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

Contents:

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

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

The average import price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted stood at $12.3 per unit in October 2023, remaining relatively unchanged against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 19% month-to-month. The import price peaked at $20.0 per unit in May 2023; however, from June 2023 to October 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the Netherlands ($28.8 per unit), while the price for Lithuania ($4.8 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 Germany (+3.4%), 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 Estonia (FOB) - 2023

The average export price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted stood at $20.7 per unit in October 2023, which is down by -18.7% against the previous month. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in November 2022 when the average export price increased by 39% against the previous month. Over the period under review, the average export prices attained the maximum at $33.7 per unit in May 2023; however, from June 2023 to October 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was the Czech Republic ($39.5 per unit), while the average price for exports to Russia ($10.2 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 Finland (+4.4%), 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 Estonia

Imports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted into Estonia rose markedly to 1.4M units in 2022, surging by 10% compared with the year before. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +12.2% 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 +44.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted skyrocketed to $18M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +17.6% 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 +67.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 42%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

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

1. Poland (581.0K units)
2. Germany (323.2K units)
3. Netherlands (74.1K units)
4. Finland (73.6K units)
5. Spain (61.3K units)
6. Belgium (55.2K units)
7. Latvia (53.5K units)
8. Italy (52.6K units)
9. Sweden (47.1K units)
10. France (22.0K units)
11. China (13.6K units)
12. Bangladesh (4.6K units)

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

For the fourth year in a row, Estonia recorded growth in shipments abroad of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted, which increased by 8% to 319K units in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +12.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 29%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted rose significantly to $6.4M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 38%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. Norway (106.0K units)
2. Kazakhstan (47.4K units)
3. Latvia (41.2K units)
4. Lithuania (32.7K units)
5. Russia (30.9K units)
6. Finland (23.6K units)
7. Czech Republic (10.7K units)
8. Sweden (7.1K units)

Source: IndexBox Market Intelligence Platform