Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Kazakhstan - 2024
Contents:
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Kazakhstan (CIF) - 2024
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Kazakhstan (FOB) - 2024
- Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Kazakhstan
- Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Kazakhstan
Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Kazakhstan (CIF) - 2024
The average import price for t-shirts, singlets and other vests; of cotton, knitted or crocheted stood at $1.7 per unit in February 2024, picking up by 22% against the previous month. Over the period from February 2023 to February 2024, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in August 2023 an increase of 26% m-o-m. Over the period under review, average import prices hit record highs at $1.8 per unit in September 2023; however, from October 2023 to February 2024, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was Russia ($3.4 per unit), while the price for Uzbekistan ($267 per thousand units) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Turkey (+1.6%), 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 Kazakhstan (FOB) - 2024
In February 2024, the average export price for t-shirts, singlets and other vests; of cotton, knitted or crocheted amounted to $372 per thousand units, rising by 28% against the previous month. Overall, the export price, however, saw a abrupt decrease. The most prominent rate of growth was recorded in September 2023 an increase of 133% against the previous month. The export price peaked at $6.6 per unit in April 2023; however, from May 2023 to February 2024, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Uzbekistan ($18.1 per unit), while the average price for exports to Russia stood at $323 per thousand units.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+67.3%).
Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Kazakhstan
In 2022, the amount of t-shirts, singlets and other vests; of cotton, knitted or crocheted imported into Kazakhstan surged to 17M units, with an increase of 121% compared with 2021 figures. In general, imports posted prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of t-shirts, singlets and other vests; of cotton, knitted or crocheted soared to $106M in 2022. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Kazakhstan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 16.0 | 10.5 | 15.5 | 39.1 | 34.7% |
| China | 6.4 | 3.0 | 3.6 | 30.9 | 69.0% |
| Russia | 9.1 | 7.7 | 11.0 | 15.1 | 18.4% |
| Uzbekistan | 6.6 | 5.5 | 6.8 | 9.2 | 11.7% |
| Bangladesh | 3.9 | 4.0 | 3.8 | 5.5 | 12.1% |
| Italy | 1.3 | 1.2 | 1.4 | 1.3 | 0.0% |
| Portugal | 0.9 | 0.6 | 1.1 | 1.1 | 6.9% |
| Others | 2.5 | 2.0 | 2.6 | 3.3 | 9.7% |
| Total | 46.8 | 34.6 | 45.8 | 106 | 31.3% |
Top Suppliers of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted to Kazakhstan in 2022:
- Turkey (6.5M units)
- China (5.1M units)
- Russia (2.5M units)
- Uzbekistan (1.5M units)
- Bangladesh (0.9M units)
- Italy (0.2M units)
- Portugal (0.2M units)
Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Kazakhstan
In 2022, exports of t-shirts, singlets and other vests; of cotton, knitted or crocheted from Kazakhstan reduced sharply to 113K units, dropping by -35.5% against the previous year's figure. Over the period under review, exports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 365% against the previous year. As a result, the exports reached the peak of 175K units, and then shrank dramatically in the following year.
In value terms, exports of t-shirts, singlets and other vests; of cotton, knitted or crocheted fell remarkably to $692K in 2022. In general, exports, however, recorded a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 354% against the previous year. As a result, the exports reached the peak of $831K, and then dropped remarkably in the following year.
| Export of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Kazakhstan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 259 | 109 | 495 | 525 | 26.6% |
| Kyrgyzstan | 58.0 | 4.8 | 37.3 | 35.6 | -15.0% |
| Uzbekistan | N/A | 0.7 | 1.1 | 31.0 | 565.5% |
| Jordan | N/A | N/A | 22.4 | 27.5 | 22.8% |
| Belarus | N/A | 17.0 | 70.2 | 25.7 | 23.0% |
| United Arab Emirates | N/A | 0.5 | N/A | 17.7 | 495.0% |
| France | 38.8 | 25.1 | 22.5 | 13.0 | -30.5% |
| Italy | 20.4 | 14.4 | 12.3 | 10.1 | -20.9% |
| Saudi Arabia | N/A | N/A | 122 | N/A | 0% |
| Others | 70.9 | 10.8 | 47.7 | 6.5 | -54.9% |
| Total | 447 | 183 | 831 | 692 | 15.7% |
Top Export Markets for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted from Kazakhstan in 2022:
- Russia (85.5K units)
- Kyrgyzstan (5.8K units)
- Uzbekistan (5.0K units)
- Jordan (4.5K units)
- Belarus (4.2K units)
- United Arab Emirates (2.9K units)
- France (2.1K units)
- Italy (1.7K units)
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