Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Iraq - 2022
Contents:
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Iraq (CIF) - 2022
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Iraq (FOB) - 2022
- Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Iraq
- Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Iraq
Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Iraq (CIF) - 2022
The average import price for t-shirts, singlets and other vests; of cotton, knitted or crocheted stood at $1.6 per unit in 2022, shrinking by -7.3% against the previous year. Over the period under review, the import price showed a abrupt decline. The most prominent rate of growth was recorded in 2021 when the average import price increased by 20%. Over the period under review, average import prices reached the maximum at $4.1 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($4.5 per unit), while the price for India ($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 China (+5.6%), while the prices for the other major suppliers experienced a decline.
Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Iraq (FOB) - 2022
The average export price for t-shirts, singlets and other vests; of cotton, knitted or crocheted stood at $3.6 per unit in 2022, with a decrease of -22.8% against the previous year. Over the period under review, the export price showed a deep downturn. The pace of growth was the most pronounced in 2014 when the average export price increased by 46% against the previous year. As a result, the export price attained the peak level of $14 per unit. From 2015 to 2022, the average export prices remained at a lower figure.
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 Austria ($7 per unit), while the average price for exports to Turkey ($3.4 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 Germany (-0.5%), while the prices for the other major destinations experienced a decline.
Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Iraq
In 2022, the amount of t-shirts, singlets and other vests; of cotton, knitted or crocheted imported into Iraq soared to 35M units, rising by 16% on the year before. In general, imports, however, showed a deep setback. Imports peaked at 42M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of t-shirts, singlets and other vests; of cotton, knitted or crocheted stood at $54M in 2022. Overall, imports, however, recorded a slight shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 23%. Imports peaked at $57M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Iraq (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 38.8 | 20.7 | 23.6 | 32.7 | -5.5% |
| China | 7.5 | 11.5 | 17.6 | 10.4 | 11.5% |
| India | 7.3 | 5.2 | 4.4 | 4.3 | -16.2% |
| United Arab Emirates | 2.0 | 1.8 | 2.8 | 3.8 | 23.9% |
| Others | 1.5 | 1.7 | 1.8 | 3.0 | 26.0% |
| Total | 57.2 | 40.8 | 50.2 | 54.1 | -1.8% |
Top Suppliers of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted to Iraq in 2022:
- Turkey (24.9M units)
- India (4.0M units)
- China (3.8M units)
- United Arab Emirates (0.8M units)
Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Iraq
Exports of t-shirts, singlets and other vests; of cotton, knitted or crocheted from Iraq skyrocketed to 23K units in 2022, rising by 85% on 2021. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 722%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, exports of t-shirts, singlets and other vests; of cotton, knitted or crocheted soared to $82K in 2022. In general, exports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 426%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.
| Export of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 12.9 | 2.0 | 44.2 | 69.5 | 75.3% |
| Netherlands | 0.2 | N/A | 2.5 | 3.1 | 149.3% |
| Germany | 9.0 | 3.8 | 2.8 | 2.0 | -39.4% |
| Sweden | 1.4 | 0.9 | 0.9 | 0.7 | -20.6% |
| Others | 1.2 | 4.2 | 6.6 | 6.5 | 75.6% |
| Total | 24.7 | 10.9 | 57.1 | 81.8 | 49.1% |
Top Export Markets for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted from Iraq in 2022:
- Turkey (20.6K units)
- Netherlands (0.7K units)
- Germany (0.4K units)
- Sweden (0.1K units)
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