Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Bahrain - 2023
Contents:
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Bahrain (CIF) - 2022
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Bahrain (FOB) - 2022
- Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Bahrain
- Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Bahrain
Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Bahrain (CIF) - 2022
In 2022, the average import price for t-shirts, singlets and other vests; of cotton, knitted or crocheted amounted to $4.8 per unit, increasing by 4.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2014 an increase of 26%. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($9.9 per unit), while the price for Thailand ($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 China (+6.9%), 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 Bahrain (FOB) - 2022
The average export price for t-shirts, singlets and other vests; of cotton, knitted or crocheted stood at $10 per unit in 2022, rising by 49% against the previous year. In general, the export price saw a resilient expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
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 the United States ($12 per unit), while the average price for exports to Germany ($5.8 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 the United States (+21.6%), 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 Bahrain
Imports of t-shirts, singlets and other vests; of cotton, knitted or crocheted into Bahrain surged to 5.5M units in 2022, picking up by 23% against the year before. Overall, imports, however, showed a abrupt decline. Imports peaked at 6.9M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of t-shirts, singlets and other vests; of cotton, knitted or crocheted soared to $26M in 2022. Over the period under review, total imports indicated a mild increase 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 +47.3% against 2020 indices. 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 Bahrain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 7.1 | 5.3 | 5.2 | 7.8 | 3.2% |
| China | 6.8 | 4.3 | 5.2 | 5.2 | -8.6% |
| Bangladesh | 2.2 | 1.9 | 2.3 | 3.9 | 21.0% |
| Turkey | 2.1 | 1.4 | 1.9 | 3.1 | 13.9% |
| Vietnam | 0.9 | 0.6 | 0.9 | 0.8 | -3.9% |
| Indonesia | 0.5 | 0.4 | 0.3 | 0.5 | 0.0% |
| Thailand | 0.3 | 0.3 | 0.1 | 0.1 | -30.7% |
| Others | 5.0 | 3.8 | 4.6 | 4.9 | -0.7% |
| Total | 25.1 | 17.9 | 20.7 | 26.4 | 1.7% |
Top Suppliers of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted to Bahrain in 2022:
- India (2393.2K units)
- Bangladesh (1105.5K units)
- China (1028.5K units)
- Turkey (418.9K units)
- Vietnam (83.6K units)
- Thailand (77.5K units)
- Indonesia (65.1K units)
Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Bahrain
In 2022, exports of t-shirts, singlets and other vests; of cotton, knitted or crocheted from Bahrain dropped significantly to 165K units, waning by -39.9% on 2021 figures. Over the period under review, exports showed a sharp reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 830%. Over the period under review, the exports of reached the maximum at 722K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of t-shirts, singlets and other vests; of cotton, knitted or crocheted shrank to $1.7M in 2022. Overall, exports faced a precipitous contraction. The pace of growth was the most pronounced in 2021 with an increase of 902%. The exports peaked at $4.3M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kuwait | 1,093 | 63.5 | 660 | 470 | -24.5% |
| United Arab Emirates | 718 | 33.7 | 445 | 407 | -17.2% |
| United States | 1.1 | N/A | 4.2 | 269 | 525.3% |
| Saudi Arabia | 2,022 | 67.3 | 545 | 216 | -52.6% |
| Qatar | N/A | N/A | 129 | 181 | 40.3% |
| Oman | 130 | 8.2 | 86.5 | 57.0 | -24.0% |
| Germany | N/A | 0.4 | 4.1 | 32.4 | 800.0% |
| Free Zones | 266 | 14.0 | N/A | N/A | -94.7% |
| Others | 30.4 | 4.8 | 47.9 | 90.8 | 44.0% |
| Total | 4,262 | 192 | 1,921 | 1,723 | -26.1% |
Top Export Markets for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted from Bahrain in 2022:
- United Arab Emirates (43.4K units)
- Kuwait (43.0K units)
- Saudi Arabia (23.2K units)
- United States (22.1K units)
- Qatar (16.1K units)
- Germany (5.5K units)
- Oman (4.7K units)
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