Price for Jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted in the United Kingdom - 2023
Contents:
- Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in the UK (CIF) - 2023
- Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in the UK (FOB) - 2022
- Imports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in the UK
- Exports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in the UK
Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in the UK (CIF) - 2023
In November 2023, the average import price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted amounted to $9.6 per unit, increasing by 12% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 18% month-to-month. Over the period under review, average import prices attained the maximum at $11.7 per unit in March 2023; however, from April 2023 to November 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Vietnam ($12.2 per unit), while the price for Pakistan ($6.7 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Myanmar (+5.6%), 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 the UK (FOB) - 2022
In 2022, the average export price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted amounted to $25 per unit, picking up by 6.5% against the previous year. In general, the export price enjoyed buoyant growth. The growth pace was the most rapid in 2021 an increase of 35%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
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 South Korea ($83 per unit), while the average price for exports to Bangladesh ($9.3 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 Italy (+14.9%), 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 the UK
In 2022, approx. 155M units of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted were imported into the UK; surging by 3.8% on the year before. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, imports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted expanded markedly to $1.5B in 2022. The total import value increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, imports attained 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 UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 191 | 170 | 201 | 314 | 18.0% |
| China | 172 | 142 | 170 | 260 | 14.8% |
| Turkey | 93.4 | 125 | 151 | 203 | 29.5% |
| Pakistan | 90.1 | 86.4 | 135 | 154 | 19.6% |
| Cambodia | 78.0 | 60.5 | 67.2 | 118 | 14.8% |
| Italy | 132 | 121 | 134 | 54.1 | -25.7% |
| India | 40.6 | 31.9 | 41.8 | 51.3 | 8.1% |
| Vietnam | 32.2 | 24.4 | 17.8 | 48.8 | 14.9% |
| Myanmar | 15.4 | 23.7 | 36.1 | 21.6 | 11.9% |
| Germany | 110 | 70.7 | 72.3 | 2.3 | -72.5% |
| Netherlands | 119 | 134 | 42.3 | 2.2 | -73.6% |
| Spain | 33.0 | 33.9 | 38.9 | 1.1 | -67.8% |
| Others | 220 | 196 | 220 | 223 | 0.5% |
| Total | 1,327 | 1,220 | 1,327 | 1,455 | 3.1% |
Top Suppliers of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted to the UK in 2022:
- Bangladesh (48.1M units)
- China (23.4M units)
- Pakistan (22.8M units)
- Turkey (16.3M units)
- Cambodia (13.1M units)
- India (5.6M units)
- Myanmar (4.0M units)
- Vietnam (3.5M units)
- Italy (1.3M units)
- Netherlands (0.1M units)
- Germany (0.1M units)
- Spain (0.1M units)
Exports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in the UK
In 2022, exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted from the UK contracted notably to 9.8M units, dropping by -25.6% on 2021. Over the period under review, exports showed a precipitous decrease. The smallest decline of -11.2% was in 2020. Over the period under review, the exports of hit record highs at 30M 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 dropped significantly to $245M in 2022. In general, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 when exports increased by 6.9%. As a result, the exports reached the peak of $469M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 5.4 | 6.1 | 48.5 | 55.6 | 117.6% |
| Netherlands | 24.3 | 26.9 | 32.6 | 32.3 | 10.0% |
| Germany | 128 | 120 | 51.7 | 23.5 | -43.2% |
| Ireland | 55.1 | 73.5 | 30.2 | 20.6 | -28.0% |
| Italy | 26.6 | 22.2 | 15.7 | 14.3 | -18.7% |
| France | 48.3 | 41.5 | 17.2 | 14.0 | -33.8% |
| United States | 9.1 | 8.5 | 14.3 | 11.9 | 9.4% |
| Belgium | 11.1 | 13.9 | 12.5 | 10.2 | -2.8% |
| Spain | 24.4 | 19.9 | 11.0 | 6.5 | -35.7% |
| Bangladesh | N/A | N/A | N/A | 4.0 | 0% |
| Poland | 8.4 | 10.0 | 4.0 | 3.4 | -26.0% |
| Turkey | 2.4 | 2.2 | 1.1 | 2.1 | -4.4% |
| United Arab Emirates | 0.2 | 0.2 | 0.3 | 2.1 | 119.0% |
| Others | 95.6 | 124 | 70.4 | 44.9 | -22.3% |
| Total | 439 | 469 | 310 | 245 | -17.7% |
Top Export Markets for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted from the UK in 2022:
- Netherlands (1621.3K units)
- Ireland (1238.4K units)
- Germany (1162.1K units)
- Belgium (837.0K units)
- South Korea (669.5K units)
- France (645.1K units)
- Bangladesh (430.0K units)
- Spain (364.4K units)
- United States (357.0K units)
- Italy (352.0K units)
- Poland (224.7K units)
- United Arab Emirates (165.7K units)
- Turkey (143.7K units)
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