Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Chile - 2024
Contents:
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Chile (CIF) - 2022
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Chile (FOB) - 2022
- Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Chile
- Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Chile
Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Chile (CIF) - 2022
In 2022, the average import price for t-shirts, singlets and other vests; of cotton, knitted or crocheted amounted to $5 per unit, rising by 63% against the previous year. In general, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for t-shirts, singlets and other vests; of cotton, knitted or crocheted increased by +88.5% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Peru ($5.2 per unit) and India ($4.8 per unit), while the price for Bangladesh ($4.3 per unit) and China ($4.7 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+4.4%), 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 Chile (FOB) - 2022
In 2022, the average export price for t-shirts, singlets and other vests; of cotton, knitted or crocheted amounted to $7 per unit, shrinking by -33.8% against the previous year. In general, the export price faced a abrupt decrease. The most prominent rate of growth was recorded in 2017 an increase of 122%. Over the period under review, the average export prices reached the peak figure at $39 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($17 per unit), while the average price for exports to Venezuela ($4.4 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 Uruguay (-7.8%), while the prices for the other major destinations experienced a decline.
Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Chile
In 2022, approx. 64M units of t-shirts, singlets and other vests; of cotton, knitted or crocheted were imported into Chile; falling by -21.1% on 2021 figures. Over the period under review, total imports indicated notable growth from 2019 to 2022: its volume increased at an average annual rate of +3.4% 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 +26.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 60%. As a result, imports attained the peak of 81M units, and then fell sharply in the following year.
In value terms, imports of t-shirts, singlets and other vests; of cotton, knitted or crocheted soared to $320M in 2022. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 85%. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Chile (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 103 | 71.6 | 130 | 169 | 17.9% |
Bangladesh | 25.7 | 21.9 | 36.2 | 53.9 | 28.0% |
Peru | 5.9 | 4.3 | 12.1 | 15.2 | 37.1% |
India | 6.6 | 5.1 | 7.3 | 15.0 | 31.5% |
Mexico | 1.2 | 3.5 | 7.3 | 5.2 | 63.0% |
Others | 32.0 | 27.7 | 55.7 | 61.0 | 24.0% |
Total | 174 | 134 | 248 | 320 | 22.5% |
Top Suppliers of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted to Chile in 2022:
- China (36.0M units)
- Bangladesh (12.6M units)
- India (3.2M units)
- Peru (2.9M units)
- Mexico (1.1M units)
Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Chile
In 2022, approx. 1.2M units of t-shirts, singlets and other vests; of cotton, knitted or crocheted were exported from Chile; picking up by 47% compared with the previous year's figure. Over the period under review, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 131%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, exports of t-shirts, singlets and other vests; of cotton, knitted or crocheted dropped slightly to $8.2M in 2022. The total export value increased at an average annual rate of +2.4% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 28%. As a result, the exports reached the peak of $8.5M, and then fell in the following year.
Export of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Chile (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Peru | 3.6 | 3.0 | 5.9 | 5.1 | 12.3% |
Paraguay | 2.3 | 2.8 | 2.2 | 2.5 | 2.8% |
Uruguay | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
Venezuela | 0.1 | N/A | N/A | 0.1 | 0.0% |
Others | 1.7 | 0.7 | 0.1 | 0.3 | -43.9% |
Total | 7.7 | 6.6 | 8.5 | 8.2 | 2.1% |
Top Export Markets for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted from Chile in 2022:
- Peru (855.0K units)
- Paraguay (223.7K units)
- Uruguay (27.1K units)
- Venezuela (22.4K units)
This report provides an in-depth analysis of the t-shirt market in Chile.
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This report provides an in-depth analysis of the t-shirt market in Chile.
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