Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Croatia - 2024

Contents:

  1. Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Croatia (CIF) - 2024
  2. Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Croatia (FOB) - 2024
  3. Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Croatia
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Germany18.314.924.326.112.6%
Italy15.712.916.017.74.1%
Hungary7.26.37.69.18.1%
Austria8.17.48.69.14.0%
Slovenia7.16.58.57.83.2%
Poland2.53.85.46.940.3%
Spain6.65.15.25.7-4.8%
Slovakia3.63.54.95.011.6%
Bosnia and Herzegovina4.13.96.04.53.2%
Bangladesh2.92.22.34.414.9%
Turkey3.73.23.43.91.8%
Others13.714.013.513.3-1.0%
Total93.683.71061146.8%

Top Suppliers of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted to Croatia in 2022:

  1. Germany (7.5M units)
  2. Hungary (5.4M units)
  3. Bosnia and Herzegovina (4.1M units)
  4. Italy (3.4M units)
  5. Slovenia (2.6M units)
  6. Slovakia (2.2M units)
  7. Poland (2.1M units)
  8. Bangladesh (2.0M units)
  9. Austria (1.7M units)
  10. Turkey (1.4M units)
  11. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Germany14.712.717.714.5-0.5%
Italy4.63.24.24.4-1.5%
Slovenia1.51.62.02.111.9%
Czech Republic0.80.51.21.831.0%
Serbia0.20.91.41.491.3%
Bosnia and Herzegovina1.00.71.01.39.1%
Georgia0.40.30.50.614.5%
Slovakia0.10.51.20.571.0%
Others2.42.93.05.330.2%
Total25.623.432.131.97.6%

Top Export Markets for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted from Croatia in 2022:

  1. Germany (7.2M units)
  2. Italy (1.5M units)
  3. Bosnia and Herzegovina (0.7M units)
  4. Slovakia (0.6M units)
  5. Czech Republic (0.4M units)
  6. Slovenia (0.4M units)
  7. Georgia (0.2M units)
  8. Serbia (0.2M units)

Source: IndexBox Market Intelligence Platform

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