Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Bulgaria - 2024
Contents:
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Bulgaria (FOB) - 2022
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Bulgaria (CIF) - 2024
- Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Bulgaria
- Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Bulgaria
Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Bulgaria (FOB) - 2022
In 2022, the average export price for t-shirts, singlets and other vests; of cotton, knitted or crocheted amounted to $4.4 per unit, reducing by -2.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The pace of growth appeared the most rapid in 2021 an increase of 16% against the previous year. As a result, the export price attained the peak level of $4.5 per unit, and then dropped in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($5.4 per unit), while the average price for exports to Greece ($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 Belgium (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Bulgaria (CIF) - 2024
The average import price for t-shirts, singlets and other vests; of cotton, knitted or crocheted stood at $2.4 per unit in April 2024, falling by -26% against the previous month. Over the period under review, the import price continues to indicate a noticeable reduction. The pace of growth appeared the most rapid in March 2024 an increase of 31% month-to-month. The import price peaked at $4.6 per unit in October 2023; however, from November 2023 to April 2024, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In April 2024, the country with the highest price was Turkey ($2.4 per unit), while the price for Bangladesh stood at $1.9 per unit.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Hungary (+5.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Bulgaria
In 2022, the amount of t-shirts, singlets and other vests; of cotton, knitted or crocheted exported from Bulgaria surged to 23M units, increasing by 21% against 2021. The total export volume increased at an average annual rate of +6.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 23%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of t-shirts, singlets and other vests; of cotton, knitted or crocheted skyrocketed to $101M in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +9.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 43% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 29.8 | 22.8 | 37.2 | 46.6 | 16.1% |
| Greece | 11.2 | 11.1 | 18.1 | 17.6 | 16.3% |
| Germany | 13.7 | 10.0 | 6.5 | 7.2 | -19.3% |
| France | 5.4 | 2.6 | 4.5 | 4.4 | -6.6% |
| Austria | 1.5 | 1.1 | 2.2 | 3.2 | 28.7% |
| Belgium | 2.7 | 2.9 | 3.8 | 3.0 | 3.6% |
| Denmark | 0.2 | 0.5 | 0.4 | 2.2 | 122.4% |
| Slovakia | 0.9 | 0.7 | 0.7 | 1.1 | 6.9% |
| Others | 11.3 | 8.1 | 12.3 | 15.3 | 10.6% |
| Total | 76.6 | 59.9 | 85.7 | 101 | 9.7% |
Top Export Markets for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted from Bulgaria in 2022:
- Italy (8.6M units)
- Greece (6.4M units)
- Germany (1.8M units)
- France (1.2M units)
- Austria (0.9M units)
- Belgium (0.6M units)
- Denmark (0.5M units)
- Slovakia (0.4M units)
Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Bulgaria
In 2022, imports of t-shirts, singlets and other vests; of cotton, knitted or crocheted into Bulgaria skyrocketed to 29M units, jumping by 57% against 2021. Overall, imports saw a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of t-shirts, singlets and other vests; of cotton, knitted or crocheted surged to $97M in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached 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 Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 9.9 | 7.9 | 9.6 | 20.3 | 27.0% |
| Poland | 3.1 | 3.6 | 5.6 | 14.6 | 67.6% |
| Germany | 8.8 | 6.5 | 12.0 | 14.3 | 17.6% |
| Belgium | 4.4 | 3.2 | 6.6 | 9.0 | 26.9% |
| Italy | 6.0 | 6.0 | 6.4 | 7.8 | 9.1% |
| Hungary | 1.0 | 0.7 | 1.0 | 7.7 | 97.5% |
| Greece | 4.8 | 4.7 | 4.5 | 5.8 | 6.5% |
| Spain | 3.7 | 2.6 | 3.5 | 3.9 | 1.8% |
| Romania | 1.3 | 1.2 | 2.2 | 3.5 | 39.1% |
| Bangladesh | 0.8 | 0.7 | 0.6 | 0.4 | -20.6% |
| Others | 7.9 | 6.9 | 8.7 | 9.4 | 6.0% |
| Total | 51.7 | 44.1 | 60.7 | 96.7 | 23.2% |
Top Suppliers of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted to Bulgaria in 2022:
- Turkey (8.4M units)
- Germany (4.1M units)
- Poland (3.8M units)
- Belgium (2.5M units)
- Hungary (2.3M units)
- Greece (2.1M units)
- Italy (1.8M units)
- Romania (1.1M units)
- Spain (1.0M units)
- Bangladesh (0.1M units)
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