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

Contents:

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

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

In 2022, the average import price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted amounted to $14 per unit, increasing by 8.9% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($14 per unit) and India ($14 per unit), while the price for Colombia ($14 per unit) and Peru ($14 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.4%), 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 Ecuador (FOB) - 2022

In 2022, the average export price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted amounted to $13 per unit, shrinking by -11.5% against the previous year. In general, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted increased by +11.5% against 2017 indices. The growth pace was the most rapid in 2015 an increase of 37%. Over the period under review, the average export prices hit record highs at $15 per unit in 2021, and then fell in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Panama ($13 per unit) and Bolivia ($13 per unit), while the average price for exports to Costa Rica ($13 per unit) and Switzerland ($13 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+6.8%), 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 Ecuador

In 2022, imports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted into Ecuador skyrocketed to 753K units, picking up by 33% against 2021. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +7.8% 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 +73.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted skyrocketed to $10M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +12.9% 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 +100.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bangladesh8486241,1362,35940.6%
China1,6881,1821,3222,27410.4%
Turkey64553276195714.1%
Colombia59155677083712.3%
Pakistan1,000471632748-9.2%
Vietnam5455406915450.0%
Peru37221341553713.0%
Indonesia59.097.990.239187.8%
Cambodia28919419138510.0%
India363235350273-9.1%
Portugal280179289251-3.6%
Morocco69.877.816017134.8%
MyanmarN/AN/AN/A1690%
Others4862963855302.9%
Total7,2365,1977,19310,42713.0%

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

  1. Bangladesh (170.4K units)
  2. China (164.3K units)
  3. Turkey (69.1K units)
  4. Colombia (60.4K units)
  5. Pakistan (54.1K units)
  6. Vietnam (39.3K units)
  7. Peru (38.8K units)
  8. Indonesia (28.3K units)
  9. Cambodia (27.8K units)
  10. India (19.7K units)
  11. Portugal (18.2K units)
  12. Morocco (12.3K units)
  13. Myanmar (12.2K units)

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

In 2022, approx. 26K units of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted were exported from Ecuador; declining by -48.1% compared with the previous year. Overall, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 566% against the previous year. As a result, the exports reached the peak of 50K units, and then shrank significantly in the following year.

In value terms, exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted reduced dramatically to $341K in 2022. Over the period under review, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 677% against the previous year. As a result, the exports reached the peak of $743K, and then dropped dramatically in the following year.

Export of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany87.049.750023338.9%
United States5.413.110278.4144.0%
Switzerland9.813.033.515.115.5%
Colombia2.69.362.12.71.3%
Others2.310.645.512.475.3%
Total10795.774334147.2%

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

  1. Germany (17.5K units)
  2. United States (5.9K units)
  3. Switzerland (1.1K units)
  4. Colombia (0.2K units)

Source: IndexBox Market Intelligence Platform

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