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

Contents:

  1. Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Mexico (CIF) - 2023
  2. Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Mexico (FOB) - 2023
  3. Imports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Mexico
  4. Exports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Mexico

Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Mexico (CIF) - 2023

In October 2023, the average import price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted amounted to $7.5 per unit, waning by -1.5% against the previous month. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when the average import price increased by 13% against the previous month. The import price peaked at $9.4 per unit in March 2023; however, from April 2023 to October 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Vietnam ($12.1 per unit), while the price for Pakistan ($5.5 per unit) was amongst the lowest.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the United States (+8.3%), 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 Mexico (FOB) - 2023

The average export price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted stood at $8.6 per unit in October 2023, surging by 8% against the previous month. Over the period from November 2022 to October 2023, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in February 2023 an increase of 21% against the previous month. Over the period under review, the average export prices attained the maximum at $9.3 per unit in July 2023; however, from August 2023 to October 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($8.6 per unit), while the average price for exports to El Salvador totaled $1.4 per unit.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.4%).

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

In 2022, imports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted into Mexico soared to 32M units, picking up by 19% compared with 2021. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 101% against the previous year. Imports peaked in 2022 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 skyrocketed to $257M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +16.4% 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 +96.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 49%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China45.530.449.571.216.1%
Bangladesh22.715.626.532.112.2%
Pakistan13.512.619.128.328.0%
Vietnam16.811.813.721.17.9%
Cambodia9.37.211.919.327.6%
India11.67.310.014.68.0%
Turkey8.78.412.911.911.0%
Honduras11.313.215.911.71.2%
Indonesia5.54.15.79.218.7%
El Salvador1.32.95.18.385.5%
Portugal4.43.44.84.93.7%
Nicaragua0.43.56.73.2100.0%
United States1.31.72.12.524.4%
Others11.09.111.818.819.6%
Total16313119625716.4%

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

  1. China (8.1M units)
  2. Bangladesh (5.3M units)
  3. Pakistan (4.3M units)
  4. Honduras (2.6M units)
  5. India (2.0M units)
  6. Vietnam (1.8M units)
  7. Cambodia (1.6M units)
  8. Indonesia (1.3M units)
  9. Turkey (1.1M units)
  10. El Salvador (1.0M units)
  11. United States (1.0M units)
  12. Nicaragua (0.6M units)
  13. Portugal (0.3M units)

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

In 2022, exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted from Mexico skyrocketed to 19M units, with an increase of 19% compared with 2021. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 198%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted surged to $154M in 2022. Overall, exports saw significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 57%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

Export of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States77.867.510815225.0%
Others1.71.70.82.05.6%
Total79.569.110915424.7%

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

  1. United States (18.8M units)

Source: IndexBox Market Intelligence Platform

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