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

Contents:

  1. Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in New Zealand (CIF) - 2023
  2. Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in New Zealand (FOB) - 2022
  3. Imports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in New Zealand
  4. Exports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in New Zealand

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

In December 2023, the average import price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted amounted to $9.5 per unit, surging by 4.2% against the previous month. Overall, the import price, however, recorded a slight slump. The growth pace was the most rapid in June 2023 an increase of 15% month-to-month. As a result, import price attained the peak level of $11.7 per unit. From July 2023 to December 2023, the average 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 ($22.6 per unit), while the price for Bangladesh ($6.4 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 Pakistan (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted amounted to $24 per unit, falling by -21.6% against the previous year. Over the period under review, the export price, however, continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2013 an increase of 79%. Over the period under review, the average export prices attained the maximum at $39 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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 Australia ($21 per unit), while the average price for exports to the UK ($7.5 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 Australia (+7.0%), 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 New Zealand

After three years of growth, purchases abroad of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted decreased by -1.2% to 6.5M units in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +14.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 43%. As a result, imports attained the peak of 6.6M units, and then contracted in the following year.

In value terms, imports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted stood at $68M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +19.9% 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 +72.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 57% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in New Zealand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China28.027.745.141.113.6%
Bangladesh2.93.85.88.945.3%
Pakistan1.11.22.63.445.7%
India0.71.11.92.348.7%
Cambodia1.21.41.52.018.6%
Vietnam1.11.41.81.920.0%
Others4.76.28.78.722.8%
Total39.742.867.468.319.8%

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

  1. China (3876.7K units)
  2. Bangladesh (1418.4K units)
  3. Pakistan (346.6K units)
  4. India (207.4K units)
  5. Cambodia (162.7K units)
  6. Vietnam (129.8K units)

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

In 2022, exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted from New Zealand reduced remarkably to 146K units, declining by -77.9% on the previous year. Overall, exports continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 92% against the previous year. As a result, the exports reached the peak of 660K units, and then declined rapidly in the following year.

In value terms, exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted shrank rapidly to $3.4M in 2022. Over the period under review, exports showed a dramatic descent. The pace of growth appeared the most rapid in 2021 with an increase of 47%. As a result, the exports attained the peak of $20M, and then declined dramatically in the following year.

Export of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in New Zealand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia15.513.119.22.7-44.2%
United KingdomN/AN/A0.1N/A0%
United StatesN/A0.10.1N/A0.0%
Others0.20.30.60.751.8%
Total15.713.519.93.4-39.9%

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

  1. Australia (126.2K units)
  2. United Kingdom (6.5K units)
  3. United States (4.0K units)

Source: IndexBox Market Intelligence Platform

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