Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Israel - 2024

Contents:

  1. Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Israel (CIF) - 2022
  2. Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Israel (FOB) - 2022
  3. Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Israel
  4. Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Israel

Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Israel (CIF) - 2022

The average import price for t-shirts, singlets and other vests; of cotton, knitted or crocheted stood at $7 per unit in 2022, jumping by 28% against the previous year. Overall, the import price showed a buoyant increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 35% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Sweden ($7 per unit) and India ($7 per unit), while the price for Italy ($7 per unit) and the UK ($7 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+14.7%), 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 Israel (FOB) - 2022

The average export price for t-shirts, singlets and other vests; of cotton, knitted or crocheted stood at $4.5 per unit in 2022, waning by -32.6% against the previous year. Overall, the export price saw a mild shrinkage. The pace of growth appeared the most rapid in 2020 an increase of 29%. The export price peaked at $6.7 per unit in 2021, and then dropped significantly in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were the United Arab Emirates ($4.5 per unit) and the United States ($4.5 per unit), while the average price for exports to the UK ($4.5 per unit) and France ($4.5 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+18.1%), 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 Israel

In 2022, imports of t-shirts, singlets and other vests; of cotton, knitted or crocheted into Israel contracted to 54M units, with a decrease of -7.3% against the year before. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 46%. As a result, imports attained the peak of 59M units, and then fell in the following year.

In value terms, imports of t-shirts, singlets and other vests; of cotton, knitted or crocheted surged to $379M in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 63%. Over the period under review, imports of hit record highs 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 Israel (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China54.942.980.469.58.2%
Spain0.521.70.843.8344.1%
Bangladesh42.218.274.135.2-5.9%
Belgium0.19.10.234.6602.0%
India23.517.925.429.37.6%
Sweden0.513.0N/A27.3279.4%
Turkey22.312.238.222.2-0.1%
Italy7.510.38.120.439.6%
Hong Kong SAR1.79.53.814.1102.4%
Netherlands0.66.82.010.8162.1%
United States4.44.42.29.529.2%
Switzerland0.35.10.97.8196.2%
United Kingdom0.42.21.06.8157.1%
Others37.724.183.848.18.5%
Total19719732137924.4%

Top Suppliers of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted to Israel in 2022:

  1. China (10.0M units)
  2. Spain (6.3M units)
  3. Bangladesh (5.0M units)
  4. Belgium (5.0M units)
  5. India (4.2M units)
  6. Sweden (3.9M units)
  7. Turkey (3.2M units)
  8. Italy (2.9M units)
  9. Hong Kong SAR (2.0M units)
  10. Netherlands (1.5M units)
  11. United States (1.4M units)
  12. Switzerland (1.1M units)
  13. United Kingdom (1.0M units)

Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Israel

Exports of t-shirts, singlets and other vests; of cotton, knitted or crocheted from Israel shrank sharply to 381K units in 2022, falling by -49.9% against the previous year's figure. In general, exports recorded a precipitous descent. The smallest decline of -20.3% was in 2021. Over the period under review, the exports of reached the peak figure at 1.8M 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 fell rapidly to $1.7M in 2022. Over the period under review, exports recorded a significant decline. The smallest decline of -14% was in 2021. Over the period under review, the exports of hit record highs at $8.7M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium23.011.0269575192.4%
United Arab EmiratesN/AN/A25.03261204.0%
United States4,3392,2191,506151-67.4%
France44.020.035845.00.8%
Germany92.089.014144.0-21.8%
Netherlands99.035.037.038.0-27.3%
United Kingdom14594.061.022.0-46.7%
Canada11213013518.0-45.6%
Russia42.02251751.0-71.2%
Kazakhstan207137N/AN/A-33.8%
Hungary819700871N/A3.1%
Vietnam1,658N/AN/AN/A0%
Costa Rica134993273N/A42.7%
Others9531,2341,210490-19.9%
Total8,6675,8875,0611,710-41.8%

Top Export Markets for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted from Israel in 2022:

  1. Belgium (128.2K units)
  2. United Arab Emirates (72.7K units)
  3. United States (33.7K units)
  4. France (10.0K units)
  5. Germany (9.8K units)
  6. Netherlands (8.5K units)
  7. United Kingdom (4.9K units)
  8. Canada (4.0K units)
  9. Russia (0.2K units)

Source: IndexBox Market Intelligence Platform

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