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

Contents:

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

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

The average export price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted stood at $7.9 per unit in October 2023, declining by -13.9% against the previous month. In general, the export price showed a noticeable downturn. The pace of growth was the most pronounced in May 2023 when the average export price increased by 14% against the previous month. Over the period under review, the average export prices hit record highs at $10.5 per unit in November 2022; however, from December 2022 to October 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was the Netherlands ($10.4 per unit), while the average price for exports to Slovenia ($2.9 per unit) was amongst the lowest.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+13.4%), 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 India (CIF) - 2023

The average import price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted stood at $6.6 per unit in October 2023, surging by 9.3% against the previous month. In general, the import price, however, recorded a noticeable decrease. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 22% month-to-month. The import price peaked at $11.8 per unit in May 2023; however, from June 2023 to October 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($11.1 per unit), while the price for China ($4.5 per unit) was amongst the lowest.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (-1.1%), 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 India

In 2022, exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted from India declined slightly to 27M units, almost unchanged from the previous year's figure. Overall, exports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 23%. The exports peaked at 36M 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 skyrocketed to $246M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +7.9% 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 +75.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 45% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States84.752.673.390.42.2%
Germany18.918.924.034.021.6%
Netherlands10.710.614.933.045.6%
United Kingdom11.87.415.515.910.5%
France8.85.76.97.5-5.2%
Italy5.84.57.77.27.5%
Canada4.53.24.56.211.3%
United Arab Emirates17.912.015.75.3-33.3%
Australia1.51.74.65.150.4%
Mexico3.92.02.44.00.8%
South Korea3.01.91.74.010.1%
Spain2.41.52.32.96.5%
Saudi Arabia1.01.82.92.433.9%
Others21.416.526.028.49.9%
Total1961402032467.9%

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

  1. United States (10.3M units)
  2. Germany (3.5M units)
  3. Netherlands (2.9M units)
  4. United Kingdom (1.7M units)
  5. France (1.0M units)
  6. Italy (0.8M units)
  7. Canada (0.6M units)
  8. Mexico (0.6M units)
  9. South Korea (0.6M units)
  10. Saudi Arabia (0.4M units)
  11. United Arab Emirates (0.4M units)
  12. Australia (0.4M units)
  13. Spain (0.4M units)

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

For the fourth year in a row, India recorded growth in overseas purchases of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted, which increased by 13% to 7.2M units in 2022. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 61%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted soared to $62M in 2022. Overall, imports showed significant growth. The growth pace was the most rapid in 2021 when imports increased by 77% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bangladesh8.89.116.418.427.9%
China5.14.68.511.330.4%
Spain4.13.97.27.120.1%
Vietnam1.01.01.43.551.8%
Indonesia1.01.82.63.450.4%
Myanmar0.30.30.62.397.2%
Cambodia1.21.51.72.324.2%
Hong Kong SAR2.01.12.71.7-5.3%
Others5.02.85.111.632.4%
Total28.426.146.261.629.4%

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

  1. Bangladesh (2822.6K units)
  2. China (1106.8K units)
  3. Spain (740.2K units)
  4. Indonesia (590.4K units)
  5. Vietnam (387.6K units)
  6. Myanmar (328.9K units)
  7. Cambodia (264.7K units)
  8. Hong Kong SAR (74.0K units)

Source: IndexBox Market Intelligence Platform

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