Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Croatia - 2024
Contents:
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Croatia (CIF) - 2024
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Croatia (FOB) - 2024
- Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Croatia
- Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Croatia
Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Croatia (CIF) - 2024
In April 2024, the average import price for t-shirts, singlets and other vests; of cotton, knitted or crocheted amounted to $2.4 per unit, dropping by -32.4% against the previous month. Overall, the import price continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in March 2024 an increase of 49% against the previous month. Over the period under review, average import prices reached the peak figure at $4.0 per unit in August 2023; however, from September 2023 to April 2024, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($3.8 per unit), while the price for Bosnia and Herzegovina ($851 per thousand units) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Slovakia (+3.6%), 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 Croatia (FOB) - 2024
In April 2024, the average export price for t-shirts, singlets and other vests; of cotton, knitted or crocheted amounted to $3.1 per unit, with a decrease of -23.8% against the previous month. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2024 when the average export price increased by 22% month-to-month. The export price peaked at $4.2 per unit in January 2024; however, from February 2024 to April 2024, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In April 2024, the country with the highest price was Russia ($6.4 per unit), while the average price for exports to South Africa ($447 per thousand units) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+3.5%), 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 Croatia
In 2022, approx. 37M units of t-shirts, singlets and other vests; of cotton, knitted or crocheted were imported into Croatia; approximately reflecting the previous year. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. Imports peaked at 37M 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 expanded significantly to $114M in 2022. The total import value increased at an average annual rate of +6.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
Import of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Croatia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 18.3 | 14.9 | 24.3 | 26.1 | 12.6% |
Italy | 15.7 | 12.9 | 16.0 | 17.7 | 4.1% |
Hungary | 7.2 | 6.3 | 7.6 | 9.1 | 8.1% |
Austria | 8.1 | 7.4 | 8.6 | 9.1 | 4.0% |
Slovenia | 7.1 | 6.5 | 8.5 | 7.8 | 3.2% |
Poland | 2.5 | 3.8 | 5.4 | 6.9 | 40.3% |
Spain | 6.6 | 5.1 | 5.2 | 5.7 | -4.8% |
Slovakia | 3.6 | 3.5 | 4.9 | 5.0 | 11.6% |
Bosnia and Herzegovina | 4.1 | 3.9 | 6.0 | 4.5 | 3.2% |
Bangladesh | 2.9 | 2.2 | 2.3 | 4.4 | 14.9% |
Turkey | 3.7 | 3.2 | 3.4 | 3.9 | 1.8% |
Others | 13.7 | 14.0 | 13.5 | 13.3 | -1.0% |
Total | 93.6 | 83.7 | 106 | 114 | 6.8% |
Top Suppliers of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted to Croatia in 2022:
- Germany (7.5M units)
- Hungary (5.4M units)
- Bosnia and Herzegovina (4.1M units)
- Italy (3.4M units)
- Slovenia (2.6M units)
- Slovakia (2.2M units)
- Poland (2.1M units)
- Bangladesh (2.0M units)
- Austria (1.7M units)
- Turkey (1.4M units)
- Spain (1.3M units)
Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Croatia
In 2022, exports of t-shirts, singlets and other vests; of cotton, knitted or crocheted from Croatia shrank to 12M units, falling by -9% on the previous year's figure. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. As a result, the exports attained the peak of 13M units, and then declined in the following year.
In value terms, exports of t-shirts, singlets and other vests; of cotton, knitted or crocheted shrank modestly to $32M in 2022. The total export value increased at an average annual rate of +7.6% 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 37%. As a result, the exports attained the peak of $32M, leveling off in the following year.
Export of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Croatia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 14.7 | 12.7 | 17.7 | 14.5 | -0.5% |
Italy | 4.6 | 3.2 | 4.2 | 4.4 | -1.5% |
Slovenia | 1.5 | 1.6 | 2.0 | 2.1 | 11.9% |
Czech Republic | 0.8 | 0.5 | 1.2 | 1.8 | 31.0% |
Serbia | 0.2 | 0.9 | 1.4 | 1.4 | 91.3% |
Bosnia and Herzegovina | 1.0 | 0.7 | 1.0 | 1.3 | 9.1% |
Georgia | 0.4 | 0.3 | 0.5 | 0.6 | 14.5% |
Slovakia | 0.1 | 0.5 | 1.2 | 0.5 | 71.0% |
Others | 2.4 | 2.9 | 3.0 | 5.3 | 30.2% |
Total | 25.6 | 23.4 | 32.1 | 31.9 | 7.6% |
Top Export Markets for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted from Croatia in 2022:
- Germany (7.2M units)
- Italy (1.5M units)
- Bosnia and Herzegovina (0.7M units)
- Slovakia (0.6M units)
- Czech Republic (0.4M units)
- Slovenia (0.4M units)
- Georgia (0.2M units)
- Serbia (0.2M units)
This report provides an in-depth analysis of the t-shirt market in Croatia.
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 Croatia.
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