Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Argentina - 2024
Contents:
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Argentina (CIF) - 2024
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Argentina (FOB) - 2022
- Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Argentina
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Peru | 5,094 | 2,388 | 3,946 | 3,585 | -11.1% |
China | 4,136 | 1,937 | 1,893 | 1,898 | -22.9% |
Bangladesh | 2,961 | 2,000 | 1,890 | 1,439 | -21.4% |
Turkey | 980 | 701 | 512 | 513 | -19.4% |
Vietnam | 717 | 325 | 566 | 480 | -12.5% |
Morocco | 199 | 283 | 145 | 464 | 32.6% |
Portugal | 789 | 580 | 466 | 434 | -18.1% |
Brazil | 586 | 441 | 555 | 375 | -13.8% |
Cambodia | 649 | 354 | 203 | 374 | -16.8% |
India | 852 | 454 | 244 | 355 | -25.3% |
Pakistan | 981 | 630 | 344 | 338 | -29.9% |
Indonesia | 172 | 69.1 | 61.9 | 208 | 6.5% |
Honduras | 33.0 | 66.6 | 131 | 155 | 67.5% |
Others | 1,533 | 835 | 739 | 958 | -14.5% |
Total | 19,683 | 11,065 | 11,697 | 11,577 | -16.2% |
Top Suppliers of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted to Argentina in 2022:
- Bangladesh (436.3K units)
- Peru (368.3K units)
- China (328.1K units)
- India (84.9K units)
- Vietnam (74.6K units)
- Brazil (66.8K units)
- Morocco (66.2K units)
- Pakistan (63.9K units)
- Turkey (63.8K units)
- Cambodia (56.2K units)
- Portugal (46.8K units)
- Indonesia (33.1K units)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Chile | 177 | 355 | 1,183 | 637 | 53.2% |
Uruguay | 496 | 422 | 760 | 474 | -1.5% |
United States | 16.5 | 1.4 | 6.9 | 101 | 82.9% |
Mexico | 9.5 | 10.3 | N/A | 43.4 | 65.9% |
Paraguay | 134 | 42.2 | 55.3 | 37.2 | -34.8% |
Brazil | 174 | N/A | N/A | 28.6 | -45.2% |
Spain | 8.1 | N/A | 3.4 | 15.8 | 24.9% |
Others | 104 | 4.5 | N/A | 7.6 | -58.2% |
Total | 1,120 | 836 | 2,009 | 1,344 | 6.3% |
Top Export Markets for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted from Argentina in 2022:
- Uruguay (123.9K units)
- Chile (74.6K units)
- United States (15.4K units)
- Mexico (5.5K units)
- Spain (5.0K units)
- Paraguay (3.3K units)
- Brazil (2.2K units)
This report provides an in-depth analysis of the t-shirt market in Argentina.
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This report provides an in-depth analysis of the t-shirt market in Argentina.
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