Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Peru - 2022
Contents:
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Peru (FOB) - 2022
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Peru (CIF) - 2022
- Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Peru
- Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Peru
Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Peru (FOB) - 2022
In 2022, the average export price for t-shirts, singlets and other vests; of cotton, knitted or crocheted amounted to $7.9 per unit, increasing by 21% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($11 per unit), while the average price for exports to Chile ($4.8 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 Canada (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Peru (CIF) - 2022
In 2022, the average import price for t-shirts, singlets and other vests; of cotton, knitted or crocheted amounted to $3.3 per unit, growing by 19% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $3.5 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Pakistan ($6.7 per unit), while the price for India ($2.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.9%), 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 Peru
In 2022, exports of t-shirts, singlets and other vests; of cotton, knitted or crocheted from Peru contracted to 57M units, which is down by -12.6% against the year before. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +5.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 67% against the previous year. As a result, the exports attained the peak of 65M units, and then dropped in the following year.
In value terms, exports of t-shirts, singlets and other vests; of cotton, knitted or crocheted expanded notably to $450M in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +11.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 64%. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 232 | 180 | 304 | 293 | 8.1% |
| Canada | 10.5 | 13.8 | 30.9 | 34.0 | 47.9% |
| Brazil | 24.4 | 18.9 | 22.0 | 24.9 | 0.7% |
| Germany | 9.9 | 7.7 | 9.5 | 16.8 | 19.3% |
| Chile | 7.5 | 4.5 | 15.4 | 15.9 | 28.5% |
| France | 6.7 | 4.9 | 4.5 | 7.5 | 3.8% |
| Ecuador | 2.3 | 1.4 | 5.6 | 6.8 | 43.5% |
| Others | 36.1 | 28.3 | 33.9 | 51.3 | 12.4% |
| Total | 330 | 259 | 426 | 450 | 10.9% |
Top Export Markets for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted from Peru in 2022:
- United States (36.0M units)
- Brazil (4.4M units)
- Chile (3.3M units)
- Canada (3.1M units)
- Germany (2.0M units)
- Ecuador (1.3M units)
- France (0.9M units)
Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Peru
In 2022, the amount of t-shirts, singlets and other vests; of cotton, knitted or crocheted imported into Peru soared to 23M units, with an increase of 23% against the previous year. The total import volume increased at an average annual rate of +6.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained 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 skyrocketed to $76M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +13.5% 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 +99.2% against 2020 indices. 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 Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 21.3 | 13.3 | 21.4 | 30.0 | 12.1% |
| Bangladesh | 17.7 | 16.0 | 17.4 | 24.5 | 11.4% |
| India | 3.2 | 2.4 | 4.0 | 6.5 | 26.6% |
| Pakistan | 1.6 | 0.9 | 1.4 | 2.8 | 20.5% |
| Turkey | 1.7 | 1.2 | 1.3 | 2.4 | 12.2% |
| Others | 6.7 | 4.5 | 6.8 | 10.1 | 14.7% |
| Total | 52.1 | 38.3 | 52.3 | 76.3 | 13.6% |
Top Suppliers of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted to Peru in 2022:
- Bangladesh (9.6M units)
- China (8.5M units)
- India (2.7M units)
- Turkey (0.4M units)
- Pakistan (0.4M units)
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