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

Contents:

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

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

In 2022, the average export price for t-shirts, singlets and other vests; of cotton, knitted or crocheted amounted to $1.6 per unit, falling by -3.6% against the previous year. Over the period under review, the export price recorded a deep downturn. The most prominent rate of growth was recorded in 2018 an increase of 15%. Over the period under review, the average export prices reached the peak figure at $3.2 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -7.0% per year.

Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Belarus (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, surging by 64% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $2.7 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bangladesh ($3.8 per unit), while the price for Turkey ($1.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of t-shirts, singlets and other vests; of cotton, knitted or crocheted exported from Belarus expanded sharply to 7.8M units, with an increase of 7.2% compared with 2021 figures. Over the period under review, exports, however, recorded a deep contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 14% against the previous year. The exports peaked at 9.2M 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 expanded modestly to $12M in 2022. Overall, exports, however, showed a slight decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 25%. The exports peaked at $13M 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 Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia12.49.011.411.7-1.9%
Others0.40.60.50.720.5%
Total12.99.612.012.3-1.6%

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

  1. Russia (7.7M units)

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

Imports of t-shirts, singlets and other vests; of cotton, knitted or crocheted into Belarus declined significantly to 3.6M units in 2022, dropping by -78.4% on the previous year's figure. Over the period under review, imports showed a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 16%. Over the period under review, imports of reached the maximum at 23M 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 shrank rapidly to $9.1M in 2022. In general, imports showed a significant contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. Imports peaked at $32M 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 Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia11.610.213.04.2-28.7%
Turkey14.65.47.02.9-41.7%
Bangladesh2.52.42.50.8-31.6%
Vietnam0.30.80.90.30.0%
Uzbekistan0.70.50.20.2-34.1%
Others2.61.62.00.7-35.4%
Total32.420.825.79.1-34.5%

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

  1. Russia (1517.3K units)
  2. Turkey (1511.5K units)
  3. Bangladesh (217.3K units)
  4. Vietnam (112.9K units)
  5. Uzbekistan (63.7K units)

Source: IndexBox Market Intelligence Platform

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