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

Contents:

  1. Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Belgium (FOB) - 2023
  2. Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Belgium (CIF) - 2023
  3. Exports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Belgium
  4. Imports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Belgium

Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Belgium (FOB) - 2023

The average export price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted stood at $19.4 per unit in October 2023, increasing by 7.4% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +2.5%. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 37% against the previous month. The export price peaked at $21.3 per unit in February 2023; however, from March 2023 to October 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($31.6 per unit), while the average price for exports to Ukraine ($8.3 per unit) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+5.8%), 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 Belgium (CIF) - 2023

The average import price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted stood at $9.9 per unit in October 2023, falling by -8.6% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 an increase of 11% m-o-m. As a result, import price attained the peak level of $12.3 per unit. From February 2023 to October 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($14.9 per unit), while the price for Myanmar ($5.5 per unit) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by India (+2.8%), 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 Belgium

For the fourth consecutive year, Belgium recorded growth in overseas shipments of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted, which increased by 20% to 65M units in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 492% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted skyrocketed to $1.1B in 2022. Overall, exports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 776% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany22.4177272281132.4%
France16.5137196241144.4%
Italy3.955.385.7111205.3%
Netherlands10.453.885.097.5110.9%
Spain4.243.460.582.2169.5%
Poland2.026.944.556.3204.2%
Hungary0.28.513.726.1407.2%
United Kingdom5.086.038.122.865.8%
Austria1.810.215.922.2131.0%
Bulgaria0.23.16.08.2244.8%
Others11.987.2143163139.3%
Total78.56889601,111141.9%

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

  1. France (16.0M units)
  2. Germany (15.9M units)
  3. Italy (6.6M units)
  4. Spain (5.2M units)
  5. Netherlands (4.6M units)
  6. Hungary (3.2M units)
  7. Poland (2.8M units)
  8. United Kingdom (1.2M units)
  9. Austria (1.2M units)
  10. Bulgaria (1.1M units)

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

For the fourth year in a row, Belgium recorded growth in overseas purchases of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted, which increased by 15% to 88M units in 2022. In general, imports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 120%. 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 surged to $896M in 2022. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 139%. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bangladesh35.461.911615864.6%
China16.356.286.410485.5%
Cambodia2.655.856.596.9234.0%
Germany38.188.511193.735.0%
Pakistan16.933.566.690.174.7%
Turkey5.241.868.466.7134.1%
Netherlands28.836.044.751.921.7%
France27.030.138.539.913.9%
India2.213.016.024.3122.7%
Vietnam0.517.822.823.2259.3%
Sri Lanka2.45.94.818.497.2%
Spain12.112.917.815.38.1%
Indonesia0.86.15.67.7112.7%
Others40.486.810310537.5%
Total22954675989657.6%

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

  1. Bangladesh (22.3M units)
  2. Pakistan (11.7M units)
  3. Cambodia (9.3M units)
  4. China (8.6M units)
  5. Germany (7.0M units)
  6. Turkey (5.2M units)
  7. France (3.4M units)
  8. Netherlands (3.1M units)
  9. India (2.9M units)
  10. Vietnam (1.9M units)
  11. Sri Lanka (1.8M units)
  12. Spain (1.8M units)
  13. Indonesia (1.5M units)

Source: IndexBox Market Intelligence Platform

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