Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Poland - 2024

Contents:

  1. Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Poland (CIF) - 2024
  2. Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Poland (FOB) - 2024
  3. Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Poland
  4. Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Poland

Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Poland (CIF) - 2024

The average import price for t-shirts, singlets and other vests; of cotton, knitted or crocheted stood at $2.0 per unit in April 2024, which is down by -30.7% against the previous month. In general, the import price recorded a perceptible contraction. The most prominent rate of growth was recorded in March 2024 an increase of 39% m-o-m. Over the period under review, average import prices reached the maximum at $3.7 per unit in June 2023; however, from July 2023 to April 2024, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($3.9 per unit), while the price for Bangladesh ($1.8 per unit) was amongst the lowest.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by France (+6.1%), 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 Poland (FOB) - 2024

The average export price for t-shirts, singlets and other vests; of cotton, knitted or crocheted stood at $4.7 per unit in April 2024, with an increase of 7.7% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2024 an increase of 13% m-o-m. Over the period under review, the average export prices reached the maximum at $6.2 per unit in December 2023; however, from January 2024 to April 2024, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In April 2024, the country with the highest price was Switzerland ($9.5 per unit), while the average price for exports to Bosnia and Herzegovina ($2.0 per unit) was amongst the lowest.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+0.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Poland

In 2022, approx. 367M units of t-shirts, singlets and other vests; of cotton, knitted or crocheted were imported into Poland; rising by 11% on the previous year. The total import volume increased at an average annual rate of +13.3% over the period 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 when imports increased by 18% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of t-shirts, singlets and other vests; of cotton, knitted or crocheted stood at $1.1B in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +18.4% 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 +65.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 25%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bangladesh2982282703465.1%
Germany79.525330329154.1%
Spain11.756.367.282.691.8%
India55.832.433.943.0-8.3%
Slovakia0.919.627.128.4216.0%
Turkey41.917.624.826.1-14.6%
France5.612.923.625.465.5%
Romania0.73.410.918.5197.9%
China33.28.912.512.5-27.8%
Others11112717318618.8%
Total6397599461,05918.3%

Top Suppliers of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted to Poland in 2022:

  1. Bangladesh (181.3M units)
  2. Germany (62.0M units)
  3. Spain (28.3M units)
  4. India (22.5M units)
  5. Slovakia (12.0M units)
  6. France (10.1M units)
  7. Turkey (7.0M units)
  8. Romania (7.0M units)
  9. China (5.1M units)

Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Poland

For the fourth year in a row, Poland recorded growth in shipments abroad of t-shirts, singlets and other vests; of cotton, knitted or crocheted, which increased by 15% to 152M units in 2022. The total export volume increased at an average annual rate of +12.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of t-shirts, singlets and other vests; of cotton, knitted or crocheted amounted to $814M in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +25.2% 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 +96.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 43%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany16729640036629.9%
Czech Republic32.230.143.252.617.8%
Romania38.231.333.846.16.5%
Austria8.714.123.235.760.1%
Ukraine17.624.441.730.720.4%
Hungary23.121.518.021.9-1.8%
Slovakia15.015.715.818.47.0%
Bulgaria3.96.19.217.865.9%
Netherlands5.19.715.315.243.9%
Lithuania8.18.410.413.017.1%
Finland7.04.99.09.611.1%
Latvia5.65.96.28.816.3%
Croatia2.54.36.07.946.7%
Others80.712015217028.2%
Total41559278481425.2%

Top Export Markets for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted from Poland in 2022:

  1. Germany (43.8M units)
  2. Czech Republic (18.7M units)
  3. Romania (15.7M units)
  4. Hungary (7.6M units)
  5. Ukraine (5.9M units)
  6. Slovakia (5.9M units)
  7. Bulgaria (5.6M units)
  8. Lithuania (4.9M units)
  9. Austria (3.8M units)
  10. Latvia (3.6M units)
  11. Netherlands (2.9M units)
  12. Croatia (2.8M units)
  13. Finland (2.5M units)

Source: IndexBox Market Intelligence Platform

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