Price for Jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted in Turkey - 2023
Contents:
- Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Turkey (FOB) - 2023
- Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Turkey (CIF) - 2023
- Exports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Turkey
- Imports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Turkey
Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Turkey (FOB) - 2023
The average export price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted stood at $9.3 per unit in December 2023, with an increase of 16% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 19% against the previous month. As a result, the export price reached the peak level of $11.8 per unit. From May 2023 to December 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In December 2023, the country with the highest price was Italy ($16.8 per unit), while the average price for exports to Libya ($2.4 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Turkey (CIF) - 2023
In December 2023, the average import price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted amounted to $9.3 per unit, rising by 12% against the previous month. Overall, the import price, however, continues to indicate a mild reduction. The pace of growth was the most pronounced in November 2023 when the average import price increased by 16% month-to-month. The import price peaked at $15.2 per unit in April 2023; however, from May 2023 to December 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Portugal ($24.5 per unit), while the price for Moldova ($2.8 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 Bulgaria (+4.1%), 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 Turkey
In 2022, shipments abroad of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted decreased by -4.6% to 210M units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +8.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. As a result, the exports attained the peak of 220M units, and then reduced modestly in the following year.
In value terms, exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted amounted to $1.6B in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.4% 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 +49.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 237 | 260 | 361 | 390 | 18.1% |
| Netherlands | 82.1 | 92.0 | 150 | 175 | 28.7% |
| United Kingdom | 107 | 140 | 167 | 152 | 12.4% |
| Spain | 124 | 135 | 189 | 147 | 5.8% |
| Italy | 59.0 | 55.2 | 78.8 | 89.3 | 14.8% |
| France | 41.7 | 39.5 | 70.4 | 85.0 | 26.8% |
| Belgium | 32.7 | 34.9 | 62.5 | 61.4 | 23.4% |
| Ukraine | 16.3 | 14.7 | 23.3 | 34.8 | 28.8% |
| Kazakhstan | 14.8 | 20.8 | 29.0 | 24.6 | 18.5% |
| Iraq | 24.1 | 19.9 | 19.1 | 15.8 | -13.1% |
| Kyrgyzstan | 11.3 | 6.5 | 11.4 | 14.3 | 8.2% |
| Libya | 13.7 | 8.7 | 10.3 | 12.2 | -3.8% |
| Algeria | 8.4 | 6.2 | 8.7 | 5.7 | -12.1% |
| Others | 296 | 289 | 418 | 391 | 9.7% |
| Total | 1,067 | 1,123 | 1,597 | 1,598 | 14.4% |
Top Export Markets for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted from Turkey in 2022:
- Germany (31.7M units)
- Spain (19.3M units)
- Ukraine (17.5M units)
- Netherlands (15.1M units)
- United Kingdom (13.9M units)
- Kazakhstan (10.7M units)
- Kyrgyzstan (8.3M units)
- France (7.0M units)
- Iraq (6.4M units)
- Libya (5.8M units)
- Belgium (5.7M units)
- Italy (5.5M units)
- Algeria (4.8M units)
Imports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Turkey
For the fourth consecutive year, Turkey recorded growth in purchases abroad of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted, which increased by 86% to 20M units in 2022. Overall, imports continue to indicate a significant expansion. 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 soared to $154M in 2022. Over the period under review, imports enjoyed a significant expansion. 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 Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 16.3 | 15.5 | 16.9 | 45.5 | 40.8% |
| China | 11.3 | 9.7 | 9.3 | 15.6 | 11.3% |
| Cambodia | 4.3 | 4.0 | 3.8 | 10.2 | 33.4% |
| Spain | 5.0 | 4.8 | 8.1 | 8.7 | 20.3% |
| Pakistan | 4.0 | 3.3 | 4.0 | 8.0 | 26.0% |
| Vietnam | 2.2 | 3.0 | 4.0 | 6.0 | 39.7% |
| Moldova | 0.9 | 1.9 | 4.9 | 4.7 | 73.5% |
| Egypt | 0.8 | 1.1 | 0.9 | 3.7 | 66.6% |
| Indonesia | 1.0 | 1.3 | 1.5 | 3.6 | 53.3% |
| Myanmar | 0.4 | 0.5 | 0.3 | 3.3 | 102.1% |
| Georgia | 1.6 | 0.8 | 2.3 | 3.2 | 26.0% |
| Morocco | 1.1 | 1.3 | 2.3 | 2.9 | 38.1% |
| Uzbekistan | 0.1 | 0.3 | N/A | 2.6 | 196.2% |
| Others | 21.7 | 18.2 | 29.1 | 36.5 | 18.9% |
| Total | 70.8 | 65.6 | 87.4 | 154 | 29.6% |
Top Suppliers of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted to Turkey in 2022:
- Bangladesh (8.9M units)
- Moldova (1.8M units)
- China (1.3M units)
- Pakistan (0.9M units)
- Cambodia (0.9M units)
- Spain (0.9M units)
- Egypt (0.6M units)
- Indonesia (0.6M units)
- Georgia (0.5M units)
- Myanmar (0.5M units)
- Uzbekistan (0.5M units)
- Morocco (0.4M units)
- Vietnam (0.4M units)
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