Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Argentina - 2024

Contents:

  1. Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Argentina (CIF) - 2024
  2. Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Argentina (FOB) - 2022
  3. Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Argentina
  4. Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Argentina

Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Argentina (CIF) - 2024

The average import price for t-shirts, singlets and other vests; of cotton, knitted or crocheted stood at $10.3 per unit in March 2024, with an increase of 36% against the previous month. Overall, the import price continues to indicate a pronounced expansion. The growth pace was the most rapid in December 2023 an increase of 113% m-o-m. The import price peaked in March 2024.

Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($13.5 per unit), while the price for Paraguay ($6.1 per unit) was amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by India (+15.7%), 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 Argentina (FOB) - 2022

The average export price for t-shirts, singlets and other vests; of cotton, knitted or crocheted stood at $5.8 per unit in 2022, increasing by 26% against the previous year. Overall, the export price, however, saw a perceptible descent. The pace of growth appeared the most rapid in 2021 an increase of 46%. The export price peaked at $9.1 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($13 per unit), while the average price for exports to Spain ($3.2 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 Brazil (+5.4%), 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 Argentina

For the third year in a row, Argentina recorded decline in overseas purchases of t-shirts, singlets and other vests; of cotton, knitted or crocheted, which decreased by -21.9% to 1.8M units in 2022. Over the period under review, imports continue to indicate a sharp curtailment. The smallest decline of -3% was in 2021. Imports peaked at 4.5M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of t-shirts, singlets and other vests; of cotton, knitted or crocheted contracted modestly to $12M in 2022. Overall, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 5.7% against the previous year. Over the period under review, imports of attained the maximum at $20M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru5,0942,3883,9463,585-11.1%
China4,1361,9371,8931,898-22.9%
Bangladesh2,9612,0001,8901,439-21.4%
Turkey980701512513-19.4%
Vietnam717325566480-12.5%
Morocco19928314546432.6%
Portugal789580466434-18.1%
Brazil586441555375-13.8%
Cambodia649354203374-16.8%
India852454244355-25.3%
Pakistan981630344338-29.9%
Indonesia17269.161.92086.5%
Honduras33.066.613115567.5%
Others1,533835739958-14.5%
Total19,68311,06511,69711,577-16.2%

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

  1. Bangladesh (436.3K units)
  2. Peru (368.3K units)
  3. China (328.1K units)
  4. India (84.9K units)
  5. Vietnam (74.6K units)
  6. Brazil (66.8K units)
  7. Morocco (66.2K units)
  8. Pakistan (63.9K units)
  9. Turkey (63.8K units)
  10. Cambodia (56.2K units)
  11. Portugal (46.8K units)
  12. Indonesia (33.1K units)
  13. Honduras (27.6K units)

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

In 2022, shipments abroad of t-shirts, singlets and other vests; of cotton, knitted or crocheted decreased by -46.7% to 231K units for the first time since 2018, thus ending a three-year rising trend. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 64% against the previous year. As a result, the exports attained the peak of 433K units, and then dropped sharply in the following year.

In value terms, exports of t-shirts, singlets and other vests; of cotton, knitted or crocheted dropped markedly to $1.3M in 2022. In general, exports, however, saw a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 140%. As a result, the exports reached the peak of $2M, and then fell dramatically in the following year.

Export of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile1773551,18363753.2%
Uruguay496422760474-1.5%
United States16.51.46.910182.9%
Mexico9.510.3N/A43.465.9%
Paraguay13442.255.337.2-34.8%
Brazil174N/AN/A28.6-45.2%
Spain8.1N/A3.415.824.9%
Others1044.5N/A7.6-58.2%
Total1,1208362,0091,3446.3%

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

  1. Uruguay (123.9K units)
  2. Chile (74.6K units)
  3. United States (15.4K units)
  4. Mexico (5.5K units)
  5. Spain (5.0K units)
  6. Paraguay (3.3K units)
  7. Brazil (2.2K units)

Source: IndexBox Market Intelligence Platform

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