Price for Jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted in Luxembourg - 2023
Contents:
- Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Luxembourg (CIF) - 2023
- Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Luxembourg (FOB) - 2022
- Imports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Luxembourg
- Exports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Luxembourg
Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Luxembourg (CIF) - 2023
The average import price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted stood at $52.5 per unit in October 2023, picking up by 218% against the previous month. In general, the import price recorded prominent growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($234 per unit), while the price for China ($25.3 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 the United States (+7.1%), 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 Luxembourg (FOB) - 2022
In 2022, the average export price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted amounted to $36 per unit, growing by 18% against the previous year. In general, the export price showed buoyant growth. The pace of growth appeared the most rapid in 2013 when the average export price increased by 52%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in years to come.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($413 per unit), while the average price for exports to Germany ($17 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 Hong Kong SAR (+31.8%), 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 Luxembourg
Imports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted into Luxembourg expanded to 1.4M units in 2022, increasing by 2.9% against 2021. In general, imports, however, recorded a mild decline. The pace of growth appeared the most rapid in 2021 when imports increased by 26%. Over the period under review, imports of hit record highs at 1.5M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted reduced to $23M in 2022. The total import value increased at an average annual rate of +3.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 32%. As a result, imports attained the peak of $23M, leveling off in the following year.
| Import of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 3.2 | 4.3 | 5.5 | 5.5 | 19.8% |
| Germany | 1.3 | 3.2 | 4.1 | 4.6 | 52.4% |
| Netherlands | 1.1 | 2.4 | 4.0 | 3.5 | 47.1% |
| France | 1.4 | 2.4 | 2.6 | 3.0 | 28.9% |
| Spain | 1.4 | 1.3 | 1.9 | 1.5 | 2.3% |
| Portugal | 0.8 | 1.1 | 1.9 | 1.3 | 17.6% |
| Denmark | N/A | 0.3 | 0.4 | 0.5 | 29.1% |
| China | 2.4 | N/A | 0.1 | N/A | -79.6% |
| Cambodia | 2.9 | N/A | N/A | N/A | 0% |
| Bangladesh | 1.8 | N/A | N/A | N/A | 0% |
| Others | 4.3 | 2.2 | 2.4 | 2.7 | -14.4% |
| Total | 20.5 | 17.3 | 22.8 | 22.7 | 3.5% |
Top Suppliers of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted to Luxembourg in 2022:
- Belgium (502.5K units)
- Germany (233.6K units)
- France (188.1K units)
- Netherlands (186.9K units)
- Spain (155.7K units)
- Portugal (41.1K units)
- Denmark (38.1K units)
- China (1.8K units)
- Bangladesh (0.1K units)
Exports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Luxembourg
In 2022, approx. 171K units of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted were exported from Luxembourg; growing by 19% against 2021 figures. Over the period under review, exports, however, saw a drastic downturn. Over the period under review, the exports of reached the maximum at 235K 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 skyrocketed to $6.1M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +80.2% against 2020 indices. 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 Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,451 | 1,458 | 2,055 | 1,972 | 10.8% |
| Hong Kong SAR | 83.8 | 237 | 348 | 1,525 | 163.0% |
| Belgium | 585 | 1,076 | 1,170 | 1,310 | 30.8% |
| Italy | 103 | 51.1 | 80.6 | 288 | 40.9% |
| France | 142 | 80.4 | 138 | 240 | 19.1% |
| Netherlands | 47.8 | 97.9 | 86.6 | 213 | 64.6% |
| United Kingdom | 1,524 | 86.8 | 57.6 | 15.5 | -78.3% |
| Others | 453 | 291 | 407 | 524 | 5.0% |
| Total | 4,390 | 3,378 | 4,342 | 6,089 | 11.5% |
Top Export Markets for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted from Luxembourg in 2022:
- Germany (112.9K units)
- Belgium (32.2K units)
- France (7.0K units)
- Netherlands (5.2K units)
- Italy (4.5K units)
- Hong Kong SAR (3.7K units)
- United Kingdom (0.8K units)
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