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

Contents:

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

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

In 2022, the average import price for t-shirts, singlets and other vests; of cotton, knitted or crocheted amounted to $2.5 per unit, jumping by 20% against the previous year. Over the period under review, the import price, however, recorded a drastic downturn. Over the period under review, average import prices reached the peak figure at $5 per unit in 2013; however, from 2014 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 Thailand ($4.5 per unit), while the price for China ($1.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+7.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for t-shirts, singlets and other vests; of cotton, knitted or crocheted amounted to $4.3 per unit, waning by -9.1% against the previous year. Overall, the export price showed a mild slump. The pace of growth appeared the most rapid in 2014 when the average export price increased by 55%. As a result, the export price reached the peak level of $6.6 per unit. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($7.3 per unit), while the average price for exports to Sao Tome and Principe ($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 Germany (+24.9%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of t-shirts, singlets and other vests; of cotton, knitted or crocheted into Angola surged to 5M units, jumping by 123% against 2021 figures. Over the period under review, imports posted resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of t-shirts, singlets and other vests; of cotton, knitted or crocheted soared to $13M in 2022. Overall, imports showed resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4,1636071,6504,3981.8%
Thailand39.42545863,885362.0%
Portugal2,4458111,1902,432-0.2%
Turkey65.931.465.040883.6%
India1762872482339.8%
Vietnam1,35054.215130.2-71.8%
Hong Kong SAR91.28.41201.9-72.5%
Others9784097231,2378.1%
Total9,3082,4624,73312,62510.7%

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

  1. China (2756.2K units)
  2. Thailand (863.6K units)
  3. Portugal (813.2K units)
  4. Turkey (175.2K units)
  5. India (109.4K units)
  6. Vietnam (6.7K units)
  7. Hong Kong SAR (1.5K units)

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

In 2022, shipments abroad of t-shirts, singlets and other vests; of cotton, knitted or crocheted decreased by -69.5% to 155 units, falling for the second year in a row after two years of growth. In general, exports showed a dramatic decline. The most prominent rate of growth was recorded in 2020 with an increase of 357% against the previous year. As a result, the exports reached the peak of 4.3K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of t-shirts, singlets and other vests; of cotton, knitted or crocheted shrank significantly to $662 in 2022. Overall, exports showed a precipitous decline. The pace of growth appeared the most rapid in 2020 with an increase of 366%. As a result, the exports reached the peak of $21K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.817.61.80.4-20.6%
Poland1.81.30.40.2-51.9%
China1.4N/AN/AN/A0%
ChileN/AN/AN/AN/A0%
MozambiqueN/A0.6N/AN/A0%
Cabo VerdeN/A0.6N/AN/A0%
Sao Tome and Principe0.20.20.1N/A-29.3%
Others0.30.60.1N/A-42.3%
Total4.521.02.40.7-46.2%

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

  1. Germany (87.0 units)
  2. Poland (55.0 units)
  3. Chile (3.0 units)
  4. Sao Tome and Principe (1.0 units)

Source: IndexBox Market Intelligence Platform

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