Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Morocco - 2024
Contents:
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Morocco (FOB) - 2022
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Morocco (CIF) - 2022
- Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Morocco
- Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Morocco
Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Morocco (FOB) - 2022
The average export price for t-shirts, singlets and other vests; of cotton, knitted or crocheted stood at $2.5 per unit in 2022, with a decrease of -2.5% against the previous year. In general, the export price recorded a deep contraction. The pace of growth was the most pronounced in 2021 when the average export price increased by 22%. Over the period under review, the average export prices hit record highs at $5.5 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
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 France ($3.4 per unit), while the average price for exports to Ireland ($1.1 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 (-4.6%), while the prices for the other major destinations experienced a decline.
Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Morocco (CIF) - 2022
In 2022, the average import price for t-shirts, singlets and other vests; of cotton, knitted or crocheted amounted to $2.8 per unit, which is down by -3.7% against the previous year. Overall, the import price recorded a abrupt downturn. The pace of growth was the most pronounced in 2016 when the average import price increased by 22%. Over the period under review, average import prices hit record highs at $5.1 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($3.3 per unit), while the price for Portugal ($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 Spain (-3.7%), while the prices for the other major suppliers experienced a decline.
Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Morocco
Exports of t-shirts, singlets and other vests; of cotton, knitted or crocheted from Morocco declined to 82M units in 2022, waning by -8.2% compared with the previous year's figure. Overall, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 14% against the previous year. As a result, the exports attained the peak of 89M units, and then fell in the following year.
In value terms, exports of t-shirts, singlets and other vests; of cotton, knitted or crocheted contracted to $206M in 2022. Over the period under review, exports continue to indicate a pronounced slump. The pace of growth was the most pronounced in 2021 when exports increased by 39%. As a result, the exports attained the peak of $230M, and then reduced in the following year.
| Export of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 81.1 | 71.9 | 88.8 | 76.8 | -1.8% |
| Spain | 29.9 | 26.6 | 51.9 | 48.1 | 17.2% |
| Germany | 1.7 | 1.2 | 31.9 | 43.9 | 195.6% |
| United Kingdom | 3.5 | 5.7 | 19.7 | 20.3 | 79.7% |
| Italy | 0.1 | 0.1 | 2.7 | 4.3 | 250.3% |
| Portugal | 14.3 | 10.7 | 9.5 | 3.0 | -40.6% |
| Poland | N/A | N/A | 1.0 | 2.0 | 100.0% |
| Ireland | 88.8 | 47.7 | 19.0 | 0.3 | -85.0% |
| Others | 0.9 | 1.8 | 5.6 | 7.3 | 100.9% |
| Total | 220 | 166 | 230 | 206 | -2.2% |
Top Export Markets for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted from Morocco in 2022:
- Germany (24.6M units)
- France (22.6M units)
- Spain (17.6M units)
- United Kingdom (9.0M units)
- Poland (1.8M units)
- Italy (1.6M units)
- Portugal (0.9M units)
- Ireland (0.3M units)
Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Morocco
Imports of t-shirts, singlets and other vests; of cotton, knitted or crocheted into Morocco expanded to 16M units in 2022, rising by 4.8% compared with the previous year. The total import volume increased at an average annual rate of +3.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of t-shirts, singlets and other vests; of cotton, knitted or crocheted amounted to $46M in 2022. The total import value increased at an average annual rate of +4.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 34% against the previous year. Imports peaked 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 Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 14.8 | 12.0 | 14.3 | 12.9 | -4.5% |
| Portugal | 8.2 | 6.0 | 10.7 | 11.1 | 10.6% |
| China | 6.9 | 7.3 | 7.4 | 6.8 | -0.5% |
| Bangladesh | 4.4 | 4.1 | 5.8 | 6.3 | 12.7% |
| India | 3.0 | 1.5 | 3.2 | 3.7 | 7.2% |
| Spain | 0.7 | 0.3 | 0.8 | 1.3 | 22.9% |
| Egypt | 0.2 | 0.2 | 0.3 | 0.9 | 65.1% |
| Others | 2.5 | 2.8 | 3.5 | 3.5 | 11.9% |
| Total | 40.7 | 34.2 | 46.0 | 46.3 | 4.4% |
Top Suppliers of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted to Morocco in 2022:
- Portugal (5.2M units)
- Turkey (4.2M units)
- China (2.2M units)
- Bangladesh (2.0M units)
- India (1.4M units)
- Spain (0.4M units)
- Egypt (0.3M units)
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