Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Brazil - 2024
Contents:
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Brazil (CIF) - 2024
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Brazil (FOB) - 2022
- Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Brazil
- Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Brazil
Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Brazil (CIF) - 2024
The average import price for t-shirts, singlets and other vests; of cotton, knitted or crocheted stood at $4.4 per unit in July 2024, surging by 3.4% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.6%. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 59% month-to-month. As a result, import price reached the peak level of $5.2 per unit. From September 2023 to July 2024, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($7.6 per unit), while the price for China ($2.9 per unit) was amongst the lowest.
From July 2023 to July 2024, the most notable rate of growth in terms of prices was attained by China (+10.1%), 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 Brazil (FOB) - 2022
In 2022, the average export price for t-shirts, singlets and other vests; of cotton, knitted or crocheted amounted to $3.6 per unit, surging by 26% against the previous year. In general, the export price, however, continues to indicate a mild decrease. Over the period under review, the average export prices reached the peak figure at $4.8 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($4.9 per unit), while the average price for exports to Paraguay ($2.8 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 Paraguay (+1.7%), 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 Brazil
In 2022, the amount of t-shirts, singlets and other vests; of cotton, knitted or crocheted imported into Brazil fell modestly to 16M units, remaining constant against 2021 figures. Overall, imports recorded a precipitous decline. Imports peaked at 37M 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 surged to $79M in 2022. Over the period under review, imports showed a pronounced shrinkage. Over the period under review, imports of hit record highs at $85M 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 Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 25.5 | 17.2 | 21.9 | 24.2 | -1.7% |
| Bangladesh | 15.3 | 10.5 | 11.8 | 16.0 | 1.5% |
| China | 21.9 | 9.6 | 7.8 | 9.9 | -23.3% |
| Turkey | 4.1 | 2.7 | 3.3 | 5.1 | 7.5% |
| Vietnam | 1.7 | 2.0 | 2.9 | 3.1 | 22.2% |
| Portugal | 3.1 | 2.3 | 2.7 | 2.8 | -3.3% |
| Pakistan | 1.8 | 2.4 | 1.9 | 2.2 | 6.9% |
| Honduras | 0.2 | 0.2 | 0.8 | 2.0 | 115.4% |
| India | 2.3 | 1.1 | 1.6 | 2.0 | -4.6% |
| Cambodia | 1.4 | 1.8 | 1.5 | 1.8 | 8.7% |
| Morocco | 1.0 | 0.8 | 1.3 | 1.4 | 11.9% |
| Others | 6.4 | 4.3 | 6.1 | 8.8 | 11.2% |
| Total | 84.7 | 54.9 | 63.7 | 79.4 | -2.1% |
Top Suppliers of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted to Brazil in 2022:
- Bangladesh (4.6M units)
- Peru (4.3M units)
- China (2.4M units)
- Turkey (0.8M units)
- India (0.5M units)
- Vietnam (0.5M units)
- Pakistan (0.4M units)
- Honduras (0.4M units)
- Portugal (0.3M units)
- Cambodia (0.3M units)
- Morocco (0.3M units)
Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Brazil
Exports of t-shirts, singlets and other vests; of cotton, knitted or crocheted from Brazil rose rapidly to 3.8M units in 2022, increasing by 11% compared with 2021 figures. The total export volume increased at an average annual rate of +8.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 30%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of t-shirts, singlets and other vests; of cotton, knitted or crocheted skyrocketed to $14M in 2022. In general, exports saw prominent growth. The growth pace was the most rapid in 2021 with an increase of 59%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uruguay | 2.6 | 2.0 | 2.8 | 4.3 | 18.3% |
| Paraguay | 3.5 | 2.0 | 2.9 | 3.4 | -1.0% |
| Chile | 0.2 | 0.2 | 1.4 | 1.9 | 111.8% |
| Bolivia | 0.6 | 0.3 | 0.7 | 0.6 | 0.0% |
| Ecuador | 0.1 | 0.1 | 0.2 | 0.6 | 81.7% |
| Argentina | 0.6 | 0.6 | 0.4 | 0.4 | -12.6% |
| Panama | 0.1 | N/A | 0.1 | 0.3 | 44.2% |
| Costa Rica | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
| Others | 1.0 | 0.8 | 1.1 | 1.9 | 23.9% |
| Total | 8.9 | 6.1 | 9.7 | 13.7 | 15.5% |
Top Export Markets for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted from Brazil in 2022:
- Uruguay (1250.1K units)
- Paraguay (1228.1K units)
- Chile (390.3K units)
- Bolivia (159.6K units)
- Ecuador (149.0K units)
- Panama (87.2K units)
- Argentina (77.9K units)
- Costa Rica (73.6K units)
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