Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Ireland - 2024
Contents:
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Ireland (CIF) - 2024
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Ireland (FOB) - 2024
- Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Ireland
- Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Ireland
Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Ireland (CIF) - 2024
The average import price for t-shirts, singlets and other vests; of cotton, knitted or crocheted stood at $4.8 per unit in April 2024, picking up by 19% against the previous month. Over the period from April 2023 to April 2024, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in June 2023 an increase of 29% m-o-m. Over the period under review, average import prices hit record highs at $6.6 per unit in November 2023; however, from December 2023 to April 2024, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In April 2024, the country with the highest price was Germany ($11.3 per unit), while the price for Bangladesh ($2.3 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 the Netherlands (+3.3%), 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 Ireland (FOB) - 2024
The average export price for t-shirts, singlets and other vests; of cotton, knitted or crocheted stood at $4.9 per unit in April 2024, shrinking by -12.6% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in November 2023 an increase of 119% against the previous month. The export price peaked at $7.6 per unit in September 2023; however, from October 2023 to April 2024, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In April 2024, the country with the highest price was France ($9.7 per unit), while the average price for exports to the Netherlands ($1.9 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 France (+6.8%), 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 Ireland
In 2022, the amount of t-shirts, singlets and other vests; of cotton, knitted or crocheted imported into Ireland totaled 47M units, increasing by 3.6% on the year before. The total import volume increased at an average annual rate of +3.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 39% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of t-shirts, singlets and other vests; of cotton, knitted or crocheted soared to $208M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 28% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 42.2 | 16.9 | 37.3 | 58.5 | 11.5% |
| United Kingdom | 25.7 | 63.4 | 28.2 | 19.7 | -8.5% |
| India | 20.5 | 9.4 | 15.5 | 19.3 | -2.0% |
| Germany | 1.3 | 6.2 | 15.3 | 17.4 | 137.4% |
| Turkey | 15.1 | 4.1 | 12.9 | 13.7 | -3.2% |
| Netherlands | 0.9 | 8.4 | 13.0 | 10.8 | 128.9% |
| China | 8.0 | 2.3 | 9.9 | 10.6 | 9.8% |
| Spain | 3.5 | 4.0 | 5.2 | 7.0 | 26.0% |
| Belgium | 0.1 | 2.8 | 4.5 | 6.2 | 295.8% |
| Pakistan | 2.7 | 0.8 | 3.0 | 5.2 | 24.4% |
| Denmark | 0.1 | 2.1 | 2.5 | 3.0 | 210.7% |
| Cambodia | 3.9 | 1.2 | 1.3 | 1.8 | -22.7% |
| Others | 15.7 | 10.3 | 20.7 | 34.7 | 30.3% |
| Total | 140 | 132 | 169 | 208 | 14.1% |
Top Suppliers of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted to Ireland in 2022:
- Bangladesh (22.4M units)
- India (6.4M units)
- United Kingdom (2.7M units)
- Germany (2.4M units)
- Turkey (2.0M units)
- Spain (1.4M units)
- China (1.3M units)
- Netherlands (1.2M units)
- Pakistan (0.8M units)
- Denmark (0.7M units)
- Belgium (0.7M units)
- Cambodia (0.2M units)
Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Ireland
Exports of t-shirts, singlets and other vests; of cotton, knitted or crocheted from Ireland soared to 3.4M units in 2022, jumping by 19% on the previous year's figure. Overall, exports, however, continue to indicate a deep setback. The exports peaked at 4.1M 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 amounted to $22M in 2022. Over the period under review, exports, however, recorded a slight reduction. The exports peaked at $23M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 7.7 | 8.7 | 6.5 | 7.0 | -3.1% |
| Germany | 3.8 | 3.7 | 3.3 | 3.9 | 0.9% |
| France | 3.5 | 2.6 | 3.1 | 2.6 | -9.4% |
| Spain | 3.1 | 1.0 | 2.6 | 1.7 | -18.1% |
| Netherlands | 1.2 | 0.6 | 0.8 | 1.1 | -2.9% |
| Poland | 0.2 | 0.2 | 0.1 | 0.7 | 51.8% |
| Italy | 0.6 | 0.6 | 0.4 | 0.6 | 0.0% |
| Others | 2.5 | 2.8 | 3.4 | 4.0 | 17.0% |
| Total | 22.6 | 20.1 | 20.1 | 21.6 | -1.5% |
Top Export Markets for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted from Ireland in 2022:
- United Kingdom (1420.2K units)
- Germany (448.7K units)
- Spain (394.4K units)
- France (367.1K units)
- Netherlands (179.0K units)
- Poland (74.0K units)
- Italy (61.9K units)
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