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

Contents:

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

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

The average import price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted stood at $15 per unit in 2022, increasing by 15% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 18% against the previous year. As a result, import price reached the peak level of $16 per unit. From 2019 to 2022, the average import prices remained at a 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 Italy ($44 per unit), while the price for Turkey ($14 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+2.6%), 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 Kuwait (FOB) - 2022

The average export price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted stood at $23 per unit in 2022, with an increase of 22% against the previous year. Overall, the export price continues to indicate perceptible growth. The pace of growth appeared the most rapid in 2018 an increase of 82% against the previous year. As a result, the export price reached the peak level of $36 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 Italy ($109 per unit), while the average price for exports to Qatar ($13 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+117.8%), 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 Kuwait

In 2022, after three years of growth, there was significant decline in supplies from abroad of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted, when their volume decreased by -13.4% to 4.4M units. Overall, imports, however, saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 49%. As a result, imports reached the peak of 5.1M units, and then contracted in the following year.

In value terms, imports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted fell slightly to $65M in 2022. In general, imports, however, posted a significant increase. The growth pace was the most rapid in 2021 when imports increased by 73% against the previous year. As a result, imports reached the peak of $65M, leveling off in the following year.

Import of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Kuwait (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bangladesh2.96.918.017.281.0%
China11.09.113.412.02.9%
Turkey3.25.97.58.136.3%
Italy2.22.43.85.031.5%
India3.12.43.64.210.7%
Vietnam1.62.24.24.035.7%
Cambodia1.61.63.13.023.3%
Pakistan1.00.82.52.433.9%
Portugal1.51.53.21.98.2%
Others4.45.16.07.217.8%
Total32.437.865.365.126.2%

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

  1. Bangladesh (1243.0K units)
  2. China (870.2K units)
  3. Turkey (583.2K units)
  4. India (305.3K units)
  5. Vietnam (288.7K units)
  6. Cambodia (213.7K units)
  7. Pakistan (175.9K units)
  8. Portugal (139.3K units)
  9. Italy (113.9K units)

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

Exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted from Kuwait contracted sharply to 38K units in 2022, waning by -22.1% against the previous year's figure. In general, exports, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of 90% against the previous year. As a result, the exports attained the peak of 48K units, and then dropped notably in the following year.

In value terms, exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted fell to $881K in 2022. Overall, exports saw a perceptible decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 8.3%. Over the period under review, the exports of attained the peak figure at $964K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy71.818211321243.5%
Saudi Arabia301173527198-13.0%
United Arab Emirates28.128.836.718487.1%
Spain1401624.2130-2.4%
Bahrain255133119101-26.6%
IraqN/A32.755.626.1-10.7%
Qatar38.726.631.03.5-55.1%
Others12912042.827.4-40.3%
Total964858929881-3.0%

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

  1. Saudi Arabia (14.9K units)
  2. Spain (9.8K units)
  3. Bahrain (4.5K units)
  4. United Arab Emirates (3.8K units)
  5. Italy (2.0K units)
  6. Iraq (2.0K units)
  7. Qatar (0.3K units)

Source: IndexBox Market Intelligence Platform

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