Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Jordan - 2022
Contents:
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Jordan (CIF) - 2022
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Jordan (FOB) - 2022
- Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Jordan
- Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Jordan
Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Jordan (CIF) - 2022
The average import price for t-shirts, singlets and other vests; of cotton, knitted or crocheted stood at $3.3 per unit in 2022, dropping by -8.1% against the previous year. Over the period under review, the import price saw a pronounced slump. The pace of growth was the most pronounced in 2021 when the average import price increased by 27%. Over the period under review, average import prices hit record highs at $5.1 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($3.3 per unit) and Romania ($3.3 per unit), while the price for China ($3.3 per unit) and Turkey ($3.3 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (-2.4%), 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 Jordan (FOB) - 2022
The average export price for t-shirts, singlets and other vests; of cotton, knitted or crocheted stood at $4.8 per unit in 2022, stabilizing at the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The pace of growth appeared the most rapid in 2020 when the average export price increased by 28% against the previous year. As a result, the export price attained the peak level of $6.1 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($14 per unit), while the average price for exports to the United States ($3.6 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 the UK (+7.5%), 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 Jordan
In 2022, supplies from abroad of t-shirts, singlets and other vests; of cotton, knitted or crocheted decreased by -7.7% to 9.2M units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 3,714%. Imports peaked at 9.9M units in 2021, and then reduced in the following year.
In value terms, imports of t-shirts, singlets and other vests; of cotton, knitted or crocheted declined sharply to $31M in 2022. Over the period under review, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 2,917%. Imports peaked at $36M in 2021, and then dropped remarkably in the following year.
| Import of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Jordan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.1 | 4.9 | 17.1 | 8.7 | 343.1% |
| Vietnam | N/A | N/A | 2.1 | 4.4 | 109.5% |
| Turkey | N/A | N/A | 6.5 | 3.9 | -40.0% |
| Indonesia | N/A | N/A | 0.3 | 3.1 | 933.3% |
| Bangladesh | 0.2 | 0.6 | 3.5 | 2.4 | 128.9% |
| Romania | N/A | N/A | N/A | 2.2 | 0% |
| India | N/A | 8.5 | 2.6 | 1.4 | -59.4% |
| United Arab Emirates | N/A | 1.4 | 1.0 | 0.4 | -46.5% |
| Others | 0.2 | 0.8 | 3.1 | 4.1 | 173.7% |
| Total | 0.5 | 16.3 | 36.1 | 30.7 | 294.5% |
Top Suppliers of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted to Jordan in 2022:
- China (2.6M units)
- Vietnam (1.3M units)
- Turkey (1.2M units)
- Indonesia (0.9M units)
- Romania (0.7M units)
- Bangladesh (0.7M units)
- India (0.4M units)
- United Arab Emirates (0.1M units)
Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Jordan
In 2022, approx. 222K units of t-shirts, singlets and other vests; of cotton, knitted or crocheted were exported from Jordan; falling by -63.4% compared with the previous year's figure. Overall, exports saw a sharp downturn. The exports peaked at 13M 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 shrank remarkably to $1.1M in 2022. Over the period under review, exports continue to indicate a precipitous slump. The exports peaked at $62M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Jordan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 52.1 | 17.7 | 1.9 | 0.6 | -77.4% |
| Italy | 0.1 | N/A | 0.3 | 0.1 | 0.0% |
| United Arab Emirates | 2.6 | 0.4 | 0.1 | 0.1 | -66.2% |
| Singapore | N/A | N/A | N/A | 0.1 | 0% |
| United Kingdom | 1.3 | 0.3 | N/A | N/A | -76.9% |
| Mexico | 0.1 | N/A | N/A | N/A | 0% |
| Israel | 1.1 | 0.1 | 0.2 | N/A | -57.4% |
| Canada | 0.2 | 0.1 | N/A | N/A | -50.0% |
| Others | 4.4 | 0.8 | 0.3 | 0.1 | -71.7% |
| Total | 61.8 | 19.6 | 2.9 | 1.1 | -73.9% |
Top Export Markets for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted from Jordan in 2022:
- United States (167.7K units)
- United Arab Emirates (14.7K units)
- Italy (8.4K units)
- Canada (5.1K units)
- Mexico (4.6K units)
- Singapore (4.3K units)
- United Kingdom (0.8K units)
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