7 December 2012
Unit prices began sliding for all origins and a large number of cotton apparel categories in third quarter this year, with Indian prices most falling, however from higher price levels. This radical change in unit price trends is reflected by our series of statistical tables offering a comprehensive comparison of unit values per origin and category, with world average and China comparisons.
The fall in cotton prices eventually resulted in lower unit values for US apparel imports in third quarter, if compared with the same period a year earlier.
Unit prices retreated in all cotton apparel categories with a double-digit decline being observed in certain categories.
Prices fell the most in India where they had reached very high levels.
Average unit price of Indian cotton apparel slided by 17.5% in third quarter from same period in 2011, with a decrease of 15.31% in 338 (cotton knit shirts for men and boys) and prices being down 30% in cotton woven shirt category for men and boys (340).
Prices also fell from China, although less significantly, since from lower levels, initially.
Unit prices of Chinese cotton knit shirts typically dropped more than 10% in both 338 and 339 categories where the share of cotton in full costs is higher than in most other categories.
By contrast, prices of cotton trousers more moderately fell, although sharply declining in China and India.
Women/girls cotton trouser prices even decreased by 14% from Vietnam.