Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in China - 2024
Contents:
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in China (FOB) - 2024
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in China (CIF) - 2022
- Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in China
- Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in China
Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in China (FOB) - 2024
The average export price for t-shirts, singlets and other vests; of cotton, knitted or crocheted stood at $3.9 per unit in May 2024, shrinking by -2.8% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.8%. The growth pace was the most rapid in December 2023 an increase of 14% month-to-month. Over the period under review, the average export prices attained the maximum at $4.0 per unit in March 2024; however, from April 2024 to May 2024, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Kyrgyzstan ($7.8 per unit), while the average price for exports to Greece ($1.9 per unit) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+3.3%), 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 China (CIF) - 2022
In 2022, the average import price for t-shirts, singlets and other vests; of cotton, knitted or crocheted amounted to $12 per unit, surging by 36% against the previous year. In general, the import price saw a strong increase. The growth pace was the most rapid in 2020 an increase of 38%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($137 per unit), while the price for Bangladesh ($2.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Democratic People's Republic of Korea (+80.2%), 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 China
In 2022, approx. 1.4B units of t-shirts, singlets and other vests; of cotton, knitted or crocheted were exported from China; almost unchanged from the year before. The total export volume increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 when exports increased by 24% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of t-shirts, singlets and other vests; of cotton, knitted or crocheted reached $4.6B in 2022. The total export value increased at an average annual rate of +7.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the near future.
Export of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 836 | 678 | 1,085 | 1,051 | 7.9% |
Japan | 698 | 637 | 722 | 665 | -1.6% |
Australia | 174 | 172 | 217 | 249 | 12.7% |
Philippines | 88.4 | 105 | 134 | 187 | 28.4% |
South Korea | 151 | 155 | 166 | 165 | 3.0% |
Kyrgyzstan | 75.1 | 35.2 | 67.6 | 137 | 22.2% |
Chile | 71.2 | 55.3 | 113 | 129 | 21.9% |
Netherlands | 73.3 | 78.7 | 98.4 | 125 | 19.5% |
Germany | 70.2 | 67.8 | 88.7 | 118 | 18.9% |
Saudi Arabia | 103 | 84.0 | 99.4 | 109 | 1.9% |
Vietnam | 26.5 | 71.0 | 64.4 | 100 | 55.7% |
Greece | 56.0 | 37.4 | 66.6 | 80.5 | 12.9% |
Israel | 44.8 | 38.8 | 71.5 | 67.3 | 14.5% |
Others | 1,260 | 981 | 1,267 | 1,455 | 4.9% |
Total | 3,729 | 3,197 | 4,261 | 4,640 | 7.6% |
Top Export Markets for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted from China in 2022:
- United States (333.7M units)
- Japan (170.7M units)
- Australia (65.0M units)
- Saudi Arabia (55.1M units)
- Philippines (48.5M units)
- Chile (45.7M units)
- South Korea (39.9M units)
- Netherlands (34.7M units)
- Germany (33.2M units)
- Greece (31.8M units)
- Vietnam (28.9M units)
- Kyrgyzstan (22.5M units)
- Israel (21.6M units)
Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in China
For the third consecutive year, China recorded decline in overseas purchases of t-shirts, singlets and other vests; of cotton, knitted or crocheted, which decreased by -37.2% to 62M units in 2022. In general, imports showed a sharp decrease. The smallest decline of -6.1% was in 2021. Over the period under review, imports of attained the peak figure at 146M 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 declined to $732M in 2022. The total import value increased at an average annual rate of +2.6% 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 27%. As a result, imports reached the peak of $856M, and then shrank in the following year.
Import of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 92.8 | 122 | 178 | 147 | 16.6% |
Portugal | 71.6 | 84.9 | 137 | 117 | 17.8% |
Vietnam | 146 | 115 | 152 | 113 | -8.2% |
Bangladesh | 113 | 72.4 | 64.8 | 54.9 | -21.4% |
Turkey | 37.8 | 39.7 | 40.7 | 40.6 | 2.4% |
Indonesia | 23.5 | 20.2 | 30.9 | 30.6 | 9.2% |
Cambodia | 42.0 | 28.6 | 33.3 | 21.5 | -20.0% |
Pakistan | 11.4 | 18.1 | 26.3 | 19.4 | 19.4% |
India | 18.5 | 13.2 | 11.3 | 14.7 | -7.4% |
Others | 122 | 157 | 182 | 173 | 12.3% |
Total | 678 | 672 | 856 | 732 | 2.6% |
Top Suppliers of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted to China in 2022:
- Bangladesh (20.2M units)
- Vietnam (16.5M units)
- Indonesia (3.1M units)
- Turkey (2.9M units)
- Pakistan (2.8M units)
- India (2.7M units)
- Cambodia (2.2M units)
- Portugal (1.8M units)
- Italy (1.1M units)
This report provides an in-depth analysis of the t-shirt market in China.
This report provides an in-depth analysis of the global t-shirt market.
This report provides an in-depth analysis of the t-shirt market in China.
This report provides an in-depth analysis of the global t-shirt market.
Explore the top import markets for t-shirts around the world, including the United States, Germany, France, and more. Gain valuable insights into consumer preferences and market trends in the global fashion industry.
In 2020, Uzbekistan was the only supplier which managed to ramp up T-shirt exports while other exporters saw a drop in sales. Exports from Uzbekistan rose by 8.5% y/y to 139M units or by 48% y/y to $165M in monetary terms.
After two years of growth, the global t-shirt market decreased by -3.5% to $88.5B in 2019. In general, consumption,...
In 2016, the global T-shirt market grew to X units, rising by an average growth rate of X% over the last nine years.
Global t-shirt imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, t-shirt imports continue to indicate a relatively flat trend pattern. The most prominent...
Global t-shirt imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, t-shirt imports continue to indicate a relatively flat trend pattern. The most prominent...
In 2015, global T-shirt market stood at X million units.
In 2015, global T-shirt market stood at X million units. In value terms, the market fluctuated over the period under review.
In 2015, the value of total imports on the global T-shirt market stood at X billion USD. In physical terms, the total volume of T-shirts decreased to X billion units in 2015, which was X million units (X%) less than the year before.
In 2015, the U.S. (X million units) was the leading t-shirt consuming market, distantly followed by China (X million units), the U.K. (X million units), and Canada (X million units). Together, these countries accounted for approximately X% o