Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Estonia - 2024
Contents:
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Estonia (CIF) - 2022
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Estonia (FOB) - 2022
- Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Estonia
- Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Estonia
Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Estonia (CIF) - 2022
In 2022, the average import price for t-shirts, singlets and other vests; of cotton, knitted or crocheted amounted to $4.4 per unit, rising by 2.1% against the previous year. In general, the import price, however, continues to indicate a mild curtailment. The pace of growth was the most pronounced in 2020 when the average import price increased by 16%. Over the period under review, average import prices hit record highs at $5.1 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($14 per unit), while the price for Poland ($2.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.6%), 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 Estonia (FOB) - 2022
In 2022, the average export price for t-shirts, singlets and other vests; of cotton, knitted or crocheted amounted to $7.6 per unit, rising by 34% against the previous year. In general, the export price enjoyed buoyant growth. The growth pace was the most rapid in 2018 an increase of 186%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($12 per unit), while the average price for exports to Russia ($2.5 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 Latvia (+8.0%), 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 Estonia
In 2022, the amount of t-shirts, singlets and other vests; of cotton, knitted or crocheted imported into Estonia totaled 5.3M units, remaining relatively unchanged against the previous year. In general, imports, however, recorded a slight slump. The pace of growth was the most pronounced in 2021 when imports increased by 29%. Imports peaked at 5.6M 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 expanded to $23M in 2022. The total import value increased at an average annual rate of +1.7% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 21% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 1.0 | 3.5 | 4.2 | 5.7 | 78.6% |
| Germany | 1.2 | 4.1 | 5.1 | 5.3 | 64.1% |
| Netherlands | 2.5 | 2.3 | 2.9 | 1.7 | -12.1% |
| Finland | 0.4 | 1.2 | 1.4 | 1.7 | 62.0% |
| Italy | 0.3 | 0.7 | 1.0 | 1.6 | 74.7% |
| Latvia | 0.1 | 1.0 | 1.2 | 1.4 | 141.0% |
| France | 0.9 | 1.1 | 1.4 | 0.9 | 0.0% |
| Spain | 0.2 | 0.8 | 0.8 | 0.9 | 65.1% |
| Sweden | 0.2 | 0.7 | 1.0 | 0.8 | 58.7% |
| Lithuania | 0.3 | 0.8 | 0.9 | 0.6 | 26.0% |
| Belgium | 0.7 | 0.8 | 0.6 | 0.4 | -17.0% |
| Bangladesh | 5.5 | 0.1 | 0.1 | 0.3 | -62.1% |
| India | 1.3 | N/A | N/A | N/A | 0% |
| Others | 7.4 | 1.6 | 1.7 | 2.0 | -35.3% |
| Total | 22.1 | 18.6 | 22.5 | 23.3 | 1.8% |
Top Suppliers of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted to Estonia in 2022:
- Poland (2210.1K units)
- Germany (1221.9K units)
- Latvia (268.2K units)
- France (252.8K units)
- Finland (220.8K units)
- Spain (152.7K units)
- Sweden (145.3K units)
- Netherlands (127.6K units)
- Italy (113.6K units)
- Lithuania (87.2K units)
- Bangladesh (72.9K units)
- Belgium (62.9K units)
- India (4.9K units)
Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Estonia
In 2022, approx. 653K units of t-shirts, singlets and other vests; of cotton, knitted or crocheted were exported from Estonia; with a decrease of -28% on the previous year's figure. In general, exports showed a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 41%. The exports peaked at 1.2M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of t-shirts, singlets and other vests; of cotton, knitted or crocheted dropped modestly to $5M in 2022. Overall, exports saw a abrupt shrinkage. The growth pace was the most rapid in 2021 when exports increased by 27%. The exports peaked at $5.9M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 1,310 | 964 | 1,017 | 1,296 | -0.4% |
| Latvia | 1,470 | 967 | 1,129 | 1,011 | -11.7% |
| Lithuania | 992 | 849 | 925 | 799 | -7.0% |
| Russia | 1,463 | 725 | 1,198 | 614 | -25.1% |
| Sweden | 186 | 173 | 182 | 309 | 18.4% |
| Norway | 209 | 98.0 | 124 | 131 | -14.4% |
| Kazakhstan | N/A | N/A | N/A | 92.0 | 0% |
| Others | 306 | 272 | 572 | 726 | 33.4% |
| Total | 5,938 | 4,049 | 5,146 | 4,978 | -5.7% |
Top Export Markets for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted from Estonia in 2022:
- Russia (246.3K units)
- Finland (110.0K units)
- Latvia (81.2K units)
- Lithuania (70.0K units)
- Sweden (40.9K units)
- Norway (25.0K units)
- Kazakhstan (22.9K units)
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