Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Algeria - 2022

Contents:

  1. Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Algeria (CIF) - 2022
  2. Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Algeria (FOB) - 2022
  3. Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Algeria
  4. Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Algeria

Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Algeria (CIF) - 2022

In 2022, the average import price for t-shirts, singlets and other vests; of cotton, knitted or crocheted amounted to $1.4 per unit, falling by -19.4% against the previous year. Over the period under review, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for t-shirts, singlets and other vests; of cotton, knitted or crocheted increased by +6.6% against 2019 indices. The growth pace was the most rapid in 2014 an increase of 43%. Over the period under review, average import prices attained the maximum at $2.1 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($5.9 per unit), while the price for Turkey ($807 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Algeria (FOB) - 2022

The average export price for t-shirts, singlets and other vests; of cotton, knitted or crocheted stood at $12 per unit in 2022, with an increase of 30% against the previous year. In general, the export price recorded strong growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 63%. The export price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($67 per unit), while the average price for exports to Tunisia ($1.2 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 Ukraine (+29.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Algeria

Imports of t-shirts, singlets and other vests; of cotton, knitted or crocheted into Algeria skyrocketed to 16M units in 2022, picking up by 51% compared with the previous year. In general, imports, however, showed a relatively flat trend pattern. Imports peaked at 16M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of t-shirts, singlets and other vests; of cotton, knitted or crocheted soared to $22M in 2022. Over the period under review, total imports indicated a modest expansion from 2019 to 2022: its value increased at an average annual rate of +1.7% 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 +65.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Algeria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey12.26.67.510.1-6.1%
China3.22.64.25.318.3%
Spain1.20.82.02.018.6%
France2.51.61.61.9-8.7%
United KingdomN/AN/A1.41.0-28.6%
India1.10.6N/AN/A-45.5%
Others1.21.51.82.120.5%
Total21.413.618.422.51.7%

Top Suppliers of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted to Algeria in 2022:

  1. Turkey (12.5M units)
  2. China (1.8M units)
  3. France (0.3M units)
  4. Spain (0.3M units)
  5. United Kingdom (0.2M units)

Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Algeria

Exports of t-shirts, singlets and other vests; of cotton, knitted or crocheted from Algeria soared to 2K units in 2022, jumping by 20% against the year before. Over the period under review, exports posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 168% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, exports of t-shirts, singlets and other vests; of cotton, knitted or crocheted soared to $25K in 2022. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 310%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.1N/A1.28.4338.0%
France0.11.23.96.6304.1%
Dominican RepublicN/AN/AN/A3.00%
MoroccoN/AN/A4.32.2-48.8%
United States0.4N/A0.40.931.0%
AustriaN/A0.10.50.6144.9%
SwitzerlandN/AN/A0.40.650.0%
Germany0.41.11.20.614.5%
ThailandN/AN/A0.20.6200.0%
Netherlands0.21.00.40.314.5%
TunisiaN/AN/AN/A0.10%
Angola0.6N/AN/AN/A0%
Turkey2.1N/A1.0N/A-31.0%
Others2.10.52.60.9-24.6%
Total5.93.916.024.961.6%

Top Export Markets for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted from Algeria in 2022:

  1. France (761.0 units)
  2. Dominican Republic (321.0 units)
  3. Morocco (153.0 units)
  4. Austria (151.0 units)
  5. China (125.0 units)
  6. Thailand (96.0 units)
  7. Germany (89.0 units)
  8. Netherlands (58.0 units)
  9. Switzerland (58.0 units)
  10. Tunisia (53.0 units)
  11. United States (43.0 units)
  12. Turkey (7.0 units)

Source: IndexBox Market Intelligence Platform

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