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

Contents:

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

Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Ethiopia (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, dropping by -5.1% against the previous year. In general, the export price, however, recorded a pronounced expansion. The growth pace was the most rapid in 2016 when the average export price increased by 139%. The export price peaked at $14 per unit in 2021, and then shrank in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($13 per unit) and Malaysia ($13 per unit), while the average price for exports to Germany ($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 Malaysia (+23.6%), 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 Ethiopia (CIF) - 2022

In 2022, the average import price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted amounted to $14 per unit, rising by 14% against the previous year. Overall, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Cambodia ($14 per unit) and Turkey ($14 per unit), while the price for Bangladesh ($14 per unit) and Indonesia ($14 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+6.8%), 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 Ethiopia

In 2022, shipments abroad of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted increased by 159% to 286K units for the first time since 2019, thus ending a two-year declining trend. In general, exports showed a buoyant expansion. As a result, the exports reached the peak 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 skyrocketed to $3.8M in 2022. Overall, exports continue to indicate a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2,4282,3531,0963,33111.1%
Canada13016469.125925.8%
Malaysia6.335.76.0139180.5%
Others36332937269.9-42.3%
Total2,9272,8821,5443,7999.1%

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

  1. United States (250.8K units)
  2. Canada (19.5K units)
  3. Malaysia (10.5K units)

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

After three years of growth, supplies from abroad of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted decreased by -85.9% to 6.2K units in 2022. Over the period under review, imports faced a significant decline. The most prominent rate of growth was recorded in 2020 with an increase of 150%. Over the period under review, imports of hit record highs at 44K units in 2021, and then shrank remarkably in the following year.

In value terms, imports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted declined remarkably to $85K in 2022. In general, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 178% against the previous year. Over the period under review, imports of hit record highs at $533K in 2021, and then contracted notably in the following year.

Import of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia0.8N/AN/A33.7247.9%
China66.229842126.2-26.6%
Turkey14.71.90.716.53.9%
Cambodia0.216.40.35.2196.2%
BangladeshN/AN/AN/A3.00%
Vietnam8.8N/A34.5N/A98.0%
United States15.3N/A50.5N/A81.7%
United Arab Emirates18.516.221.7N/A8.3%
Others1.618.04.00.8-20.6%
Total12635153385.4-12.2%

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

  1. Indonesia (2.4K units)
  2. China (1.9K units)
  3. Turkey (1.2K units)
  4. Cambodia (0.4K units)
  5. Bangladesh (0.2K units)

Source: IndexBox Market Intelligence Platform

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