Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Paraguay - 2024
Contents:
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Paraguay (CIF) - 2024
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Paraguay (FOB) - 2022
- Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Paraguay
- Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Paraguay
Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Paraguay (CIF) - 2024
The average import price for t-shirts, singlets and other vests; of cotton, knitted or crocheted stood at $6.5 per unit in June 2024, standing approximately at the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2023 when the average import price increased by 1% month-to-month. Over the period under review, average import prices reached the peak figure in June 2024.
Average prices varied noticeably amongst the major supplying countries. In June 2024, the countries with the highest prices were Vietnam ($6.5 per unit) and Portugal ($6.5 per unit), while the price for Peru ($6.5 per unit) and Turkey ($6.5 per unit) were amongst the lowest.
From June 2023 to June 2024, the most notable rate of growth in terms of prices was attained by Indonesia (+0.1%), 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 Paraguay (FOB) - 2022
The average export price for t-shirts, singlets and other vests; of cotton, knitted or crocheted stood at $4.5 per unit in 2022, reducing by -5.5% against the previous year. In general, the export price continues to indicate a mild shrinkage. The pace of growth appeared the most rapid in 2018 an increase of 8.5% against the previous year. The export price peaked at $5.1 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Argentina ($4.5 per unit) and Bolivia ($4.5 per unit), while the average price for exports to Venezuela ($4.5 per unit) and Uruguay ($4.5 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (-0.1%), while the prices for the other major destinations experienced a decline.
Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Paraguay
In 2022, after two years of decline, there was growth in overseas purchases of t-shirts, singlets and other vests; of cotton, knitted or crocheted, when their volume increased by 2.5% to 1.3M units. In general, imports, however, recorded a deep setback. Over the period under review, imports of attained the peak figure at 2.2M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of t-shirts, singlets and other vests; of cotton, knitted or crocheted surged to $9.4M in 2022. Overall, imports, however, saw a relatively flat trend pattern. Over the period under review, imports of hit record highs at $9.5M 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 Paraguay (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 3,512 | 1,874 | 2,779 | 3,358 | -1.5% |
China | 2,016 | 1,336 | 956 | 1,381 | -11.8% |
Bangladesh | 601 | 1,054 | 881 | 1,052 | 20.5% |
Peru | 746 | 615 | 856 | 949 | 8.4% |
Vietnam | 328 | 241 | 486 | 538 | 17.9% |
India | 421 | 209 | 176 | 261 | -14.7% |
Turkey | 202 | 155 | 253 | 241 | 6.1% |
Indonesia | 31.2 | 70.4 | 110 | 221 | 92.0% |
Portugal | 236 | 104 | 229 | 186 | -7.6% |
Mexico | 115 | 45.0 | 48.2 | 147 | 8.5% |
Panama | 202 | 278 | 163 | 18.8 | -54.7% |
Others | 1,105 | 797 | 670 | 1,057 | -1.5% |
Total | 9,514 | 6,777 | 7,607 | 9,410 | -0.4% |
Top Suppliers of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted to Paraguay in 2022:
- Brazil (481.3K units)
- China (198.0K units)
- Bangladesh (150.8K units)
- Peru (136.1K units)
- Vietnam (77.1K units)
- India (37.5K units)
- Turkey (34.5K units)
- Indonesia (31.6K units)
- Portugal (26.7K units)
- Mexico (21.1K units)
- Panama (2.7K units)
Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Paraguay
For the fourth year in a row, Paraguay recorded growth in shipments abroad of t-shirts, singlets and other vests; of cotton, knitted or crocheted, which increased by 65% to 228K units in 2022. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 123%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the near future.
In value terms, exports of t-shirts, singlets and other vests; of cotton, knitted or crocheted soared to $1M in 2022. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 127% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
Export of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Paraguay (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Chile | 34.4 | 86.7 | 129 | 227 | 87.6% |
Peru | 1.0 | 37.4 | 115 | 185 | 469.8% |
Brazil | 19.5 | 128 | 76.6 | 146 | 95.6% |
Venezuela | 2.4 | 27.1 | 81.0 | 123 | 271.4% |
Ecuador | 1.7 | 40.7 | 40.8 | 108 | 299.0% |
Colombia | 26.8 | 19.1 | 37.9 | 85.7 | 47.3% |
Bolivia | 1.0 | 18.5 | 32.7 | 64.8 | 301.7% |
Argentina | 99.1 | 146 | 112 | 37.2 | -27.9% |
Uruguay | 44.7 | 38.6 | 4.7 | 21.5 | -21.6% |
Others | 16.3 | 17.7 | 23.7 | 22.4 | 11.2% |
Total | 247 | 560 | 654 | 1,021 | 60.5% |
Top Export Markets for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted from Paraguay in 2022:
- Chile (50.7K units)
- Peru (41.2K units)
- Brazil (32.6K units)
- Venezuela (27.5K units)
- Ecuador (24.1K units)
- Colombia (19.1K units)
- Bolivia (14.5K units)
- Argentina (8.3K units)
- Uruguay (4.8K units)
This report provides an in-depth analysis of the t-shirt market in Paraguay.
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This report provides an in-depth analysis of the t-shirt market in Paraguay.
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