Price for Jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted in Nigeria - 2022

Contents:

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

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

The average import price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted stood at $14 per unit in 2022, rising by 18% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Turkey ($14 per unit) and the UK ($14 per unit), while the price for Spain ($14 per unit) and Pakistan ($14 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+20.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, purchases abroad of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted was finally on the rise to reach 4.4K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a deep downturn. Imports peaked at 5.5K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted skyrocketed to $62K in 2022. The total import value increased at an average annual rate of +4.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.66.710.616.986.6%
China9.10.82.310.75.5%
Italy4.63.02.65.88.0%
Portugal0.4N/A0.34.5124.1%
Vietnam0.4N/A1.93.2100.0%
United Kingdom11.118.43.92.7-37.6%
Hong Kong SAR0.30.40.12.191.3%
South Africa2.6N/A2.02.0-8.4%
PakistanN/AN/AN/A1.60%
Netherlands0.40.40.51.451.8%
Spain0.80.40.21.420.5%
Turkey0.1N/A7.51.2128.9%
MoroccoN/AN/AN/A1.20%
Others21.416.812.47.0-31.1%
Total53.747.044.361.64.7%

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

  1. United States (1223.0 units)
  2. China (771.0 units)
  3. Italy (418.0 units)
  4. Portugal (324.0 units)
  5. Vietnam (234.0 units)
  6. United Kingdom (193.0 units)
  7. Hong Kong SAR (151.0 units)
  8. South Africa (145.0 units)
  9. Pakistan (113.0 units)
  10. Netherlands (100.0 units)
  11. Spain (98.0 units)
  12. Morocco (87.0 units)
  13. Turkey (86.0 units)

Source: IndexBox Market Intelligence Platform

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