Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Greece - 2024
Contents:
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Greece (CIF) - 2024
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Greece (FOB) - 2024
- Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Greece
- Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Greece
Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Greece (CIF) - 2024
The average import price for t-shirts, singlets and other vests; of cotton, knitted or crocheted stood at $4.1 per unit in April 2024, reducing by -13.9% against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 27% month-to-month. As a result, import price attained the peak level of $6.5 per unit. From September 2023 to April 2024, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($13.2 per unit), while the price for Bulgaria ($2.2 per unit) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Germany (+2.3%), 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 Greece (FOB) - 2024
The average export price for t-shirts, singlets and other vests; of cotton, knitted or crocheted stood at $7.2 per unit in April 2024, picking up by 3.8% against the previous month. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 32% m-o-m. Over the period under review, the average export prices hit record highs at $9.0 per unit in October 2023; however, from November 2023 to April 2024, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Albania ($15.3 per unit), while the average price for exports to Germany ($3.4 per unit) 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 Albania (+11.8%), 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 Greece
In 2022, purchases abroad of t-shirts, singlets and other vests; of cotton, knitted or crocheted increased by 21% to 51M units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a abrupt slump. Over the period under review, imports of hit record highs at 78M 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 skyrocketed to $205M in 2022. The total import value increased at an average annual rate of +3.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 31.1 | 24.8 | 29.4 | 33.2 | 2.2% |
| Spain | 23.8 | 15.1 | 14.4 | 24.1 | 0.4% |
| Bangladesh | 15.4 | 13.1 | 14.3 | 23.7 | 15.5% |
| Netherlands | 6.4 | 7.4 | 11.6 | 16.3 | 36.6% |
| France | 12.1 | 10.9 | 15.0 | 14.0 | 5.0% |
| Germany | 8.1 | 6.9 | 10.6 | 14.0 | 20.0% |
| Bulgaria | 10.1 | 8.8 | 11.2 | 13.2 | 9.3% |
| Belgium | 8.9 | 8.4 | 12.6 | 11.8 | 9.9% |
| China | 19.2 | 7.8 | 6.9 | 10.2 | -19.0% |
| North Macedonia | 8.0 | 8.5 | 9.8 | 9.0 | 4.0% |
| Turkey | 11.1 | 6.7 | 5.9 | 6.9 | -14.7% |
| Poland | 0.5 | 1.2 | 3.1 | 5.9 | 127.7% |
| Austria | 8.3 | 4.2 | 3.8 | 5.1 | -15.0% |
| Others | 21.8 | 14.9 | 16.5 | 17.7 | -6.7% |
| Total | 185 | 139 | 165 | 205 | 3.5% |
Top Suppliers of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted to Greece in 2022:
- Bangladesh (10.3M units)
- China (5.9M units)
- Spain (5.8M units)
- Bulgaria (5.7M units)
- North Macedonia (3.4M units)
- France (3.1M units)
- Italy (3.0M units)
- Turkey (2.5M units)
- Austria (1.9M units)
- Belgium (1.9M units)
- Germany (1.7M units)
- Netherlands (1.5M units)
- Poland (0.9M units)
Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Greece
In 2022, approx. 17M units of t-shirts, singlets and other vests; of cotton, knitted or crocheted were exported from Greece; with an increase of 12% compared with the year before. Overall, exports, however, saw a deep reduction. The growth pace was the most rapid in 2021 when exports increased by 13%. Over the period under review, the exports of reached the maximum at 26M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of t-shirts, singlets and other vests; of cotton, knitted or crocheted rose remarkably to $80M in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 63%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.9 | 6.6 | 9.9 | 11.5 | 18.6% |
| Italy | 14.5 | 8.2 | 10.0 | 10.3 | -10.8% |
| United Kingdom | 0.6 | 0.5 | 4.2 | 8.6 | 142.9% |
| Belgium | 0.1 | 2.4 | 14.5 | 8.6 | 341.4% |
| Romania | 4.2 | 5.5 | 5.7 | 7.9 | 23.4% |
| Cyprus | 5.6 | 5.1 | 6.5 | 7.4 | 9.7% |
| Bulgaria | 5.5 | 4.8 | 5.3 | 6.1 | 3.5% |
| North Macedonia | 2.2 | 1.6 | 1.5 | 2.5 | 4.4% |
| Spain | 2.2 | 1.4 | 1.8 | 2.1 | -1.5% |
| Hungary | 0.8 | 0.8 | 2.3 | 2.0 | 35.7% |
| Czech Republic | 1.3 | 0.9 | 1.6 | 1.8 | 11.5% |
| France | 1.9 | 1.1 | 1.1 | 1.2 | -14.2% |
| Slovakia | 1.2 | 0.3 | 0.3 | 0.2 | -45.0% |
| Others | 8.6 | 5.9 | 9.1 | 10.3 | 6.2% |
| Total | 55.7 | 45.3 | 73.8 | 80.4 | 13.0% |
Top Export Markets for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted from Greece in 2022:
- Germany (3.0M units)
- Italy (2.9M units)
- Bulgaria (1.6M units)
- Belgium (1.5M units)
- Romania (1.3M units)
- United Kingdom (1.1M units)
- Hungary (1.1M units)
- Cyprus (0.8M units)
- Spain (0.8M units)
- North Macedonia (0.4M units)
- Czech Republic (0.3M units)
- France (0.2M units)
- Slovakia (0.1M units)
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