Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Iran - 2022
Contents:
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Iran (CIF) - 2022
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Iran (FOB) - 2022
- Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Iran
- Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Iran
Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Iran (CIF) - 2022
The average import price for t-shirts, singlets and other vests; of cotton, knitted or crocheted stood at $2.1 per unit in 2022, increasing by 9.7% against the previous year. In general, the import price, however, showed a abrupt decline. Over the period under review, average import prices reached the maximum at $4.5 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 ($14 per unit), while the price for China ($1.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.7%), 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 Iran (FOB) - 2022
In 2022, the average export price for t-shirts, singlets and other vests; of cotton, knitted or crocheted amounted to $6.4 per unit, picking up by 24% against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 29%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($15 per unit), while the average price for exports to Tajikistan ($508 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+22.0%), 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 Iran
In 2022, after three years of growth, there was significant decline in supplies from abroad of t-shirts, singlets and other vests; of cotton, knitted or crocheted, when their volume decreased by -15.8% to 485K units. The total import volume increased at an average annual rate of +5.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 20% against the previous year. As a result, imports reached the peak of 576K units, and then contracted notably in the following year.
In value terms, imports of t-shirts, singlets and other vests; of cotton, knitted or crocheted reduced to $1M in 2022. In general, imports showed a perceptible contraction. The pace of growth was the most pronounced in 2021 when imports increased by 1.9%. Over the period under review, imports of reached the maximum at $1.2M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 1,118 | 265 | 527 | 583 | -19.5% |
| South Korea | N/A | N/A | N/A | 165 | 0% |
| United Arab Emirates | 31.9 | 469 | 137 | 138 | 62.9% |
| China | 14.7 | 325 | 234 | 56.3 | 56.5% |
| India | 8.1 | 8.7 | 165 | 50.9 | 84.5% |
| Others | 0.9 | 34.1 | 59.8 | 43.9 | 265.4% |
| Total | 1,174 | 1,102 | 1,123 | 1,037 | -4.1% |
Top Suppliers of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted to Iran in 2022:
- Turkey (333.8K units)
- China (49.7K units)
- India (36.9K units)
- United Arab Emirates (30.7K units)
- South Korea (26.8K units)
Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Iran
In 2022, overseas shipments of t-shirts, singlets and other vests; of cotton, knitted or crocheted decreased by -51.1% to 22K units, falling for the second consecutive year after two years of growth. Overall, exports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of 416% against the previous year. As a result, the exports reached the peak of 67K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of t-shirts, singlets and other vests; of cotton, knitted or crocheted contracted sharply to $142K in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 462%. As a result, the exports attained the peak of $327K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 22.2 | 72.2 | 138 | 110 | 70.5% |
| Netherlands | 0.1 | 0.4 | 3.4 | 10.2 | 367.2% |
| Azerbaijan | 29.6 | 127 | 36.5 | 6.8 | -38.8% |
| Armenia | 0.1 | 1.3 | 1.1 | 3.4 | 224.0% |
| Bahrain | 0.1 | N/A | 1.2 | 1.2 | 128.9% |
| Central African Republic | N/A | 109 | N/A | N/A | 0% |
| Australia | N/A | N/A | 36.1 | N/A | 0% |
| Others | 6.1 | 17.6 | 17.7 | 10.2 | 18.7% |
| Total | 58.2 | 327 | 235 | 142 | 34.6% |
Top Export Markets for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted from Iran in 2022:
- Azerbaijan (9.7K units)
- Germany (7.5K units)
- Netherlands (2.5K units)
- Armenia (0.6K units)
- Bahrain (0.5K units)
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