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

Contents:

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

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

In 2022, the average export price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted amounted to $13 per unit, falling by -5.2% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 16%. As a result, the export price attained the peak level of $16 per unit. From 2021 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Japan ($13 per unit) and China ($13 per unit), while the average price for exports to the UK ($13 per unit) and Canada ($13 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+0.2%), 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 Vietnam (CIF) - 2022

In 2022, the average import price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted amounted to $13 per unit, with an increase of 9.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. The pace of growth appeared the most rapid in 2020 an increase of 24%. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($14 per unit), while the price for Myanmar ($4.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+3.5%), 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 Vietnam

Exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted from Vietnam surged to 174M units in 2022, growing by 15% against 2021. The total export volume increased at an average annual rate of +6.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 30%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted rose sharply to $2.3B in 2022. The total export value increased at an average annual rate of +6.3% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 16% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.

Export of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,1601,1461,3931,4597.9%
Japan2892032313243.9%
Canada53.866.082.398.722.4%
South Korea68.167.672.786.48.3%
Netherlands26.227.439.253.526.9%
China11098.461.948.0-24.2%
Others2162062322403.6%
Total1,9221,8142,1112,3096.3%

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

  1. United States (109.8M units)
  2. Japan (24.4M units)
  3. Canada (7.4M units)
  4. South Korea (6.5M units)
  5. Netherlands (4.0M units)
  6. China (3.6M units)

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

In 2022, imports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted into Vietnam amounted to 1M units, picking up by 4.9% on the previous year. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports of hit record highs at 1M units in 2019; afterwards, it flattened through to 2022.

In value terms, imports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted expanded sharply to $13M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.3% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 16% 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 Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.96.37.37.122.1%
Bangladesh0.90.70.81.621.1%
Italy1.21.11.01.32.7%
Turkey0.50.50.60.921.6%
Indonesia0.30.20.30.410.1%
Cambodia0.40.20.30.40.0%
Portugal0.50.30.30.3-15.7%
Morocco0.10.10.20.344.2%
Pakistan0.20.10.10.20.0%
MyanmarN/AN/AN/A0.20%
Others0.60.30.50.5-5.9%
Total8.610.111.613.315.6%

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

  1. China (514.6K units)
  2. Bangladesh (116.3K units)
  3. Italy (94.8K units)
  4. Turkey (65.1K units)
  5. Myanmar (57.6K units)
  6. Indonesia (30.7K units)
  7. Cambodia (27.8K units)
  8. Portugal (24.2K units)
  9. Morocco (20.0K units)
  10. Pakistan (14.9K units)

Source: IndexBox Market Intelligence Platform

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