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

Contents:

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

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

The average export price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted stood at $5.2 per unit in 2022, picking up by 62% against the previous year. Overall, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($11 per unit), while the average price for exports to Hong Kong SAR ($2.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+13.2%), 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 Malaysia (CIF) - 2022

The average import price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted stood at $9.5 per unit in 2022, reducing by -2.7% against the previous year. Over the period under review, the import price continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2017 an increase of 30%. Over the period under review, average import prices attained the peak figure at $12 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Hong Kong SAR ($22 per unit), while the price for India ($5.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, after three years of growth, there was significant decline in shipments abroad of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted, when their volume decreased by -34.6% to 41M units. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 36% against the previous year. Over the period under review, the exports of attained the peak figure at 62M units in 2021, and then fell markedly in the following year.

In value terms, exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted rose notably to $211M in 2022. The total export value increased at an average annual rate of +4.9% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, the exports attained the peak 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 Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States10297.41291174.7%
Japan39.848.632.851.38.8%
Netherlands4.35.98.27.319.3%
Canada5.44.35.15.61.2%
China6.75.04.94.9-9.9%
Hong Kong SAR2.01.21.92.811.9%
Indonesia0.20.20.12.6135.1%
Others22.128.217.419.9-3.4%
Total1831911992114.9%

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

  1. United States (25.8M units)
  2. Japan (6.1M units)
  3. Canada (2.1M units)
  4. Netherlands (1.4M units)
  5. Hong Kong SAR (1.1M units)
  6. Indonesia (0.7M units)
  7. China (0.4M units)

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

After two years of decline, overseas purchases of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted increased by 115% to 3.4M units in 2022. Over the period under review, imports saw resilient growth. As a result, imports reached 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 $33M in 2022. In general, imports saw a resilient expansion. As a result, imports attained 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 Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.24.44.68.912.8%
Bangladesh3.92.72.25.411.5%
Vietnam3.32.11.43.73.9%
Spain1.10.70.81.613.3%
India0.80.80.31.523.3%
Indonesia1.01.00.31.39.1%
Cambodia0.90.60.51.03.6%
Myanmar0.40.50.40.720.5%
Others6.95.15.18.46.8%
Total24.518.015.632.610.0%

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

  1. China (1052.0K units)
  2. Bangladesh (805.3K units)
  3. Vietnam (418.8K units)
  4. India (260.3K units)
  5. Indonesia (216.8K units)
  6. Spain (120.0K units)
  7. Cambodia (94.8K units)
  8. Myanmar (93.4K units)

Source: IndexBox Market Intelligence Platform

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