropped dramatically to $712M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +9.4% 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 +31.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 36%. As a result, imports reached the peak of $856M, and then contracted notably in the following year.

Import of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam1351511721401.2%
Portugal48.758.911696.925.8%
South Korea20.440.770.841.126.3%
Cambodia61.960.254.438.0-15.0%
Pakistan16.927.032.931.723.3%
Indonesia31.828.737.530.3-1.6%
Turkey32.729.437.929.5-3.4%
Bangladesh33.326.129.026.8-7.0%
Others16220530627719.6%
Total5436288567129.5%

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

  1. Vietnam (16.4M units)
  2. South Korea (8.1M units)
  3. Bangladesh (3.1M units)
  4. Pakistan (2.8M units)
  5. Indonesia (2.0M units)
  6. Cambodia (2.0M units)
  7. Turkey (1.2M units)
  8. Portugal (0.8M units)

Source: IndexBox Market Intelligence Platform

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