Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Libya - 2022
Contents:
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Libya (CIF) - 2022
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Libya (FOB) - 2022
- Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Libya
- Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Libya
Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Libya (CIF) - 2022
In 2022, the average import price for t-shirts, singlets and other vests; of cotton, knitted or crocheted amounted to $1.4 per unit, rising by 2.9% against the previous year. Overall, the import price, however, continues to indicate a pronounced curtailment. The growth pace was the most rapid in 2016 when the average import price increased by 25%. Over the period under review, average import prices reached the maximum at $2.1 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3.2 per unit), while the price for Turkey amounted to $1.3 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.5%).
Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Libya (FOB) - 2022
In 2022, the average export price for t-shirts, singlets and other vests; of cotton, knitted or crocheted amounted to $5.5 per unit, reducing by -38.2% against the previous year. In general, the export price, however, enjoyed noticeable growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 97%. As a result, the export price attained the peak level of $8.9 per unit, and then plummeted in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Malta ($31 per unit), while the average price for exports to South Africa ($1.8 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 France (+1,485.7%), 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 Libya
Imports of t-shirts, singlets and other vests; of cotton, knitted or crocheted into Libya skyrocketed to 23M units in 2022, picking up by 19% on 2021 figures. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +5.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.1% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 50% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of t-shirts, singlets and other vests; of cotton, knitted or crocheted surged to $32M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +6.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +96.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 60% against the previous year. Imports peaked 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 Libya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 21.4 | 12.6 | 22.3 | 26.4 | 7.2% |
| China | 1.9 | 1.5 | 1.5 | 2.6 | 11.0% |
| Others | 3.7 | 2.3 | 2.6 | 3.4 | -2.8% |
| Total | 27.0 | 16.5 | 26.4 | 32.3 | 6.2% |
Top Suppliers of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted to Libya in 2022:
- Turkey (21.1M units)
- China (0.8M units)
Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Libya
In 2022, exports of t-shirts, singlets and other vests; of cotton, knitted or crocheted from Libya plummeted to 106 units, with a decrease of -37.3% on the year before. In general, exports faced a precipitous descent. The smallest decline of -16.3% was in 2020. Over the period under review, the exports of attained the peak figure at 504 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 dropped dramatically to $586 in 2022. Overall, exports saw a sharp slump. The smallest decline of -17.4% was in 2020. The exports peaked at $2.3K 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 Libya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | N/A | N/A | 35.0 | 171 | 388.6% |
| Ireland | 56.0 | 398 | 73.0 | 119 | 28.6% |
| Netherlands | 56.0 | 476 | 104 | 80.0 | 12.6% |
| Austria | 73.0 | 326 | 26.0 | 67.0 | -2.8% |
| Malta | 228 | 414 | 56.0 | 61.0 | -35.6% |
| Philippines | N/A | N/A | N/A | 49.0 | 0% |
| Germany | 51.0 | 252 | 32.0 | 25.0 | -21.2% |
| South Africa | 5.0 | 40.0 | 7.0 | 9.0 | 21.6% |
| United Arab Emirates | 1,598 | N/A | N/A | N/A | 0% |
| Italy | N/A | N/A | 1,153 | N/A | 0% |
| Others | 255 | 11.0 | 26.0 | 5.0 | -73.0% |
| Total | 2,322 | 1,917 | 1,512 | 586 | -36.8% |
Top Export Markets for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted from Libya in 2022:
- Switzerland (27.0 units)
- Philippines (22.0 units)
- Ireland (19.0 units)
- Austria (14.0 units)
- Netherlands (11.0 units)
- South Africa (5.0 units)
- Germany (5.0 units)
- Malta (2.0 units)
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