Price for Jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted in the Philippines - 2023
Contents:
- Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in the Philippines (FOB) - 2023
- Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in the Philippines (CIF) - 2022
- Exports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in the Philippines
- Imports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in the Philippines
Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in the Philippines (FOB) - 2023
The average export price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted stood at $9.2 per unit in September 2023, falling by -37.8% against the previous month. Overall, the export price continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in April 2023 an increase of 98% m-o-m. As a result, the export price attained the peak level of $20.5 per unit. From May 2023 to September 2023, the the average export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In September 2023, the country with the highest price was the Netherlands ($9.2 per unit), while the average price for exports to the United States ($9.0 per unit) was amongst the lowest.
From November 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+1.3%), while the prices for the other major destinations experienced a decline.
Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in the Philippines (CIF) - 2022
The average import price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted stood at $13 per unit in 2022, dropping by -21.2% against the previous year. Overall, the import price, however, posted a tangible expansion. The most prominent rate of growth was recorded in 2019 an increase of 59%. Over the period under review, average import prices reached the maximum at $18 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($17 per unit), while the price for Indonesia ($9.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (+25.8%), 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 the Philippines
In 2022, overseas shipments of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted decreased by -18.4% to 1.8M units, falling for the second consecutive year after two years of growth. In general, exports recorded a noticeable slump. The growth pace was the most rapid in 2020 with an increase of 60%. As a result, the exports reached the peak of 3.1M units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted soared to $23M in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +23.9% 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 +90.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 53%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.
| Export of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 10.2 | 17.6 | 18.0 | 20.5 | 26.2% |
| Italy | 0.3 | 0.1 | 0.1 | 1.3 | 63.0% |
| Others | 1.8 | 1.1 | 1.1 | 1.6 | -3.9% |
| Total | 12.3 | 18.8 | 19.2 | 23.4 | 23.9% |
Top Export Markets for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted from the Philippines in 2022:
- United States (1626.8K units)
- Italy (67.9K units)
Imports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in the Philippines
In 2022, supplies from abroad of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted increased by 209% to 1.4M units for the first time since 2019, thus ending a two-year declining trend. Overall, imports enjoyed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted skyrocketed to $17M in 2022. Over the period under review, imports showed a prominent increase. 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 the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.9 | 3.9 | 2.2 | 6.4 | 18.0% |
| Bangladesh | 1.9 | 0.8 | 1.4 | 3.1 | 17.7% |
| Vietnam | 4.5 | 1.8 | 0.9 | 2.9 | -13.6% |
| Turkey | 0.2 | 0.3 | 0.6 | 1.4 | 91.3% |
| Indonesia | 1.2 | 0.8 | 0.5 | 0.8 | -12.6% |
| Cambodia | 0.8 | 0.7 | 0.4 | 0.6 | -9.1% |
| Myanmar | 0.1 | 0.2 | 0.1 | 0.5 | 71.0% |
| Malaysia | 0.4 | 0.2 | N/A | N/A | -50.0% |
| Others | 1.3 | 0.7 | 1.0 | 1.7 | 9.4% |
| Total | 14.3 | 9.4 | 7.2 | 17.4 | 6.8% |
Top Suppliers of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted to the Philippines in 2022:
- China (445.6K units)
- Bangladesh (300.9K units)
- Vietnam (276.3K units)
- Turkey (82.3K units)
- Indonesia (78.5K units)
- Cambodia (56.9K units)
- Myanmar (48.0K units)
- Malaysia (1.9K units)
410
This report provides an in-depth analysis of the jersey market in the Philippines.
1575
This report provides an in-depth analysis of the global jersey market.
410
This report provides an in-depth analysis of the jersey market in the Philippines.
1575
This report provides an in-depth analysis of the global jersey market.
47
Explore the world's best import markets for Jersey fabric in 2023. Learn about the top countries importing this versatile material and their import values.
926
In 2016, the amount of jersey imported worldwide stood at X tons, approximately mirroring the previous year figure. Overall, jersey imports continue to indicate a relatively flat trend pattern. T...
827
In 2016, the amount of jersey imported worldwide stood at X tons, approximately mirroring the previous year figure. Overall, jersey imports continue to indicate a relatively flat trend pattern. T...
47
Explore the world's best import markets for Jersey fabric in 2023. Learn about the top countries importing this versatile material and their import values.
926
In 2016, the amount of jersey imported worldwide stood at X tons, approximately mirroring the previous year figure. Overall, jersey imports continue to indicate a relatively flat trend pattern. T...
827
In 2016, the amount of jersey imported worldwide stood at X tons, approximately mirroring the previous year figure. Overall, jersey imports continue to indicate a relatively flat trend pattern. T...
