Price for Jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted in Canada - 2023

Contents:

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

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

In 2022, the average import price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted amounted to $8.7 per unit, with an increase of 15% against the previous year. Over the last decade, it increased at an average annual rate of +3.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($11 per unit), while the price for Indonesia ($5.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+9.7%), 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 Canada (FOB) - 2022

The average export price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted stood at $9 per unit in 2022, which is down by -23.8% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 26%. The export price peaked at $14 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($20 per unit), while the average price for exports to the United States ($7.6 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 the UK (+1.4%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted imported into Canada expanded rapidly to 115M units, surging by 11% against the year before. The total import volume increased at an average annual rate of +4.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 21%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted soared to $995M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.2% 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 +68.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 31%. Imports peaked in 2022 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 Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1851241662043.3%
Cambodia95.595.411317622.6%
Vietnam85.394.711615121.0%
Bangladesh97.088.111913712.2%
Pakistan15.419.627.839.136.4%
India21.820.024.532.514.2%
Indonesia23.019.829.829.58.7%
Guatemala11.211.217.620.021.3%
Honduras20.615.115.816.1-7.9%
Nicaragua7.24.84.86.3-4.4%
Others10697.814118320.0%
Total66859177699514.2%

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

  1. Bangladesh (23.3M units)
  2. Cambodia (21.6M units)
  3. China (19.3M units)
  4. Vietnam (16.1M units)
  5. Pakistan (6.1M units)
  6. Indonesia (5.4M units)
  7. India (4.8M units)
  8. Guatemala (2.3M units)
  9. Honduras (2.2M units)
  10. Nicaragua (1.5M units)

Exports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Canada

In 2022, approx. 8.6M units of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted were exported from Canada; with an increase of 15% on 2021 figures. Overall, exports recorded buoyant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 72%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted shrank to $77M in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +9.1% 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 +59.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 83%. As a result, the exports reached the peak of $88M, and then reduced in the following year.

Export of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States45.333.871.357.18.0%
Japan5.05.15.34.8-1.4%
China0.51.21.83.998.3%
Netherlands0.61.93.13.681.7%
United Kingdom3.52.41.11.3-28.1%
Others4.23.85.36.113.2%
Total59.248.187.976.79.0%

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

  1. United States (7.5M units)
  2. Japan (0.3M units)
  3. Netherlands (0.2M units)
  4. China (0.2M units)
  5. United Kingdom (0.1M units)

Source: IndexBox Market Intelligence Platform

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