How Is A Cashmere Sweater Priced?
Cashmere is one of the most favorite materials in women’s sweaters because of its very soft wool. For consumers who prefer high fashion labels the like of LoroPiana, a single piece of sweater made from the finest cashmere can set them back $2,000 or even higher. There are also more affordable options at $30 which are still 100 per cent made of cashmere from brands such as Uniqlo.
Cashmere is a super soft wool material that can only be found in specific goat breeds like the Tibetan Plateau goat and the white breed known as ZalaaGinst. When it was first introduced in the fashion industry, only the wealthiest fashion enthusiasts are able to afford the garments made from cashmere. Its popularity soared after it was worn by the wife of Napoleon Bonaparte. In the last twenty years, the demand has reached sky-high that cheaper versions are launched in the market.
Looking at the trade data of the United Nations, in 2010 the earnings from international exports of cashmere clothing was only $1.2 billion but six years later it has reached $1.4 billion. When you convert that amount to actual clothing, it is about 5 million kilograms of cashmere products from tops, cardigans to pullovers. In the current market, cashmere can be found everywhere and the prices have a very wide gap. When this happened, it presented a problem because the product which was used to be a luxury item has eventually become a public commodity.
The big price difference can be accounted by various factors such as the yarn’s quality, the number of units bought by the brand, the location of the manufacturing facility and the markup price. The most important factor is the raw material because it dictates the quality.
Cashmere fibers which are longer are known to be more durable which helps in maintaining the clothing’s structure. If there are pilling in your women’s sweaters then it must probably be because the strand of the cashmere fabric used is too short. Nowadays, it is common practice for manufacturers to use both lengths in one production in order to have a balance between the cost and the quality.