Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Bangladesh - 2022

Contents:

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

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

In 2022, the average export price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted amounted to $6.5 per unit, increasing by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2014 when the average export price increased by 57% against the previous year. As a result, the export price attained the peak level of $8.4 per unit. From 2015 to 2022, the average export prices remained at a somewhat 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 Switzerland ($10 per unit), while the average price for exports to the United States ($4 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 Switzerland (+8.1%), 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 Bangladesh (CIF) - 2022

The average import price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted stood at $10 per unit in 2022, rising by 2% against the previous year. In general, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted increased by +49.2% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 46% against the previous year. The import price peaked at $11 per unit in 2017; however, from 2018 to 2022, 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 the United Arab Emirates ($19 per unit), while the price for France ($5.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+28.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted from Bangladesh totaled 718M units in 2022, growing by 9.5% against 2021 figures. The total export volume increased at an average annual rate of +10.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 32%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted soared to $4.6B in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +17.3% 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 +72.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 41% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

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

1. United States (164.7M units)
2. Germany (110.7M units)
3. Spain (61.4M units)
4. United Kingdom (47.8M units)
5. France (45.8M units)
6. Poland (41.8M units)
7. Italy (33.9M units)
8. Denmark (28.4M units)
9. Canada (23.2M units)
10. Netherlands (16.3M units)
11. Switzerland (14.0M units)
12. Sweden (13.6M units)

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

For the fourth year in a row, Bangladesh recorded growth in supplies from abroad of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted, which increased by 71% to 481K units in 2022. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 169%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted soared to $5M in 2022. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 294%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the near future.

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

1. China (215.8K units)
2. United Kingdom (207.3K units)
3. United Arab Emirates (42.5K units)
4. Spain (11.6K units)

Source: IndexBox Market Intelligence Platform