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

Contents:

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

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

In October 2023, the average import price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted amounted to $9.1 per unit, rising by 1.9% against the previous month. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 13% month-to-month. As a result, import price attained the peak level of $11.7 per unit. From May 2023 to October 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Germany ($22.0 per unit), while the price for India ($6.4 per unit) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In October 2023, the average export price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted amounted to $13.6 per unit, surging by 3.1% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in February 2023 an increase of 13% month-to-month. The export price peaked at $15.3 per unit in April 2023; however, from May 2023 to October 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was Sweden ($17.4 per unit), while the average price for exports to Spain ($10.9 per unit) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted into Denmark amounted to 41M units in 2022, with an increase of 3.6% on the year before. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +10.6% 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 +46.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 41% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted expanded markedly to $380M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +11.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. Imports peaked 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 Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bangladesh12098.513616611.4%
Turkey23.026.137.135.916.0%
China25.119.829.031.88.2%
Germany18.519.025.729.016.2%
Sweden17.015.524.023.711.7%
India8.97.115.916.021.6%
Pakistan5.36.49.211.127.9%
Others58.767.283.966.54.2%
Total27626036038011.2%

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

  1. Bangladesh (23.3M units)
  2. Turkey (3.5M units)
  3. China (3.3M units)
  4. India (2.3M units)
  5. Germany (2.1M units)
  6. Pakistan (1.6M units)
  7. Sweden (1.3M units)

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

Exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted from Denmark reduced slightly to 29M units in 2022, approximately mirroring the previous year. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +10.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +42.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 44% against the previous year. As a result, the exports attained the peak of 29M units, leveling off in the following year.

In value terms, exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted stood at $348M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.8% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 41% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Export of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany75.277.411611816.2%
Sweden21.525.936.637.420.3%
Netherlands17.517.026.631.021.0%
Poland11.919.431.126.831.1%
France13.914.623.925.822.9%
Spain11.910.117.418.115.0%
Italy12.812.518.817.711.4%
Belgium11.09.913.813.77.6%
Finland9.410.311.710.22.8%
Norway12.57.610.89.9-7.5%
Austria4.85.27.17.516.0%
United Kingdom12.915.65.64.7-28.6%
Others23.219.226.027.05.2%
Total23924534634813.3%

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

  1. Germany (10.4M units)
  2. Netherlands (2.4M units)
  3. Poland (2.4M units)
  4. France (2.4M units)
  5. Sweden (2.2M units)
  6. Spain (2.0M units)
  7. Italy (1.7M units)
  8. Belgium (1.1M units)
  9. Finland (0.7M units)
  10. Austria (0.6M units)
  11. Norway (0.5M units)
  12. United Kingdom (0.2M units)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted - Denmark