Price for Jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted in Australia - 2023
Contents:
- Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Australia (CIF) - 2023
- Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Australia (FOB) - 2023
- Imports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Australia
- Exports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Australia
Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Australia (CIF) - 2023
The average import price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted stood at $9.6 per unit in December 2023, reducing by -10.4% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 11% m-o-m. The import price peaked at $11.2 per unit in August 2023; however, from September 2023 to December 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Turkey ($23.1 per unit), while the price for Bangladesh ($6.7 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Turkey (+2.7%), 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 Australia (FOB) - 2023
In December 2023, the average export price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted amounted to $14.2 per unit, with an increase of 99% against the previous month. Overall, the export price, however, recorded a pronounced decrease. The pace of growth appeared the most rapid in October 2023 when the average export price increased by 252% month-to-month. As a result, the export price reached the peak level of $63.7 per unit. From November 2023 to December 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($51.2 per unit), while the average price for exports to Venezuela ($5.0 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.6%), while the prices for the other major destinations experienced a decline.
Imports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Australia
In 2022, purchases abroad of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted decreased by -1.6% to 47M units for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +12.5% 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 +42.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. As a result, imports reached the peak of 48M units, and then fell slightly in the following year.
In value terms, imports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted expanded significantly to $451M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +18.4% 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 +66.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 50%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Import of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 169 | 181 | 278 | 283 | 18.7% |
| Bangladesh | 39.4 | 34.4 | 44.1 | 51.7 | 9.5% |
| Vietnam | 10.8 | 12.4 | 16.7 | 18.3 | 19.2% |
| India | 5.5 | 6.2 | 11.0 | 15.4 | 40.9% |
| Cambodia | 6.9 | 7.8 | 10.9 | 14.6 | 28.4% |
| Turkey | 6.4 | 6.4 | 13.3 | 14.4 | 31.0% |
| Pakistan | 3.5 | 4.0 | 8.7 | 9.7 | 40.5% |
| Others | 30.5 | 30.5 | 41.9 | 44.1 | 13.1% |
| Total | 272 | 283 | 425 | 451 | 18.4% |
Top Suppliers of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted to Australia in 2022:
- China (30.2M units)
- Bangladesh (8.4M units)
- India (1.8M units)
- Vietnam (1.6M units)
- Cambodia (1.2M units)
- Pakistan (1.0M units)
- Turkey (0.8M units)
Exports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Australia
In 2022, the amount of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted exported from Australia soared to 391K units, surging by 47% against 2021. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 54%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted surged to $9M in 2022. In general, exports recorded a significant expansion. As a result, the exports reached 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 Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 2,166 | 1,850 | 2,552 | 5,129 | 33.3% |
| Singapore | 256 | 276 | 520 | 516 | 26.3% |
| United States | 168 | 200 | 636 | 468 | 40.7% |
| Netherlands | 7.2 | 67.4 | 36.8 | 299 | 246.3% |
| Thailand | 5.2 | 52.4 | 53.1 | 285 | 279.9% |
| China | 26.4 | 63.3 | 106 | 162 | 83.1% |
| Chile | N/A | N/A | 4.2 | 151 | 3495.2% |
| Peru | N/A | N/A | N/A | 133 | 0% |
| Venezuela | N/A | N/A | N/A | 127 | 0% |
| United Kingdom | 72.8 | 2,328 | 172 | 116 | 16.8% |
| Others | 525 | 411 | 864 | 1,581 | 44.4% |
| Total | 3,227 | 5,247 | 4,944 | 8,966 | 40.6% |
Top Export Markets for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted from Australia in 2022:
- New Zealand (247.8K units)
- Peru (25.9K units)
- Venezuela (22.4K units)
- Thailand (16.4K units)
- United States (16.0K units)
- Singapore (9.2K units)
- China (8.2K units)
- Netherlands (8.1K units)
- United Kingdom (6.2K units)
- Chile (6.1K units)
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This report provides an in-depth analysis of the jersey market in Australia.
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