Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Italy - 2024
Contents:
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Italy (FOB) - 2024
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Italy (CIF) - 2024
- Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Italy
- Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Italy
Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Italy (FOB) - 2024
In April 2024, the average export price for t-shirts, singlets and other vests; of cotton, knitted or crocheted amounted to $19.9 per unit, picking up by 27% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.6%. The export price peaked at $24.5 per unit in February 2024; however, from March 2024 to April 2024, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In April 2024, the country with the highest price was China ($132 per unit), while the average price for exports to Albania ($1.8 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 (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Italy (CIF) - 2024
The average import price for t-shirts, singlets and other vests; of cotton, knitted or crocheted stood at $2.7 per unit in April 2024, waning by -33.3% against the previous month. Overall, the import price continues to indicate a perceptible descent. The pace of growth was the most pronounced in November 2023 an increase of 18% against the previous month. As a result, import price reached the peak level of $5.5 per unit. From December 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 Turkey ($8.0 per unit), while the price for Morocco ($1.7 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 Ethiopia (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Italy
In 2022, exports of t-shirts, singlets and other vests; of cotton, knitted or crocheted from Italy totaled 109M units, growing by 5.8% against 2021 figures. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 18%. The exports peaked 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 rose slightly to $1.7B in 2022. The total export value increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 118 | 121 | 153 | 173 | 13.6% |
| France | 112 | 115 | 148 | 157 | 11.9% |
| Germany | 124 | 126 | 163 | 146 | 5.6% |
| United Kingdom | 174 | 179 | 120 | 113 | -13.4% |
| Spain | 79.0 | 67.0 | 87.4 | 92.6 | 5.4% |
| Poland | 24.9 | 30.3 | 51.7 | 51.7 | 27.6% |
| Netherlands | 34.1 | 33.6 | 42.8 | 45.7 | 10.3% |
| Russia | 39.9 | 33.8 | 37.6 | 35.1 | -4.2% |
| Greece | 28.1 | 24.2 | 34.7 | 33.6 | 6.1% |
| Albania | 14.5 | 12.1 | 18.8 | 20.4 | 12.1% |
| Romania | 14.8 | 17.4 | 23.4 | 19.5 | 9.6% |
| Croatia | 14.7 | 11.0 | 13.8 | 13.6 | -2.6% |
| Bulgaria | 9.7 | 12.1 | 12.3 | 12.5 | 8.8% |
| Others | 670 | 613 | 738 | 765 | 4.5% |
| Total | 1,457 | 1,395 | 1,644 | 1,679 | 4.8% |
Top Export Markets for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted from Italy in 2022:
- Albania (11.6M units)
- Switzerland (11.5M units)
- France (9.9M units)
- Spain (9.4M units)
- Germany (9.0M units)
- Poland (5.1M units)
- United Kingdom (4.2M units)
- Russia (4.0M units)
- Greece (3.8M units)
- Croatia (2.7M units)
- Bulgaria (2.6M units)
- Romania (2.1M units)
- Netherlands (2.0M units)
Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Italy
In 2022, approx. 383M units of t-shirts, singlets and other vests; of cotton, knitted or crocheted were imported into Italy; growing by 14% compared with 2021 figures. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 16%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of t-shirts, singlets and other vests; of cotton, knitted or crocheted stood at $1.6B 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 throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 27%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.
| Import of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 256 | 218 | 244 | 343 | 10.2% |
| France | 115 | 111 | 144 | 127 | 3.4% |
| Spain | 129 | 91.2 | 137 | 123 | -1.6% |
| Netherlands | 87.1 | 81.3 | 121 | 116 | 10.0% |
| Turkey | 82.1 | 75.0 | 98.3 | 107 | 9.2% |
| Germany | 82.3 | 78.9 | 119 | 105 | 8.5% |
| Belgium | 75.4 | 50.1 | 68.4 | 78.6 | 1.4% |
| Tunisia | 53.7 | 39.5 | 50.3 | 57.2 | 2.1% |
| China | 48.7 | 43.0 | 47.0 | 54.1 | 3.6% |
| Bulgaria | 29.9 | 25.0 | 41.8 | 46.7 | 16.0% |
| India | 50.3 | 33.0 | 35.1 | 44.2 | -4.2% |
| Sri Lanka | 16.7 | 15.4 | 22.5 | 31.3 | 23.3% |
| Albania | 26.1 | 18.8 | 28.3 | 29.9 | 4.6% |
| Others | 358 | 274 | 316 | 304 | -5.3% |
| Total | 1,411 | 1,155 | 1,473 | 1,566 | 3.5% |
Top Suppliers of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted to Italy in 2022:
- Bangladesh (141.3M units)
- Spain (38.6M units)
- Germany (20.2M units)
- Netherlands (19.5M units)
- France (16.5M units)
- Belgium (15.4M units)
- Tunisia (15.0M units)
- India (14.8M units)
- Turkey (14.4M units)
- Albania (12.8M units)
- Bulgaria (10.8M units)
- Sri Lanka (9.9M units)
- China (8.8M units)
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