Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Kuwait - 2022
Contents:
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Kuwait (CIF) - 2022
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Kuwait (FOB) - 2022
- Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Kuwait
- Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Kuwait
Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Kuwait (CIF) - 2022
The average import price for t-shirts, singlets and other vests; of cotton, knitted or crocheted stood at $4.1 per unit in 2022, dropping by -6.8% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 87% against the previous year. The import price peaked at $9.2 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($11 per unit), while the price for China ($2.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Kuwait (FOB) - 2022
The average export price for t-shirts, singlets and other vests; of cotton, knitted or crocheted stood at $8.7 per unit in 2022, surging by 26% against the previous year. Overall, the export price, however, continues to indicate a mild decrease. The pace of growth was the most pronounced in 2016 an increase of 80% against the previous year. As a result, the export price attained the peak level of $10 per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($48 per unit), while the average price for exports to the Netherlands ($3.9 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 El Salvador (+41.9%), 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 Kuwait
In 2022, approx. 31M units of t-shirts, singlets and other vests; of cotton, knitted or crocheted were imported into Kuwait; falling by -26.4% compared with 2021 figures. Over the period under review, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 92% against the previous year. Imports peaked at 45M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of t-shirts, singlets and other vests; of cotton, knitted or crocheted reduced markedly to $130M in 2022. In general, imports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 74% against the previous year. Imports peaked at $199M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 161 | 81.7 | 150 | 84.4 | -19.4% |
| China | 7.6 | 5.8 | 8.3 | 11.5 | 14.8% |
| India | 9.2 | 5.5 | 6.4 | 7.8 | -5.4% |
| Spain | 5.5 | 4.4 | 6.9 | 6.7 | 6.8% |
| Turkey | 2.8 | 1.3 | 3.4 | 5.2 | 22.9% |
| Others | 13.4 | 10.2 | 15.2 | 14.7 | 3.1% |
| Total | 199 | 109 | 190 | 130 | -13.2% |
Top Suppliers of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted to Kuwait in 2022:
- United Arab Emirates (18.8M units)
- China (5.5M units)
- India (3.1M units)
- Turkey (1.9M units)
- Spain (0.6M units)
Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Kuwait
In 2022, after three years of growth, there was significant decline in overseas shipments of t-shirts, singlets and other vests; of cotton, knitted or crocheted, when their volume decreased by -28.4% to 37K units. Overall, exports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by 50% against the previous year. As a result, the exports reached the peak of 52K units, and then contracted rapidly in the following year.
In value terms, exports of t-shirts, singlets and other vests; of cotton, knitted or crocheted reduced to $324K in 2022. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 54%. As a result, the exports reached the peak of $359K, and then shrank in the following year.
| Export of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 62.2 | 60.4 | 85.6 | 127 | 26.9% |
| Netherlands | 3.1 | 9.0 | 72.2 | 44.9 | 143.8% |
| Italy | 40.8 | 22.4 | 35.1 | 40.5 | -0.2% |
| United Arab Emirates | 7.7 | 15.9 | 25.1 | 28.5 | 54.7% |
| El Salvador | N/A | N/A | 17.9 | 18.0 | 0.6% |
| Oman | 1.3 | 1.0 | 3.9 | 9.9 | 96.7% |
| Austria | 3.4 | 8.3 | 7.4 | 6.8 | 26.0% |
| Egypt | 10.9 | 54.3 | 46.5 | N/A | 106.5% |
| Saudi Arabia | 5.5 | 19.5 | 17.3 | N/A | 77.4% |
| Others | 45.0 | 41.7 | 47.8 | 48.4 | 2.5% |
| Total | 180 | 232 | 359 | 324 | 21.6% |
Top Export Markets for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted from Kuwait in 2022:
- Qatar (16.6K units)
- Netherlands (11.6K units)
- United Arab Emirates (3.0K units)
- El Salvador (2.2K units)
- Oman (1.0K units)
- Italy (0.9K units)
- Austria (0.7K units)
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