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

Contents:

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

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

In 2022, the average import price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted amounted to $9.8 per unit, jumping by 18% against the previous year. In general, the import price recorded a buoyant expansion. The growth pace was the most rapid in 2020 when the average import price increased by 21%. The import price peaked in 2022 and is expected to retain growth in years to come.

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 China ($11 per unit), while the price for Indonesia ($3.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+11.4%), while the prices for the other major suppliers experienced a decline.

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

In September 2022, the average export price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted amounted to $6.2 per unit, declining by -55.8% against the previous month. Overall, the export price showed a noticeable reduction. The most prominent rate of growth was recorded in May 2022 an increase of 93% month-to-month. As a result, the export price attained the peak level of $17.3 per unit. From June 2022 to September 2022, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the United Arab Emirates ($18.2 per unit), while the average price for exports to the United States ($2.0 per unit) was amongst the lowest.

From September 2021 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+5.8%), 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 Singapore

In 2022, approx. 10M units of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted were imported into Singapore; shrinking by -10% against 2021 figures. In general, imports showed a abrupt descent. The pace of growth appeared the most rapid in 2021 when imports increased by 11%. Imports peaked at 19M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted rose sharply to $102M in 2022. Overall, imports continue to indicate a noticeable decrease. The pace of growth appeared the most rapid in 2021 with an increase of 33%. Imports peaked at $108M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam6.87.812.515.631.9%
Indonesia23.49.614.214.2-15.3%
China10.55.97.49.6-2.9%
Malaysia34.020.118.46.2-43.3%
Bangladesh5.04.14.75.21.3%
Cambodia1.91.86.25.038.1%
Pakistan2.61.43.41.7-13.2%
Others23.921.228.844.022.6%
Total10872.095.7102-1.9%

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

  1. Indonesia (4.1M units)
  2. Vietnam (2.4M units)
  3. China (0.9M units)
  4. Bangladesh (0.7M units)
  5. Malaysia (0.7M units)
  6. Cambodia (0.6M units)
  7. Pakistan (0.2M units)

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

Exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted from Singapore dropped to 9.2M units in 2022, falling by -12.6% compared with 2021. In general, exports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 18% against the previous year. The exports peaked at 17M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted declined to $81M in 2022. Overall, exports showed a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 27%. The exports peaked at $103M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/AN/A14.50%
Japan12.516.715.614.55.1%
United States51.619.733.014.0-35.3%
Malaysia2.42.22.54.018.6%
Israel2.22.32.03.820.0%
Hong Kong SAR1.61.81.72.312.9%
Indonesia2.82.52.72.2-7.7%
Canada3.72.42.11.9-19.9%
South Korea0.81.00.51.420.5%
Colombia0.30.10.61.154.2%
Netherlands2.32.63.30.9-26.9%
United Kingdom6.21.31.00.5-56.8%
Germany1.61.41.40.3-42.8%
Others14.615.722.319.910.9%
Total10369.788.781.3-7.6%

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

  1. United States (3830.4K units)
  2. United Arab Emirates (1989.9K units)
  3. Israel (526.0K units)
  4. Indonesia (445.9K units)
  5. Malaysia (295.4K units)
  6. Canada (233.8K units)
  7. South Korea (182.5K units)
  8. Hong Kong SAR (160.3K units)
  9. Colombia (144.0K units)
  10. Japan (126.1K units)
  11. Netherlands (90.5K units)
  12. Germany (66.8K units)
  13. United Kingdom (55.9K units)

Source: IndexBox Market Intelligence Platform

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